Finolex Industries
Finolex Industries Limited, a leading name in the Indian manufacturing sector, is headquartered in Pune, Maharashtra. Established in 1981, the company has carved a niche in the plastic and PVC pipe industry, becoming a trusted provider of high-quality products across various regions in India. Specialising in the production of PVC pipes, fittings, and electrical cables, Finolex is renowned for its commitment to innovation and quality. The company’s core offerings are distinguished by their durability and reliability, catering to diverse applications in agriculture, construction, and infrastructure. With a strong market presence, Finolex Industries has achieved significant milestones, including being one of the largest manufacturers of PVC pipes in India. Its dedication to excellence has solidified its position as a preferred choice among consumers and industry professionals alike.
DitchCarbon Score
How does Finolex Industries's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Other Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Finolex Industries's score of 32 is higher than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Finolex Industries's reported carbon emissions
In 2023, Finolex Industries reported total carbon emissions of approximately 463,222,000 kg CO2e. This figure includes Scope 1 emissions of about 397,746,000 kg CO2e, Scope 2 emissions of around 54,840,300 kg CO2e, and Scope 3 emissions of approximately 10,636,230 kg CO2e. The company has shown a slight increase in emissions from 2022, where total emissions were about 455,207,000 kg CO2e, with Scope 1 at approximately 357,962,000 kg CO2e and Scope 2 at around 53,555,000 kg CO2e. In 2021, total emissions were reported at about 411,517,000 kg CO2e, with Scope 1 emissions of approximately 323,265,000 kg CO2e. Despite these figures, Finolex Industries has not disclosed specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of documented reduction commitments suggests a need for further transparency regarding their climate strategies. The company operates within an industry context that increasingly prioritises sustainability and carbon reduction, highlighting the importance of establishing clear climate commitments moving forward.
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| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Scope 1 | 323,265,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 46,347,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 10,636,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Finolex Industries is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
