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 lower than 58% 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 397,746,000 kg CO2e from Scope 1 emissions, 54,840,300 kg CO2e from Scope 2, and 10,636,230 kg CO2e from Scope 3. The company's emissions increased from 455,207,000 kg CO2e in 2022, which comprised 357,962,000 kg CO2e from Scope 1, 53,555,000 kg CO2e from Scope 2, and 21,059,000 kg CO2e from Scope 3. In 2021, Finolex Industries had total emissions of 411,517,000 kg CO2e, with 323,265,000 kg CO2e from Scope 1, 46,347,000 kg CO2e from Scope 2, and 10,636,000 kg CO2e from Scope 3. Despite the increase in emissions over the years, specific reduction targets or initiatives have not been disclosed. The company has not committed to any science-based targets or climate pledges, indicating a potential area for future improvement in their climate strategy. Overall, Finolex Industries continues to monitor its carbon footprint, with a focus on transparency in emissions reporting across all scopes.
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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.
