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 34 is higher than 85% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Finolex Industries's reported carbon emissions
In 2024, Finolex Industries reported total carbon emissions of approximately 381,866,390 kg CO2e for Scope 1, 52,281,500 kg CO2e for Scope 2, and 21,058,755 kg CO2e for Scope 3. This reflects a slight decrease in Scope 1 emissions from 2023, where they were about 397,746,000 kg CO2e, and a decrease in Scope 2 emissions from 54,840,300 kg CO2e. The Scope 3 emissions also increased from approximately 10,636,230 kg CO2e in 2023. The total emissions for 2023 were approximately 397,746,000 kg CO2e (Scope 1), 54,840,300 kg CO2e (Scope 2), and 10,636,230 kg CO2e (Scope 3). In 2022, Finolex Industries reported 357,962,000 kg CO2e for Scope 1 and 53,555,000 kg CO2e for Scope 2, with no Scope 3 data disclosed. Despite these figures, Finolex Industries has not set specific reduction targets or initiatives as part of their climate commitments. The company has disclosed emissions across all three scopes but lacks formal reduction targets or commitments to frameworks such as the Science Based Targets initiative (SBTi). Overall, while Finolex Industries has made progress in tracking and reporting its emissions, further commitments and reduction strategies would enhance its climate action profile.
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | - | - | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | - | - | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 10,636,230 | 000,000,000 | - | 00,000,000.00 | 00,000,000.00 |
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 participating in any of the initiatives that 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.
