Godrej Agrovet Limited, a prominent player in the agribusiness sector, is headquartered in India and operates extensively across various regions, including Maharashtra, Gujarat, and Punjab. Founded in 1991, the company has established itself as a leader in animal feed, crop protection, and oil palm cultivation, contributing significantly to India's agricultural landscape. With a diverse portfolio that includes high-quality animal feed, innovative crop protection solutions, and sustainable oil palm products, Godrej Agrovet stands out for its commitment to research and development. The company has achieved notable milestones, such as being one of the largest manufacturers of animal feed in India, reinforcing its market position. Through its focus on sustainability and quality, Godrej Agrovet continues to drive advancements in the agricultural industry, making a lasting impact on farmers and consumers alike.
How does Godrej Agrovet'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.
Mean score of companies in the Business 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.
Godrej Agrovet's score of 15 is lower than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Godrej Agrovet, headquartered in India, reported significant greenhouse gas emissions, totalling approximately 1,428,000 kg CO2e for Scope 1 and about 41,714,000 kg CO2e for Scope 2. Additionally, their Scope 3 emissions reached approximately 1,203,523,000 kg CO2e. This data reflects their ongoing commitment to transparency in emissions reporting. Godrej Agrovet has set ambitious climate targets, committing to reduce absolute Scope 1 and 2 greenhouse gas emissions by 37.5% by FY2035, using FY2020 as the baseline. Furthermore, they aim to achieve a 16% reduction in absolute Scope 3 emissions, which include emissions from purchased goods and services, upstream transportation and distribution, and downstream transportation and distribution, within the same timeframe. These targets align with the Science Based Targets initiative (SBTi) and are designed to contribute to global efforts to limit warming to well below 2°C. The company’s emissions intensity for Scope 1 and 2 was reported at 28.0 tonnes CO2e per unit of revenue in 2022, indicating a focus on improving efficiency alongside their reduction commitments. Godrej Agrovet's proactive approach to managing carbon emissions underscores its dedication to sustainability within the agricultural production sector.
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.
Godrej Agrovet is committed to some 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.