Godrej And Boyce
Godrej And Boyce Manufacturing Company Limited, commonly known as Godrej, is a prominent player in the Indian manufacturing sector, headquartered in Mumbai, India. Established in 1897, the company has evolved into a diversified conglomerate, operating across various industries including furniture, appliances, and security solutions. With a strong presence in both domestic and international markets, Godrej And Boyce is renowned for its innovative products, such as modular furniture and advanced home appliances, which combine functionality with aesthetic appeal. The company has achieved significant milestones, including numerous awards for sustainability and design excellence, solidifying its position as a market leader. Godrej's commitment to quality and customer satisfaction, along with its rich heritage, continues to drive its success in the competitive landscape of manufacturing and consumer goods.
DitchCarbon Score
How does Godrej And Boyce'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 Machinery and Equipment 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
Godrej And Boyce's score of 31 is higher than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Godrej And Boyce's reported carbon emissions
In 2023, Godrej And Boyce reported total carbon emissions of approximately 18201000 kg CO2e for Scope 1, 81664000 kg CO2e for Scope 2, and 99865000 kg CO2e for Scope 3, amounting to a total of about 199000000 kg CO2e. This reflects a commitment to reducing greenhouse gas emissions across all scopes, with a target to achieve net-zero emissions by 2035. The company aims to reduce its greenhouse gas emission intensity by 45% by the fiscal year 2025-2026, using a baseline from fiscal year 2011. This commitment underscores their proactive approach to climate change mitigation within the consumer durables sector. In previous years, emissions were also significant, with 20315000 kg CO2e (Scope 1), 76542000 kg CO2e (Scope 2), and 96857000 kg CO2e (Scope 3) reported in 2022, and 12826000 kg CO2e (Scope 1), 60975000 kg CO2e (Scope 2), and 73801000 kg CO2e (Scope 3) in 2021. Godrej And Boyce's climate strategy reflects a long-term vision for sustainability, aligning with industry standards and expectations for corporate responsibility in reducing carbon footprints.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 16,806,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 83,443,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 100,249,000 | 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.
Godrej And Boyce 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.
