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 26 is higher than 59% 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 99,865,000 kg CO2e, comprising 18,201,000 kg CO2e from Scope 1 and 81,664,000 kg CO2e from Scope 2 emissions. This marks a slight increase from 2022, when total emissions were about 96,857,000 kg CO2e, with Scope 1 emissions at 20,315,000 kg CO2e and Scope 2 emissions at 76,542,000 kg CO2e. Godrej And Boyce has set ambitious climate commitments, aiming to achieve net-zero emissions across their value chain by 2035. They also plan to reduce their greenhouse gas (GHG) emission intensity by 45% by the fiscal year 2025-2026, using a baseline from FY2011. These targets reflect their commitment to sustainability and align with industry standards for climate action. The company is a member of the Business Ambition for 1.5°C initiative, indicating their commitment to limiting global warming. However, as of now, they have not submitted specific near-term targets to the Science Based Targets initiative (SBTi), with a deadline for submission set for July 31, 2023. Overall, Godrej And Boyce's emissions data and climate commitments demonstrate a proactive approach to addressing climate change, although they face challenges in achieving their reduction targets in the coming years.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 20,315,000 | 00,000,000 |
| Scope 2 | 76,542,000 | 00,000,000 |
| Scope 3 | - | - |
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.
