Good Luck Steel Tubes Sustainability Profile
Good Luck Steel Tubes, a prominent player in the steel manufacturing industry, is headquartered in India and operates extensively across various regions. Established in 1991, the company has made significant strides in producing high-quality steel tubes and pipes, catering to diverse sectors such as construction, infrastructure, and automotive. Renowned for its commitment to innovation, Good Luck Steel Tubes offers a wide range of products, including ERW (Electric Resistance Welded) tubes and hollow sections, distinguished by their durability and precision. The company has achieved notable market recognition, positioning itself as a trusted supplier in both domestic and international markets. With a focus on quality and customer satisfaction, Good Luck Steel Tubes continues to set benchmarks in the steel industry, reflecting its dedication to excellence and sustainable practices.
DitchCarbon Score
How does Good Luck Steel Tubes'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 Furniture Manufacturing 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
Good Luck Steel Tubes's score of 23 is lower than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Good Luck Steel Tubes's reported carbon emissions
In 2024, Good Luck Steel Tubes reported total carbon emissions of approximately 30,420,730 kg CO2e for Scope 1, 45,555,070 kg CO2e for Scope 2, and 2,185,230 kg CO2e for Scope 3. This reflects a slight increase in emissions compared to 2023, where emissions were about 23,694,130 kg CO2e for Scope 1, 44,775,650 kg CO2e for Scope 2, and 1,147,160 kg CO2e for Scope 3. The company has disclosed emissions data for all three scopes, indicating a comprehensive approach to carbon accounting. Notably, the total Scope 1 and Scope 2 emissions intensity was reported at 200.0 kg CO2e per tonne of revenue in 2024, compared to 220.0 kg CO2e per tonne of revenue in 2023, suggesting an improvement in emissions efficiency. Despite these figures, Good Luck Steel Tubes has not set specific reduction targets or climate pledges, nor do they appear to have cascaded data from a parent organisation. Their commitment to addressing climate change remains unclear, as no formal initiatives or targets have been documented. The company operates within a challenging industry context, where emissions reduction is critical for sustainability.
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| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 13,971,080 | 00,000,000 | 00,000,000 |
| Scope 2 | 46,585,340 | 00,000,000 | 00,000,000 |
| Scope 3 | - | 0,000,000 | 0,000,000 |
How Carbon Intensive is Good Luck Steel Tubes's Industry?
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Good Luck Steel Tubes's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Good Luck Steel Tubes has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
