Grasim Industries
Grasim Industries Limited, a flagship company of the Aditya Birla Group, is headquartered in India and operates extensively across various regions, including South Asia and beyond. Founded in 1947, Grasim has established itself as a leader in the diversified sectors of textiles, chemicals, and cement, showcasing a commitment to innovation and sustainability. The company is renowned for its production of viscose staple fibre, a key raw material in the textile industry, as well as its significant contributions to the cement sector through UltraTech Cement. Grasim's unique approach to integrating advanced technology and sustainable practices has positioned it as a formidable player in the market. With numerous accolades and a strong market presence, Grasim Industries continues to drive growth and excellence in its core business areas.
DitchCarbon Score
How does Grasim 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 Cement Production 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
Grasim Industries's score of 33 is higher than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Grasim Industries's reported carbon emissions
In 2023, Grasim Industries reported total carbon emissions of approximately 11,350,000,000 kg CO2e, comprising 5,310,000,000 kg CO2e from Scope 1, 1,190,000,000 kg CO2e from Scope 2, and 4,850,000,000 kg CO2e from Scope 3 emissions. This reflects a commitment to reducing greenhouse gas emissions across all scopes, with a notable target set by their Chemical Business to achieve a 30% reduction in Scope 1 and Scope 2 emissions by FY 2029-30, using FY 2016-17 as a baseline. Additionally, they aim to source 25% of their electricity from renewable sources by FY 2024-25. Grasim's Vision and Sustainability Framework includes a long-term commitment from their Viscose Staple Fibre (VSF) business to achieve Net Zero carbon emissions across all operations by FY 2040. This ambitious target underscores their dedication to addressing climate change and enhancing sustainability within their operations.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 55,190,680,000 | 00,000,000,000 | 00,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 3,126,400,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
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.
Grasim 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.
