Havells Sustainability Profile
Havells India Limited, a prominent player in the electrical equipment industry, is headquartered in Noida, India. Founded in 1958, the company has established itself as a leader in various sectors, including electrical and power distribution, lighting, and home appliances. With a strong presence across India and international markets, Havells is renowned for its innovative products, such as circuit breakers, cables, and fans, which are designed to meet the highest safety and efficiency standards. Havells has achieved significant milestones, including the acquisition of established brands and a commitment to sustainable practices. The company’s focus on quality and customer satisfaction has earned it numerous accolades, solidifying its position as a trusted name in the industry. With a diverse portfolio and a dedication to technological advancement, Havells continues to shape the future of electrical solutions.
DitchCarbon Score
How does Havells'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 Retail Trade 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.
Industry Benchmark
Havells's score of 27 is lower than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Havells's reported carbon emissions
In 2023, Havells India Limited reported total carbon emissions of approximately 98,610,000 kg CO2e from Scope 1 and 83,684,000 kg CO2e from Scope 2, with an additional 1,028,000 kg CO2e from Scope 3 emissions. This brings their total emissions to about 183,322,000 kg CO2e. The company has demonstrated a commitment to sustainability, although specific reduction targets or initiatives have not been disclosed. Over the previous year, 2022, Havells recorded total emissions of approximately 85,990,000 kg CO2e from Scope 1 and 74,211,000 kg CO2e from Scope 2, alongside 853,000 kg CO2e from Scope 3, resulting in total emissions of about 161,054,000 kg CO2e. This indicates a significant increase in emissions in 2023 compared to 2022. Havells has not set specific Science-Based Targets Initiative (SBTi) reduction targets or other formal climate pledges, reflecting a broader industry context where many companies are increasingly pressured to establish clear climate commitments. The emissions data is not cascaded from any parent organization, indicating that Havells is independently reporting its carbon footprint. Overall, while Havells has made strides in transparency regarding its emissions, the absence of defined reduction targets suggests an area for potential improvement in its climate strategy.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 7,384,000 | 0,000,000 | 00,000,000 |
| Scope 2 | 68,082,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | 000,000 | 0,000,000 |
How Carbon Intensive is Havells's Industry?
How Carbon Intensive is Havells's Location?
Havells's Scope 3 Categories Breakdown
Havells's Scope 3 emissions, which increased by 21% last year and increased by approximately 21% since 2022, demonstrating supply chain emissions tracking. Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 1% of total emissions under the GHG Protocol, with "Use of Sold Products" being the largest emissions source at 70661% of Scope 3 emissions.
Top Scope 3 Categories
Havells'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.
Havells 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.
