Hitech Corporation Limited Sustainability Profile
Hitech Corporation Limited, often referred to as Hitech Group, is a prominent player in the technology sector, headquartered in India. Established in 1985, the company has made significant strides in various operational regions, including Asia and Europe, solidifying its presence in the global market. Specialising in advanced engineering solutions, Hitech Corporation focuses on manufacturing high-quality electronic components and systems. Its core products, which include precision instruments and automation solutions, are distinguished by their innovative design and reliability, catering to diverse industries such as telecommunications and automotive. With a commitment to excellence, Hitech Corporation has achieved notable milestones, positioning itself as a leader in the technology landscape. The company’s dedication to research and development ensures it remains at the forefront of industry advancements, continually enhancing its market reputation.
DitchCarbon Score
How does Hitech Corporation Limited'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 Plastic Reprocessing 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
Hitech Corporation Limited's score of 0 is lower than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Hitech Corporation Limited, headquartered in India, currently does not have specific carbon emissions data available for the most recent year. As a current subsidiary, it inherits its climate commitments and emissions data from its parent organisation, which is not specified in the provided information. The company has not outlined any specific reduction targets or initiatives, nor does it appear to have made any formal climate pledges. This lack of publicly available data suggests that Hitech Corporation Limited may still be in the early stages of developing its climate strategy or reporting framework. In the context of the industry, many companies are increasingly adopting Science-Based Targets Initiative (SBTi) standards and committing to significant reductions in greenhouse gas emissions across all scopes. However, without specific data or commitments from Hitech Corporation Limited, it is challenging to assess its position relative to these industry standards. Overall, the absence of emissions data and reduction initiatives indicates a potential area for growth in Hitech Corporation Limited's environmental strategy.
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| 2021 | |
|---|---|
| Scope 1 | 36,863,000,000 |
| Scope 2 | 330,000,000 |
| Scope 3 | 28,952,000,000 |
How Carbon Intensive is Hitech Corporation Limited's Industry?
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Hitech Corporation Limited's Scope 3 Categories Breakdown
A significant portion of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 44% of total emissions under the GHG Protocol, with "Waste Generated in Operations" being the primary emissions source at 1% of Scope 3 emissions.
Top Scope 3 Categories
Hitech Corporation Limited'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.
Hitech Corporation Limited 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.
