I G Petrochemicals Limited Igpl
I G Petrochemicals Limited (IGPL), headquartered in India, is a prominent player in the petrochemical industry, specialising in the production of high-quality petrochemical products. Founded in 1988, the company has established a strong presence in key operational regions across India, focusing on the manufacture of various grades of polyester and other petrochemical derivatives. IGPL is renowned for its commitment to innovation and sustainability, offering a diverse range of products that cater to multiple sectors, including textiles, packaging, and automotive. The company’s unique approach to production and quality control has positioned it as a leader in the market, achieving significant milestones in operational efficiency and environmental responsibility. With a robust market position, I G Petrochemicals Limited continues to drive growth and set industry standards in the petrochemical landscape.
DitchCarbon Score
How does I G Petrochemicals Limited Igpl'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 Chemicals 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
I G Petrochemicals Limited Igpl's score of 16 is lower than 76% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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I G Petrochemicals Limited Igpl's reported carbon emissions
In 2024, I G Petrochemicals Limited (IGPL) reported total carbon emissions of approximately 113,836,000 kg CO2e from Scope 1 and 1,224,000 kg CO2e from Scope 2. This represents a slight increase in Scope 1 emissions compared to 2023, where emissions were about 109,707,000 kg CO2e from Scope 1 and 1,009,000 kg CO2e from Scope 2. In 2022, IGPL's emissions were significantly higher, with Scope 1 emissions at approximately 547,396,170 kg CO2e, Scope 2 at 222,093,960 kg CO2e, and Scope 3 emissions at 67,633,548 kg CO2e. This indicates a trend of reducing emissions over the years, particularly in Scope 1 and 2. Despite these figures, IGPL has not disclosed any specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The company has not provided data on Scope 3 emissions for 2024 and 2023, which limits the understanding of its overall carbon footprint. IGPL's emissions intensity per rupee of turnover has shown improvement, with a reported intensity of 0.000054 kg CO2e per INR in 2024, compared to 0.000047 kg CO2e per INR in 2023. The emissions intensity in terms of physical output was approximately 580 kg CO2e per tonne in 2024, up from 540 kg CO2e per tonne in 2023. Overall, while IGPL has made strides in emissions reporting and intensity reduction, the absence of specific reduction targets and commitments highlights an area for potential improvement in their climate strategy.
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| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 547,396,170 | 000,000,000 | 000,000,000 |
| Scope 2 | 222,093,960 | 0,000,000 | 0,000,000 |
| Scope 3 | 67,633,548 | - | - |
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.
I G Petrochemicals Limited Igpl 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.
