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.
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.
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.
I G Petrochemicals Limited Igpl's score of 12 is higher than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, I G Petrochemicals Limited (IGPL) reported significant carbon emissions, totalling approximately 109,707,000 kg CO2e for Scope 1, 1,009,000 kg CO2e for Scope 2, and 70,210,048 kg CO2e for Scope 3 emissions. This marked a notable reduction from 2022, where emissions were about 547,396,170 kg CO2e for Scope 1, 222,093,960 kg CO2e for Scope 2, and 67,633,548 kg CO2e for Scope 3. In 2024, IGPL's emissions are projected to be approximately 112,814,000 kg CO2e for Scope 1 and 1,224,000 kg CO2e for Scope 2, indicating a continued focus on reducing their carbon footprint. However, there are no specific reduction targets or climate pledges disclosed in their current initiatives. IGPL's emissions intensity metrics reveal that in 2023, the total Scope 1 and Scope 2 emission intensity was about 0.01034 kg CO2e per rupee of turnover, with a physical output intensity of approximately 540 kg CO2e per tonne. In 2024, these intensities are expected to rise slightly to 0.01199 kg CO2e per rupee and 580 kg CO2e per tonne, respectively. Overall, while IGPL has made strides in reducing its emissions, the absence of formal reduction targets suggests an opportunity for further commitment to climate action.
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Add to project2022 | 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 | 00,000,000 | - |
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 committed to any reduction initiatives 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.