Ifb Industries Sustainability Profile
Ifb Industries Limited, commonly known as IFB, is a prominent player in the home appliances and kitchen solutions sector, headquartered in India. Established in 1974, the company has carved a niche in manufacturing high-quality products, including washing machines, dishwashers, and kitchen hobs, catering to the evolving needs of modern households. With a strong presence across major operational regions in India, IFB is renowned for its innovative technology and commitment to sustainability. The brand has achieved significant milestones, including the introduction of advanced features in its appliances that enhance user convenience and energy efficiency. Recognised for its market leadership, IFB Industries continues to set benchmarks in the industry, making it a trusted choice for consumers seeking reliable and stylish home solutions.
DitchCarbon Score
How does Ifb 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 Other 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
Ifb Industries's score of 15 is lower than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Ifb Industries's reported carbon emissions
In 2024, IFB Industries reported total greenhouse gas emissions of approximately 30,480,640 kg CO2e, comprising 7,663,280 kg CO2e from Scope 1 and 22,817,360 kg CO2e from Scope 2 emissions. This marks a significant increase from 2023, where the company disclosed 20,551,780 kg CO2e solely from Scope 2 emissions. In 2022, the total emissions were about 8,458,100 kg CO2e, with 1,754,520 kg CO2e from Scope 1 and 6,704,340 kg CO2e from Scope 2. Despite these figures, IFB Industries has not set specific reduction targets or climate pledges, indicating a lack of formal commitments to reduce emissions. The company has not disclosed any Scope 3 emissions data, which typically includes indirect emissions from the supply chain and product use. The emissions intensity per rupee of turnover has remained relatively stable, with values of 0.000617 in 2024 and 0.000619 in 2023, reflecting the company's operational efficiency in relation to its revenue. Overall, while IFB Industries has made strides in reporting its emissions, the absence of reduction targets suggests an opportunity for enhanced climate action and commitment to sustainability.
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| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 1,754,520 | - | 0,000,000 |
| Scope 2 | 6,704,340 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - |
How Carbon Intensive is Ifb Industries's Industry?
How Carbon Intensive is Ifb Industries's Location?
Ifb Industries'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.
Ifb Industries 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.
