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OrganisationsIndigo Paints
Indigo Paints logo

Indigo Paints

ChemicalsIndiaNSE: INDIGOPNTS.NS
Last verified 19 days agoindigopaints.com

Indigo Paints, a prominent player in the chemicals nec industry, is headquartered in India and has established a strong presence across various operational regions. Founded in 2000, the company has rapidly evolved, marking significant milestones in the decorative paints sector.

Specialising in a diverse range of products, Indigo Paints offers unique formulations that cater to both aesthetic and functional needs, including water-based paints, emulsions, and primers. Their commitment to innovation and quality has positioned them as a trusted brand among consumers and professionals alike.

With a focus on sustainability and advanced technology, Indigo Paints has garnered recognition for its eco-friendly solutions and has achieved notable market share, making it a key competitor in the Indian paint industry.

8
DitchCarbon score

-22 vs industry average

Indigo Paints’s score of 8 is lower than 15% of the industry. This can give you a sense of how well the company is doing compared to its peers.

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Industry Intensity

Very High

Chemicals is among the most carbon-intensive industries

Industry performance

0.523
20182025

The Chemicals industry has reduced its overall emissions by 19% since 2018

Emissions trajectory 2020 – 2026

00.0M00.0M00.0M00.0M0

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2020202120222023202420252026

Reported emissions

Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e

Scope 3 accounts for ••• of total emissions.

Indigo Paints's reported carbon emissions

Indigo Paints, headquartered in India and operating in the Chemicals nec industry, has established ambitious climate commitments. For the financial year 2024, specific absolute emissions data is not yet disclosed. However, for FY2023, the company reported total emissions of approximately 37.8 million kg CO2e, comprising 29,450 kg CO2e of Scope 1 emissions and 4.62 million kg CO2e of Scope 2 emissions. Scope 3 emissions for FY2023 were approximately 33.09 million kg CO2e.

In FY2022, Indigo Paints reported total emissions of approximately 31.1 million kg CO2e, with Scope 1 emissions at 38,130 kg CO2e and Scope 2 emissions at 4.52 million kg CO2e. Scope 3 emissions for that year were approximately 26.51 million kg CO2e. For FY2021, Scope 1 emissions were 37,960 kg CO2e and Scope 2 emissions were 4.07 million kg CO2e, with Scope 3 data not disclosed.

Indigo Paints has set significant targets aligned with a 1.5°C pathway, as verified by the Science Based Targets initiative (SBTi). The company commits to reducing absolute Scope 1 and Scope 2 greenhouse gas (GHG) emissions by 63.0% by FY2035, using FY2024 as the base year. Furthermore, Indigo Paints pledges to decrease absolute Scope 3 GHG emissions by 37.5% within the same timeframe. These targets are for the company's own operations and value chain, reflecting a comprehensive approach to climate mitigation.

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Indigo Paints’s Climate Goals (2030 & 2050)

3 goals

2035

63% reduction in Scope 1

Indigo Paints Limited commits to reduce absolute scope 1 GHG emissions 63.0% by FY2035 from a FY2024 base year.

Insufficient data63%

2035

63% reduction in Scope 2

Indigo Paints Limited commits to reduce absolute scope 2 GHG emissions 63.0% by FY2035 from a FY2024 base year.

Insufficient data63%

2035

37.5% reduction in scope 3 total

Indigo Paints Limited also commits to reduce absolute scope 3 GHG emissions 37.5% within the same timeframe.

Insufficient data37.5%

Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.

Scope 3 top emissions categories

No scope 3 category breakdown has been disclosed yet.

Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

FY2035 targetSee details
Active
CDP

Carbon Disclosure Project

See details
Not active
THE CLIMATE PLEDGE

The Climate Pledge

See details
Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

See details
Not active
RE 100

RE 100

See details
Not active
Climate Action 100+

Climate Action 100

See details
Not active

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
Indigo Paints logoIndigo Paints
INChemicals
19 days ago
8
Sherwin Williams logoSherwin Williams
USConstruction Material Reprocessing
5 days ago
64
View
PPG Industries, Inc. logoPPG Industries, Inc.
USPaint, Varnish, and Supplies Merchant Wholesalers
3 days ago
59
View
Masco logoMasco
USFurniture Manufacturing
5 days ago
35
View
Axalta Coating Systems logoAxalta Coating Systems
USOther Services
5 days ago
29
View
Pidilite Industries logoPidilite Industries
INFurniture Manufacturing
5 days ago
21
View
Rpm logoRpm
USFurniture Manufacturing
5 days ago
18
View

Frequently asked questions

Common questions about Indigo Paints’s sustainability data and climate commitments

Indigo Paints reported total carbon emissions of approximately 37.8 million kg CO₂e for FY2023. This includes around 29,450 kg CO₂e from Scope 1 emissions and approximately 4.62 million kg CO₂e from Scope 2 emissions. The vast majority, roughly 33.09 million kg CO₂e, comes from Scope 3 emissions. These figures highlight the company's significant carbon footprint, particularly from its value chain activities, which are critical for stakeholders assessing its environmental impact.

Data year: 2023

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