Indigo Paints
Indigo Paints, officially known as Indigo Paints Pvt. Ltd., is a prominent player in the Indian decorative paints industry, headquartered in Pune, Maharashtra. Founded in 2000, the company has rapidly established itself as a key competitor, particularly in the southern and western regions of India. Specialising in a diverse range of products, including interior and exterior emulsions, enamels, and wood finishes, Indigo Paints is recognised for its innovative formulations and vibrant colour palettes. The brand's commitment to quality and sustainability sets it apart in a crowded market. With significant milestones such as its successful IPO in 2021, Indigo Paints has solidified its position as one of the fastest-growing paint companies in India, earning accolades for its customer-centric approach and cutting-edge technology in paint manufacturing.
DitchCarbon Score
How does Indigo Paints'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
Indigo Paints's score of 21 is lower than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Indigo Paints's reported carbon emissions
In 2024, Indigo Paints reported total carbon emissions of approximately 33,094,000 kg CO2e, with emissions distributed across all three scopes: 29,450 kg CO2e for Scope 1, 4,620,000 kg CO2e for Scope 2, and 33,094,000 kg CO2e for Scope 3. This represents a notable increase in emissions compared to 2023, where total emissions were about 26,507,000 kg CO2e, with Scope 1 at 38,130 kg CO2e and Scope 2 at 4,522,550 kg CO2e. Indigo Paints has committed to near-term emissions reduction targets, although specific numerical targets have not been disclosed. The company is actively working towards sustainability within the chemicals sector, reflecting a commitment to addressing climate change. However, it has not yet set a net-zero target. The emissions intensity per rupee of turnover for Scope 1 and Scope 2 in 2024 was approximately 0.0000371 kg CO2e, indicating a focus on improving efficiency alongside revenue growth. Overall, Indigo Paints is taking steps to manage its carbon footprint while navigating the challenges of emissions in the chemicals industry.
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| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 38,130 | 00,000 | 00,000 |
| Scope 2 | 4,522,550 | 0,000,000 | 0,000,000 |
| Scope 3 | 26,507,000 | 00,000,000 | 00,000,000 |
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.
Indigo Paints is participating in some 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.
