Indigo Paints Sustainability Profile
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 8 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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Indigo Paints's reported carbon emissions
In 2024, Indigo Paints reported total carbon emissions of approximately 33,094,000 kg CO2e for Scope 3, 4,620,000 kg CO2e for Scope 2, and 29,450 kg CO2e for Scope 1. This data reflects a comprehensive assessment of their emissions across all relevant scopes, indicating a significant reliance on upstream activities, as evidenced by the high Scope 3 emissions. For the previous year, 2023, the emissions were similar, with Scope 3 emissions at about 33,094,000 kg CO2e, Scope 2 at approximately 4,622,550 kg CO2e, and Scope 1 at around 38,130 kg CO2e. The total Scope 1 and 2 emissions combined were approximately 4,561,000 kg CO2e. Indigo Paints has committed to near-term climate targets, although specific reduction targets have not been disclosed. They are not currently committed to a net-zero target. The company is classified under the chemicals sector and is actively working towards improving its emissions intensity, with reported emissions intensity of about 22.0 kg CO2e per kilolitre of electricity in 2024. Overall, Indigo Paints is taking steps to address its carbon footprint, focusing on transparency and accountability in its emissions reporting, while continuing to explore avenues for emissions reduction in line with industry standards.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 37,960 | 00,000 | 00,000 |
| Scope 2 | 4,066,550 | 0,000,000 | 0,000,000 |
| Scope 3 | - | 00,000,000 | 00,000,000 |
How Carbon Intensive is Indigo Paints's Industry?
How Carbon Intensive is Indigo Paints's Location?
Indigo Paints'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.
Indigo Paints has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
Sherwin Williams
Frequently Asked Questions
Common questions about Indigo Paints's sustainability data and climate commitments