Reliance Jio Infocomm Limited, commonly known as Jio, is a leading telecommunications company headquartered in Mumbai, India. Founded in 2010, Jio revolutionised the Indian telecom landscape with its launch of 4G LTE services in 2016, rapidly gaining millions of subscribers and reshaping market dynamics. Operating primarily in India, Jio offers a range of services including mobile telephony, broadband, and digital services. Its unique proposition lies in providing high-speed internet at competitive prices, making connectivity accessible to a broader audience. Jio's innovative approach has positioned it as a market leader, achieving significant milestones such as becoming the largest mobile network operator in India within a short span. With a commitment to digital transformation, Jio continues to expand its offerings, including JioFiber and various digital applications, solidifying its status as a key player in the telecommunications industry.
How does Jio'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 Telecommunications 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.
Jio's score of 31 is higher than 78% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Reliance Jio Infocomm Limited, headquartered in India, has set ambitious climate commitments aimed at significantly reducing its greenhouse gas (GHG) emissions. Although specific emissions data for the most recent year is not available, the company has established clear targets for the future. Jio aims to reduce its absolute Scope 1 and Scope 2 GHG emissions by 76% by the fiscal year 2028, using the fiscal year 2020 as a baseline. Additionally, the company is committed to increasing its annual sourcing of renewable electricity from approximately 1.19% in FY2020 to 100% by FY2029, with a continued commitment to sourcing 100% renewable electricity through FY2030. In terms of Scope 3 emissions, which encompass emissions from purchased goods and services, capital goods, fuel and energy-related activities, and other indirect sources, Jio has set a target to reduce these emissions by 66.5% by FY2028, again using FY2020 as the baseline. These commitments align with industry standards for climate action, reflecting Jio's dedication to sustainability and its role in combating climate change within the telecommunications sector.
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.
Jio 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.