Kansai Nerolac Paints

Kansai Nerolac Paints Limited reported Scope 1 emissions of approximately 8.75 million kg CO2e, Scope 2 emissions of about 41.72 million kg CO2e, and Scope 3 emissions of approximately 1.89 billion kg CO2e in 2024. For 2023, the company disclosed Scope 1 emissions of roughly 7.89 million kg CO2e, Scope 2 emissions of about 43.05 million kg CO2e, and Scope 3 emissions of approximately 1.87 billion kg CO2e.

Kansai Nerolac Paints Limited has set Science Based Targets initiative (SBTi) approved targets. The company commits to reducing absolute Scope 1 and 2 GHG emissions by 46.2% by FY2030 from a FY2019 base year. Additionally, they aim to reduce Scope 3 GHG emissions from purchased goods and services, fuel and energy-related activities, and upstream and downstream transportation & distribution by 55% per kilolitre of product sold by FY2030, also from a FY2019 base year. These targets are consistent with reductions required to limit global warming to 1.5°C.