KIOCL
KIOCL Limited, formerly known as Kudremukh Iron Ore Company Limited, is a prominent player in the iron ore and pelletisation industry, headquartered in Bengaluru, India. Established in 1976, KIOCL has made significant strides in the mining and processing of iron ore, primarily operating in the Kudremukh region and extending its reach across various parts of India. The company is renowned for its high-quality iron ore pellets, which are produced using advanced technology, ensuring superior performance in steel manufacturing. KIOCL's commitment to sustainable practices and innovation has positioned it as a leader in the sector, contributing to India's steel production capabilities. With a legacy of excellence and a focus on environmental stewardship, KIOCL continues to achieve notable milestones in the mining industry.
DitchCarbon Score
How does KIOCL'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 Salt and Mineral Mining 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
KIOCL's score of 14 is higher than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.
KIOCL's reported carbon emissions
In 2023, KIOCL reported total carbon emissions of approximately 58,729,000 kg CO2e for Scope 1 and about 74,769,000 kg CO2e for Scope 2. This represents a total of approximately 133,498,000 kg CO2e. The company has shown a commitment to reducing its carbon footprint, with emissions intensity for Scope 1 and Scope 2 at about 88.4 kg CO2e per metric ton of iron pellets produced in 2023. Looking ahead to 2024, KIOCL anticipates an increase in emissions, with projected Scope 1 emissions of approximately 98,743,000 kg CO2e and Scope 2 emissions of about 75,632,000 kg CO2e, leading to a total of around 174,375,000 kg CO2e. The emissions intensity is expected to rise to approximately 91.5 kg CO2e per metric ton of production. Despite these figures, KIOCL has not disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The company continues to operate within the iron and steel industry, which is known for its significant carbon emissions, highlighting the importance of ongoing efforts to address climate change.
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| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 91,072,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 116,475,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - |
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.
KIOCL is not committed to any reduction initiatives 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.
