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 58% 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 decrease from 2022, where emissions were approximately 91,072,000 kg CO2e for Scope 1 and 116,475,000 kg CO2e for Scope 2. The emissions intensity for 2023 was recorded at 88.4 kg CO2e per metric ton of iron pellets produced. Looking at the previous year, 2022, KIOCL's total emissions were significantly higher, indicating a positive trend towards reducing their carbon footprint. However, there are no specified reduction targets or climate pledges documented, which suggests that while emissions have decreased, KIOCL may not have formalised commitments to further reductions or specific climate initiatives. In 2024, KIOCL's emissions are projected to be approximately 98,743,000 kg CO2e for Scope 1 and about 75,632,000 kg CO2e for Scope 2, with an emissions intensity of 91.5 kg CO2e per metric ton of production. This indicates a potential increase in Scope 1 emissions, which could be a concern for their overall climate strategy. Overall, KIOCL's recent emissions data reflects a commitment to reducing carbon emissions, although the absence of formal reduction targets may limit the effectiveness of their climate commitments.
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Add to project| 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.
