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Public Profile
Precious Metal Production
IN
updated a month ago

Lypsa Gems & Jewellery Limited Sustainability Profile

Company website

Lypsa Gems & Jewellery Limited, headquartered in India, is a prominent player in the gemstones and jewellery industry. Established in 1995, the company has carved a niche in the market with its exquisite range of diamonds, coloured gemstones, and bespoke jewellery designs. With a strong operational presence across major regions in India, Lypsa is renowned for its commitment to quality and craftsmanship. The company offers a diverse portfolio of products, including loose gemstones and finished jewellery, distinguished by their unique designs and ethical sourcing practices. Lypsa Gems & Jewellery Limited has achieved significant milestones, positioning itself as a trusted name in the industry, celebrated for its innovation and customer-centric approach. With a focus on sustainability and excellence, Lypsa continues to set benchmarks in the world of fine jewellery.

DitchCarbon Score

How does Lypsa Gems & Jewellery Limited'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.

6

Industry Average

Mean score of companies in the Precious Metal Production 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.

15

Industry Benchmark

Lypsa Gems & Jewellery Limited's score of 6 is lower than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.

19%

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Lypsa Gems & Jewellery Limited's reported carbon emissions

In 2022, Lypsa Gems & Jewellery Limited reported total carbon emissions of approximately 686,600 kg CO2e, comprising 404,000 kg CO2e from Scope 1 and 282,600 kg CO2e from Scope 2 emissions. This data reflects the company's operational impact on climate change, with no reported Scope 3 emissions. Comparatively, in 2021, the company had significantly higher Scope 1 emissions at 533,000,000 kg CO2e, indicating a substantial reduction in emissions in the following year. However, there are currently no specific reduction targets or climate pledges documented, suggesting that while emissions have decreased, formal commitments to further reductions have not been established. Lypsa Gems & Jewellery Limited does not inherit emissions data from any parent or related organizations, indicating that all reported figures are independently sourced. The company is positioned within the jewellery industry, which is increasingly scrutinised for its environmental impact, highlighting the importance of ongoing climate commitments and transparency in emissions reporting.

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20212022
Scope 1
533,000,000
000,000
Scope 2
-
000,000
Scope 3
-
-

How Carbon Intensive is Lypsa Gems & Jewellery Limited's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Lypsa Gems & Jewellery Limited's primary industry is Precious metals, which is medium in terms of carbon intensity compared to other industries.

How Carbon Intensive is Lypsa Gems & Jewellery Limited's Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Lypsa Gems & Jewellery Limited is in IN, which has a very high grid carbon intensity relative to other regions.

Lypsa Gems & Jewellery Limited'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.

Lypsa Gems & Jewellery Limited has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare Lypsa Gems & Jewellery Limited's Emissions with Industry Peers

Goldiam International Limited

IN
•
Precious metals
Updated 2 months ago

Titan Company Limited

IN
•
Medical, precision and optical instruments, watches and clocks (33)
Updated 15 days ago

Chow Tai Fook Jewellery Group Limited

HK
•
Precious metals
Updated 11 days ago

Kalyan Jewellers India

IN
•
Retail trade services, except of motor vehicles and motorcycles; repair services of personal and household goods (52)
Updated about 1 month ago

Compagnie Financiere Richemont

CH
•
Other services (93)
Updated 9 days ago

Rajesh Exports

IN
•
Fabricated metal products, except machinery and equipment (28)
Updated about 2 months ago

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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