Lypsa Gems & Jewellery Limited Sustainability Profile
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.
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.
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.
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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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| 2021 | 2022 | |
|---|---|---|
| Scope 1 | 533,000,000 | 000,000 |
| Scope 2 | - | 000,000 |
| Scope 3 | - | - |
How Carbon Intensive is Lypsa Gems & Jewellery Limited's Industry?
How Carbon Intensive is Lypsa Gems & Jewellery Limited's Location?
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.
