The Madras Chamber of Commerce and Industry, commonly referred to as the Madras Chamber, is a prominent business organisation headquartered in Chennai, India. Established in 1836, it has played a pivotal role in fostering trade and commerce in the region, serving as a vital link between businesses and government entities. Operating primarily in Tamil Nadu, the Chamber focuses on various sectors, including manufacturing, services, and trade. Its core offerings include advocacy, networking opportunities, and business support services, which are designed to enhance the competitiveness of its members. With a rich history and a commitment to promoting economic growth, the Madras Chamber has established itself as a leading voice in the Indian business landscape, contributing significantly to policy formulation and industry development. Its notable achievements include hosting influential trade events and facilitating international collaborations, solidifying its market position as a key player in the region's economic development.
How does Madras Chamber'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.
Mean score of companies in the Other Services 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.
Madras Chamber's score of 12 is higher than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, the Madras Chamber reported carbon emissions of approximately 2,642,600 kg CO2e for Scope 1 and about 6,466,800 kg CO2e for Scope 2. The following year, 2024, saw a significant increase in Scope 2 emissions, reaching approximately 22,375,530 kg CO2e, while Scope 1 emissions decreased to about 571,190 kg CO2e. In 2022, the Chamber's total emissions included approximately 21,225,840 kg CO2e from Scope 1, about 269,866,810 kg CO2e from Scope 2, and approximately 59,821,860 kg CO2e from Scope 3 emissions. Notably, the Scope 3 emissions breakdown included significant contributions from purchased goods and services (approximately 36,052,890 kg CO2e) and fuel and energy-related activities (about 17,564,000 kg CO2e). Despite these figures, the Madras Chamber has not disclosed specific reduction targets or initiatives, indicating a potential area for future commitment. The absence of formal climate pledges or science-based targets suggests that while emissions data is available, a structured approach to reduction may still be in development.
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Add to project2022 | 2023 | 2024 | |
---|---|---|---|
Scope 1 | 21,225,840 | 0,000,000 | 000,000 |
Scope 2 | 269,866,810 | 0,000,000 | 00,000,000 |
Scope 3 | 59,821,860 | - | - |
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.
Madras Chamber 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.