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Rubber and Plastic Products
IN
updated 7 months ago

Minda Stoneridge Instruments Limited

Company website

Minda Stoneridge Instruments Limited, a prominent player in the automotive components industry, is headquartered in India and operates extensively across various regions. Founded in 2010, the company has established itself as a leader in the design and manufacturing of advanced instrument clusters and electronic systems for vehicles. Minda Stoneridge is renowned for its innovative products, which combine cutting-edge technology with user-friendly interfaces, setting them apart in a competitive market. The company has achieved significant milestones, including strategic partnerships and expansions that enhance its market position. With a commitment to quality and sustainability, Minda Stoneridge continues to drive advancements in automotive instrumentation, catering to the evolving needs of the automotive sector.

DitchCarbon Score

How does Minda Stoneridge Instruments 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.

17

Industry Average

Mean score of companies in the Rubber and Plastic Products 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.

17

Industry Benchmark

Minda Stoneridge Instruments Limited's score of 17 is lower than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.

37%

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Minda Stoneridge Instruments Limited's reported carbon emissions

Inherited from Minda Corporation Limited

Minda Stoneridge Instruments Limited, headquartered in India, currently does not report specific carbon emissions data for the most recent year, as no emissions figures are available. The company is a current subsidiary of Minda Corporation Limited, which cascades its climate commitments and performance data. Minda Corporation Limited, at the first cascade level, is responsible for setting the climate initiatives and targets for its subsidiaries, including Minda Stoneridge Instruments Limited. However, specific reduction targets or achievements have not been disclosed for Minda Stoneridge Instruments Limited, nor are there any documented climate pledges or SBTi targets at this level. As part of its corporate family, Minda Stoneridge Instruments Limited aligns with the broader sustainability goals of Minda Corporation Limited, which may include industry-standard climate initiatives. However, without specific emissions data or reduction targets, the company's individual climate commitments remain unclear.

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2023
Scope 1
18,243,850
Scope 2
39,577,210
Scope 3
9,619,500

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Minda Stoneridge Instruments Limited's primary industry is Rubber and plastic products (25), which is medium in terms of carbon intensity compared to other industries.

Location emissions intensity

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 Minda Stoneridge Instruments Limited is in IN, which has a very high grid carbon intensity relative to other regions.

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.

Minda Stoneridge Instruments Limited is not participating in any of the initiatives that 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.

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

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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