Minda Stoneridge Instruments Limited Sustainability Profile
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.
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.
Industry Benchmark
Minda Stoneridge Instruments Limited's score of 12 is lower than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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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 |
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Minda Stoneridge Instruments Limited's Scope 3 Categories Breakdown
Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 14% of total emissions under the GHG Protocol, with "Purchased Goods and Services" representing nearly all of their reported Scope 3 footprint.
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Minda Stoneridge Instruments 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.
Minda Stoneridge Instruments 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.
