Modern Jewels Private Limited Sustainability Profile
Modern Jewels Private Limited, headquartered in India, is a distinguished player in the jewellery industry, specialising in the design and manufacture of exquisite diamond and gemstone jewellery. Founded in [year], the company has established a strong presence in major operational regions across India and beyond, catering to a diverse clientele. With a commitment to craftsmanship and innovation, Modern Jewels offers a unique range of products, including bespoke engagement rings, elegant necklaces, and statement earrings, all crafted with precision and care. The company is recognised for its ethical sourcing practices and high-quality materials, setting it apart in a competitive market. Over the years, Modern Jewels has achieved notable milestones, solidifying its position as a trusted name in luxury jewellery. Its dedication to customer satisfaction and design excellence continues to drive its success in the ever-evolving jewellery landscape.
DitchCarbon Score
How does Modern Jewels Private 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
Modern Jewels Private Limited's score of 27 is higher than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Modern Jewels Private Limited's reported carbon emissions
In 2024, Modern Jewels Private Limited reported total carbon emissions of approximately 570,800 kg CO2e, all of which fall under Scope 1 emissions. The previous year, 2023, saw emissions of about 404,410 kg CO2e from Scope 1, alongside 2,270 kg CO2e from Scope 2, and 290,120 kg CO2e from Scope 3, which includes significant contributions from employee commuting and business travel. In 2022, the company’s emissions were higher, with approximately 941,150 kg CO2e from Scope 1, 368,780 kg CO2e from Scope 2, and 410,170 kg CO2e from Scope 3. Despite these figures, Modern Jewels Private Limited has not set specific reduction targets or initiatives, nor do they participate in recognised climate pledges such as the Science Based Targets initiative (SBTi). The absence of documented reduction strategies indicates a need for enhanced climate commitments within the organisation. The emissions data is not cascaded from any parent company, reflecting the company's independent reporting.
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| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 941,150 | 000,000 | 000,000 |
| Scope 2 | 368,780 | 0,000 | - |
| Scope 3 | 558,190 | 000,000 | - |
How Carbon Intensive is Modern Jewels Private Limited's Industry?
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Modern Jewels Private Limited's Scope 3 Categories Breakdown
Modern Jewels Private Limited's Scope 3 emissions, which decreased by 34% last year and decreased by approximately 34% since 2022, demonstrating supply chain emissions tracking. A significant portion of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 47% of total emissions under the GHG Protocol, with "Employee Commuting" being the largest emissions source at 79% of Scope 3 emissions.
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Modern Jewels Private 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.
Modern Jewels Private 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.
