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Public Profile
Business Services
IN
updated 2 months ago

Monte Carlo Fashions Limited

Company website

Monte Carlo Fashions Limited, a prominent player in the Indian textile and apparel industry, is headquartered in Ludhiana, Punjab. Established in 1984, the company has carved a niche in the production of high-quality knitwear and casual wear, catering to a diverse clientele across India and international markets. Renowned for its innovative designs and commitment to quality, Monte Carlo offers a wide range of products, including sweaters, T-shirts, and jackets, distinguished by their durability and style. The brand has achieved significant recognition, positioning itself as a leader in the fashion segment, with a strong retail presence and a loyal customer base. With a focus on sustainability and modern fashion trends, Monte Carlo Fashions Limited continues to set benchmarks in the industry.

DitchCarbon Score

How does Monte Carlo Fashions 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.

29

Industry Average

Mean score of companies in the Business 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.

26

Industry Benchmark

Monte Carlo Fashions Limited's score of 29 is higher than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.

56%

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Monte Carlo Fashions Limited's reported carbon emissions

In 2024, Monte Carlo Fashions Limited reported total carbon emissions of approximately 4,779,400 kg CO2e, comprising 183,100 kg CO2e from Scope 1 and 4,396,300 kg CO2e from Scope 2 (market-based). This represents a 9% reduction in Scope 1 emissions compared to 2023, equating to a decrease of about 18.6 tonnes CO2e, attributed to reduced fossil fuel consumption in leased company vehicles. For 2023, the company’s emissions were approximately 4,582,900 kg CO2e, with Scope 1 emissions at 201,700 kg CO2e and Scope 2 emissions (market-based) at 3,602,200 kg CO2e. In 2022, emissions were higher, totalling around 4,617,400 kg CO2e, with Scope 1 at 265,000 kg CO2e and Scope 2 (market-based) at 3,525,100 kg CO2e. Monte Carlo Fashions Limited has not disclosed any Scope 3 emissions data. The company is committed to ongoing emissions reductions, particularly in Scope 1, and is actively monitoring its fossil fuel consumption to achieve further reductions in the near term.

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202220232024
Scope 1
265,000
000,000
000,000
Scope 2
3,525,100
0,000,000
0,000,000
Scope 3
-
-
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Monte Carlo Fashions Limited's primary industry is Other business services (74), which is very low 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 Monte Carlo Fashions 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.

Monte Carlo Fashions 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

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