Paramount Communications Limited Sustainability Profile
Paramount Communications Limited, often referred to as Paramount Cables, is a leading player in the Indian telecommunications industry, headquartered in New Delhi. Established in 1994, the company has made significant strides in manufacturing a diverse range of high-quality cables and wires, catering to both domestic and international markets. With a strong focus on innovation, Paramount offers products such as optical fibre cables, power cables, and specialty wires, all designed to meet stringent industry standards. Their commitment to quality and customer satisfaction has positioned them as a trusted name in the sector. Over the years, Paramount has achieved notable milestones, including expanding its operational footprint across various regions in India and beyond. The company’s dedication to excellence and continuous improvement has solidified its reputation as a market leader in the cable manufacturing industry.
DitchCarbon Score
How does Paramount Communications 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 Other Non-Ferrous Metal 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
Paramount Communications Limited's score of 16 is lower 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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Paramount Communications Limited's reported carbon emissions
In 2024, Paramount Communications Limited reported total carbon emissions of approximately 453,930 kg CO2e for Scope 1 and 60,100 kg CO2e for Scope 2, amounting to a combined total of about 514,030 kg CO2e. This represents a significant reduction from 2023, where emissions were recorded at approximately 1,178,990 kg CO2e for Scope 1 and 11,398,660 kg CO2e for Scope 2, leading to a total of about 12,577,650 kg CO2e. The company has not disclosed any Scope 3 emissions data, indicating a focus on direct and indirect emissions from owned or controlled sources. Despite the absence of specific reduction targets or climate pledges, the substantial decrease in emissions from 2023 to 2024 highlights a commitment to improving their carbon footprint. Paramount Communications Limited's emissions data is not cascaded from any parent organization, ensuring that the reported figures are solely reflective of their operations. The company continues to monitor and report its emissions, aligning with industry standards for transparency and accountability in climate commitments.
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| 2023 | 2024 | |
|---|---|---|
| Scope 1 | 1,178,990 | 000,000 |
| Scope 2 | 11,398,660 | 00,000 |
| Scope 3 | - | - |
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Paramount Communications 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.
Paramount Communications 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.
