Pennar Industries Limited, a prominent player in the Indian manufacturing sector, is headquartered in Hyderabad, India. Established in 1975, the company has evolved into a leader in the production of precision-engineered products, primarily serving the automotive, construction, and railways industries. With a diverse portfolio that includes cold-rolled steel, pre-engineered buildings, and value-added services, Pennar Industries stands out for its commitment to innovation and quality. The company has achieved significant milestones, including the introduction of advanced manufacturing technologies and a robust supply chain network across major operational regions in India. Recognised for its market position, Pennar Industries Limited continues to drive growth through sustainable practices and customer-centric solutions, solidifying its reputation as a trusted partner in the industrial landscape.
How does Pennar Industries 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.
Mean score of companies in the Iron and Steel 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.
Pennar Industries Limited's score of 4 is lower than 83% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Pennar Industries Limited reported zero carbon emissions across both Scope 1 and Scope 2 categories, maintaining this status from 2022. This indicates that the company has effectively managed its direct and indirect emissions related to energy consumption. The total revenue for 2023 was approximately USD 352.5 million, reflecting a growth trajectory. Despite the absence of specific reduction targets or initiatives, Pennar Industries demonstrates a commitment to sustainability by maintaining low emissions levels. The company has not disclosed any Scope 3 emissions data, which typically includes indirect emissions from the supply chain and product use. Overall, Pennar Industries Limited's current emissions profile highlights its proactive approach to climate responsibility, although further transparency regarding future climate commitments and reduction strategies would enhance its sustainability narrative.
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.
Pennar Industries Limited is not committed to any reduction initiatives 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.