PI Industries Ltd

PI Industries Ltd's reported carbon emissions

PI Industries Ltd., headquartered in India and operating within the Chemicals nec industry, has disclosed Scope 1 and Scope 2 emissions for the financial year 2025, totalling approximately 150.3 billion kg CO2e (150,313,550 kg CO2e). This comprises Scope 1 emissions of about 37.2 billion kg CO2e (37,199,790 kg CO2e) and Scope 2 emissions of approximately 113.1 billion kg CO2e (113,143,760 kg CO2e). For the financial year 2024, the company reported combined Scope 1 and Scope 2 emissions of approximately 168.6 billion kg CO2e (168,572,890 kg CO2e), with Scope 1 at around 60.5 billion kg CO2e (60,471,790 kg CO2e) and Scope 2 at roughly 108.1 billion kg CO2e (108,101,100 kg CO2e). In financial year 2023, PI Industries Ltd. reported Scope 1 and Scope 2 emissions of about 172.7 billion kg CO2e (172,664,450 kg CO2e), with Scope 1 at approximately 65.9 billion kg CO2e (65,879,450 kg CO2e) and Scope 2 at around 106.8 billion kg CO2e (106,785,000 kg CO2e). Looking back to financial year 2022, the company's Scope 1 and Scope 2 emissions were approximately 171.4 billion kg CO2e (171,444,000 kg CO2e), consisting of 59.2 billion kg CO2e (59,247,000 kg CO2e) for Scope 1 and 112.2 billion kg CO2e (112,197,000 kg CO2e) for Scope 2. In financial year 2021, PI Industries Ltd. emitted approximately 144.9 billion kg CO2e (144,922,000 kg CO2e) across Scope 1 and Scope 2, with Scope 1 emissions at about 48.6 billion kg CO2e (48,576,000 kg CO2e) and Scope 2 at approximately 96.3 billion kg CO2e (96,346,000 kg CO2e). For financial year 2020, the company's Scope 1 and Scope 2 emissions were around 129.0 billion kg CO2e (129,013,000 kg CO2e), with Scope 1 at approximately 42.2 billion kg CO2e (42,220,000 kg CO2e) and Scope 2 at about 86.8 billion kg CO2e (86,793,000 kg CO2e). The earliest reported data for financial year 2018 shows total emissions of approximately 8.9 million kg CO2e (8,903,900 kg CO2e), comprising Scope 1 emissions of about 3.4 million kg CO2e (3,446,200 kg CO2e) and Scope 2 emissions of approximately 5.5 million kg CO2e (5,457,700 kg CO2e). PI Industries Ltd. has set ambitious climate commitments. The company aims to reduce its Scope 1 emissions to near zero by 2025, and similarly, aims to reduce its Scope 2 emissions to near zero by 2025. Between financial years 2017 and 2018, the company achieved a reduction in carbon emissions intensity from 1.604 MT/Tonne to 1.570 MT/Tonne for both Scope 1 and Scope 2 emissions, representing a 2.12% decrease. The company is committed to near-term targets for emissions reduction. Notably, PI Industries Ltd. has a near-term target status committed with the Science Based Targets initiative (SBTi), indicating a dedication to aligning its emissions reduction strategies with climate science. No Scope 3 emissions data has been disclosed for the reported years, with purchased goods and services identified as a missing data point.