Piaggio Vehicles Pvt. Ltd Sustainability Profile
Piaggio Vehicles Pvt. Ltd., a subsidiary of the renowned Piaggio Group, is headquartered in India and has established a significant presence in the two-wheeler and three-wheeler vehicle industry. Founded in 1999, the company has rapidly evolved, becoming a key player in the Indian automotive market, particularly in regions such as Maharashtra and Gujarat. Specialising in the manufacture of scooters, motorcycles, and commercial vehicles, Piaggio Vehicles is known for its innovative designs and commitment to sustainability. Their flagship products, including the iconic Vespa and the robust Ape, stand out for their unique blend of style, performance, and efficiency. With a strong market position, Piaggio Vehicles has garnered numerous accolades for its engineering excellence and customer satisfaction, solidifying its reputation as a leader in the mobility sector.
DitchCarbon Score
How does Piaggio Vehicles Pvt. Ltd'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 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
Piaggio Vehicles Pvt. Ltd's score of 30 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Piaggio Vehicles Pvt. Ltd, headquartered in India, currently does not have specific carbon emissions data available for the most recent year. The company is a current subsidiary of Piaggio & C. SpA, which may influence its climate commitments and emissions reporting. As of now, there are no documented reduction targets or climate pledges from Piaggio Vehicles Pvt. Ltd. However, emissions data and performance metrics may be inherited from its parent company, Piaggio & C. SpA, which operates at a cascade level of 1. This means that any climate initiatives or emissions reductions undertaken by Piaggio & C. SpA could potentially reflect on Piaggio Vehicles Pvt. Ltd's overall environmental strategy. In the absence of specific emissions figures, it is important to note that the automotive industry is increasingly focusing on sustainability and reducing carbon footprints. Companies are encouraged to adopt science-based targets and engage in initiatives such as the Carbon Disclosure Project (CDP) to enhance transparency and accountability in their climate actions. Overall, while Piaggio Vehicles Pvt. Ltd currently lacks specific emissions data and reduction commitments, its affiliation with Piaggio & C. SpA may provide a framework for future climate initiatives and performance improvements.
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| 2014 | 2015 | 2016 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 19,033,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 41,969,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - | - | - | - | 000,000 | 0,000,000,000 | 0,000,000,000 |
How Carbon Intensive is Piaggio Vehicles Pvt. Ltd's Industry?
How Carbon Intensive is Piaggio Vehicles Pvt. Ltd's Location?
Piaggio Vehicles Pvt. Ltd's Scope 3 Categories Breakdown
Piaggio Vehicles Pvt. Ltd's Scope 3 emissions, which decreased by 7% last year and increased significantly since 2022, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Use of Sold Products" being the largest emissions source at 86% of Scope 3 emissions.
Top Scope 3 Categories
Piaggio Vehicles Pvt. Ltd'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.
Piaggio Vehicles Pvt. Ltd 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.
