Polygenta Sustainability Profile
Polygenta, a leading player in the textile and recycling industry, is headquartered in India and operates across major regions including Europe and North America. Founded in 2018, the company has quickly established itself as a pioneer in sustainable textile solutions, focusing on the innovative recycling of polyester waste into high-quality yarns. Polygenta's core offerings include its unique Recycled Polyester Yarn, which stands out for its eco-friendly production process and superior quality. The company has achieved significant milestones, including partnerships with global brands committed to sustainability. With a strong market position, Polygenta is recognised for its commitment to reducing environmental impact while delivering exceptional products that meet the evolving needs of the textile industry.
DitchCarbon Score
How does Polygenta'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 Chemicals 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
Polygenta's score of 20 is lower than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Polygenta Technologies Limited, headquartered in India, has set ambitious climate commitments to address its carbon emissions. Although specific emissions data for the most recent year is not available, the company has established significant reduction targets. Polygenta is committed to reducing its absolute Scope 1 and Scope 2 greenhouse gas (GHG) emissions by 50% by the year 2030, using 2018 as the baseline year. This target has been validated through the Science Based Targets initiative (SBTi) and is aligned with the necessary reductions to limit global warming to 1.5°C. Additionally, Polygenta aims to measure and reduce its Scope 3 emissions, which encompass indirect emissions from its value chain. This commitment reflects a proactive approach to sustainability, particularly for a small to medium-sized enterprise (SME) in the chemicals sector. It is important to note that Polygenta's climate targets are cascaded from its parent company, Revalyu Recycling (India) Limited, which shares the same reduction goals and timelines. This corporate relationship underscores a unified strategy towards achieving significant GHG reductions across their operations.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 20,488,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 40,897,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - | 00,000,000,000 |
How Carbon Intensive is Polygenta's Industry?
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Polygenta'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.
Polygenta has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
