Precision Wires India Limited Sustainability Profile
Precision Wires India Limited, a leading manufacturer in the wire and cable industry, is headquartered in India and operates across various regions, including Asia and Europe. Established in 1990, the company has achieved significant milestones, positioning itself as a trusted name in the production of high-quality enameled copper wires, winding wires, and other specialty wires. With a commitment to innovation and quality, Precision Wires India Limited offers a diverse range of products that cater to sectors such as electrical, automotive, and telecommunications. Their unique manufacturing processes and adherence to international standards set them apart in a competitive market. Recognised for their excellence, the company has garnered numerous accolades, solidifying its reputation as a key player in the global wire manufacturing landscape.
DitchCarbon Score
How does Precision Wires India 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
Precision Wires India Limited's score of 0 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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Precision Wires India Limited's reported carbon emissions
In 2024, Precision Wires India Limited reported Scope 1 emissions of approximately 324,860 kg CO2e and Scope 2 emissions of about 46,945,750 kg CO2e. This indicates a significant reliance on indirect emissions from energy consumption, as no Scope 3 emissions data has been disclosed. The company's revenue for the same year was approximately USD 396,272,994, with a Scope 1 and 2 emissions intensity of about 0.118 kg CO2e per rupee of turnover. In 2023, the company recorded Scope 1 emissions of around 405,620 kg CO2e and Scope 2 emissions of approximately 46,717,160 kg CO2e, with a similar revenue figure of about USD 369,404,454. The emissions intensity for this year was about 0.126 kg CO2e per rupee of turnover. Despite these figures, Precision Wires India Limited has not set any specific reduction targets or climate pledges, indicating a potential area for improvement in their climate strategy. The absence of cascading data from a parent organization suggests that the company is independently managing its emissions reporting and climate commitments.
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| 2023 | 2024 | |
|---|---|---|
| Scope 1 | - | - |
| Scope 2 | 46,717,160 | 00,000,000 |
| Scope 3 | - | - |
How Carbon Intensive is Precision Wires India Limited's Industry?
How Carbon Intensive is Precision Wires India Limited's Location?
Precision Wires India 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.
Precision Wires India 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.
