Radico Khaitan Ltd., a prominent player in the Indian spirits industry, is headquartered in Rampur, Uttar Pradesh. Founded in 1943, the company has established itself as a leader in the production of premium alcoholic beverages, including whisky, rum, and vodka. With a strong presence in both domestic and international markets, Radico Khaitan has achieved significant milestones, such as the launch of its flagship brand, Rampur Indian Single Malt Whisky, which has garnered global acclaim. The company is renowned for its commitment to quality and innovation, utilising traditional distillation methods combined with modern techniques. Radico Khaitan's diverse portfolio includes well-known brands like Magic Moments Vodka and 8 PM Whisky, which have contributed to its robust market position. With a focus on sustainability and responsible drinking, Radico Khaitan continues to set benchmarks in the spirits industry, making it a noteworthy name in the global market.
How does Radico Khaitan'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.
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Radico Khaitan's score of 5 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Radico Khaitan reported carbon emissions of approximately 91,820,000 kg CO2e, all of which fall under Scope 1 emissions. This represents a significant increase compared to 2023, when the company emitted about 12,200,000 kg CO2e, and 2022, with emissions of around 11,100,000 kg CO2e. The revenue for 2024 was approximately USD 494,310,035, indicating a notable rise in emissions relative to revenue. Despite the increase in emissions, Radico Khaitan has not disclosed any specific reduction targets or initiatives aimed at mitigating their carbon footprint. The company has not reported on Scope 2 or Scope 3 emissions, nor have they made any climate pledges or commitments to reduce their overall emissions. As the industry increasingly focuses on sustainability, Radico Khaitan's lack of defined climate commitments may position them at a disadvantage compared to competitors actively pursuing emission reduction strategies.
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2022 | 2023 | 2024 | |
---|---|---|---|
Scope 1 | 11,100,000 | 00,000,000 | 00,000,000 |
Scope 2 | - | - | - |
Scope 3 | - | - | - |
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.
Radico Khaitan is not participating in any of the initiatives that 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.