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Furniture Manufacturing
IN
updated 9 days ago

Radico Khaitan

Company website

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.

DitchCarbon Score

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.

5

Industry Average

Mean score of companies in the Furniture Manufacturing 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.

25

Industry Benchmark

Radico Khaitan's score of 5 is lower than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.

3%

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Radico Khaitan's reported carbon emissions

In 2024, Radico Khaitan reported total Scope 1 emissions of approximately 91,820,000 kg CO2e. This marks a significant increase from 2023, where the company recorded about 12,200,000 kg CO2e in Scope 1 emissions. In 2022, the emissions were approximately 11,100,000 kg CO2e. The substantial rise in emissions from 2023 to 2024 indicates a notable shift in the company's carbon footprint. Radico Khaitan has not disclosed any Scope 2 or Scope 3 emissions data, nor have they set specific reduction targets or initiatives under the Science Based Targets initiative (SBTi). The company has not made any formal climate pledges or commitments to reduce emissions, which may reflect a broader industry context where many companies are still developing their climate strategies. The emissions data is not cascaded from any parent or related organization, indicating that Radico Khaitan is reporting independently. The company’s revenue for 2024 was approximately USD 494,310,035, which provides context for its emissions intensity, calculated at about 0.000142 kg CO2e per rupee of turnover adjusted for Purchasing Power Parity (PPP). Overall, while Radico Khaitan has made strides in reporting its emissions, the lack of reduction targets and comprehensive emissions data suggests there is room for improvement in their climate commitments.

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202220232024
Scope 1
11,100,000
00,000,000
00,000,000
Scope 2
-
-
-
Scope 3
-
-
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Radico Khaitan's primary industry is Furniture; other manufactured goods n.e.c. (36), which is low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Radico Khaitan is in IN, which has a very high grid carbon intensity relative to other regions.

Reduction initiatives & disclosure networks

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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

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