Radico Khaitan
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.
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.
Industry Benchmark
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.
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Radico Khaitan's reported carbon emissions
In 2023, Radico Khaitan reported carbon emissions of approximately 12,200,000 kg CO2e, representing their Scope 1 emissions. This figure reflects an increase from the previous year's emissions of about 11,100,000 kg CO2e in 2022. Looking ahead to 2024, the company anticipates a significant rise in emissions, projecting approximately 91,820,000 kg CO2e for Scope 1. Despite these figures, Radico Khaitan has not disclosed any specific reduction targets or initiatives aimed at mitigating their carbon footprint. The absence of climate pledges or commitments to the Science Based Targets initiative (SBTi) suggests that the company may still be in the early stages of formalising its climate strategy. As a leading player in the spirits industry, Radico Khaitan's emissions profile and climate commitments are critical for aligning with global sustainability goals. The company’s emissions intensity per rupee of turnover has been reported, indicating a focus on efficiency, but further transparency regarding their long-term climate strategy would be beneficial.
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| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 11,100,000 | 00,000,000 | 00,000,000 |
| Scope 2 | - | - | - |
| Scope 3 | - | - | - |
Industry emissions intensity
Location emissions intensity
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.
