Radico Khaitan Sustainability Profile
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 97% 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 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, and from 2022, which had approximately 11,100,000 kg CO2e. The revenue for 2024 was reported at about USD 494,310,035, while in 2023, it was approximately USD 382,706,431, indicating a potential correlation between revenue growth and emissions increase. Radico Khaitan has not disclosed any Scope 2 or Scope 3 emissions data, nor have they set specific reduction targets or climate pledges. The company’s emissions data is not cascaded from any parent organization, indicating that all reported figures are directly from Radico Khaitan Limited. The company has reported its emissions intensity, with a Scope 1 and 2 emission factor of about 0.000142 per rupee of turnover for 2024, reflecting their operational efficiency in relation to revenue. However, without specific reduction initiatives or targets, Radico Khaitan's climate commitments remain unclear.
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| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 11,100,000 | 00,000,000 | 00,000,000 |
| Scope 2 | - | - | - |
| Scope 3 | - | - | - |
How Carbon Intensive is Radico Khaitan's Industry?
How Carbon Intensive is Radico Khaitan's Location?
Radico Khaitan'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.
Radico Khaitan 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.
