Rane Holdings Limited Sustainability Profile
Rane Holdings Limited, a prominent player in the automotive components industry, is headquartered in India. Established in 1929, the company has evolved significantly, marking key milestones in its journey towards becoming a leader in the sector. Rane Holdings operates primarily in the automotive and engineering domains, focusing on manufacturing steering and suspension systems, as well as other critical components. With a commitment to innovation, Rane's core products are distinguished by their advanced technology and superior quality, catering to both domestic and international markets. The company has garnered a strong market position, recognised for its reliability and excellence in engineering. Rane Holdings continues to drive growth through strategic partnerships and a robust supply chain, solidifying its reputation as a trusted name in the automotive industry.
DitchCarbon Score
How does Rane Holdings 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 Motor Vehicle Retail Services 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
Rane Holdings Limited's score of 16 is lower than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Rane Holdings Limited's reported carbon emissions
In 2024, Rane Holdings Limited reported total carbon emissions of approximately 315,990 kg CO2e, comprising 51,210 kg CO2e from Scope 1 and 264,780 kg CO2e from Scope 2. This marks an increase from 2023, where emissions were about 266,620 kg CO2e, with Scope 1 emissions at 34,180 kg CO2e and Scope 2 emissions at 232,440 kg CO2e. Rane Holdings has not disclosed any Scope 3 emissions data, nor have they set specific reduction targets or commitments through initiatives such as the Science Based Targets initiative (SBTi). The company does not appear to have cascaded emissions data from a parent or related organization, indicating that their reported figures are independently sourced. Overall, Rane Holdings Limited's climate commitments and emissions data reflect a need for further transparency and action in addressing their carbon footprint.
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Rane Holdings 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.
Rane Holdings 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.
