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.
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.
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.
Rane Holdings Limited's score of 16 is lower than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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.
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.
Rane Holdings Limited 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.