Raymond Limited, commonly known as Raymond, is a prominent player in the textile and apparel industry, headquartered in Thane, Maharashtra, India. Founded in 1925, the company has established itself as a leader in the production of high-quality fabrics, garments, and home textiles, catering to both domestic and international markets. With a diverse portfolio that includes suiting, shirting, and denim, Raymond is renowned for its innovative designs and superior craftsmanship. The brand's commitment to sustainability and ethical practices further distinguishes it in a competitive landscape. Over the decades, Raymond has achieved significant milestones, including the launch of its flagship retail stores and a strong presence in the premium clothing segment. As a market leader, Raymond continues to set benchmarks in quality and style, making it a trusted name among consumers and industry professionals alike.
How does Raymond'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 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.
Raymond's score of 37 is higher than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Raymond's total carbon emissions reached approximately 178,653,600 kg CO2e, with significant contributions from Scope 1, Scope 2, and Scope 3 emissions. Specifically, Scope 1 emissions accounted for about 111,440,860 kg CO2e, while Scope 2 emissions were approximately 75,214,230 kg CO2e. The most substantial portion came from Scope 3 emissions, totalling around 178,049,410 kg CO2e, which included 126,717,990 kg CO2e from waste generated in operations. In 2022, the company reported total emissions of about 118,914,000 kg CO2e for Scope 1 and 2 combined, with Scope 3 emissions at approximately 37,593,010 kg CO2e. The trend indicates a growing concern for emissions management, although specific reduction targets or commitments have not been disclosed. Raymond has not established any documented reduction targets or climate pledges as of the latest data. This lack of formal commitments may reflect the broader industry context, where many companies are still developing comprehensive strategies to address climate change.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|
Scope 1 | - | 00,000,000 | 000,000,000 | 000,000,000 |
Scope 2 | - | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | 11,613,870 | 00,000,000 | 000,000,000 | 000,000,000 |
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.
Raymond is not committed to any reduction initiatives 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.