Raymond Limited Sustainability Profile
Raymond Limited, a prominent player in the textile and apparel industry, is headquartered in Mumbai, India. Founded in 1925, the company has established itself as a leader in the production of high-quality fabrics, garments, and ready-to-wear clothing. With a strong presence across major operational regions in India and a growing international footprint, Raymond Limited is renowned for its innovative textile solutions and bespoke tailoring services. The company’s core offerings include premium woollen and cotton fabrics, as well as a diverse range of men’s and women’s apparel. Raymond Limited is distinguished by its commitment to quality and craftsmanship, which has earned it a loyal customer base. As a market leader, the company has achieved numerous accolades, solidifying its reputation as a trusted name in the fashion and textile sector.
DitchCarbon Score
How does Raymond 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 Textile 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
Raymond Limited's score of 14 is lower than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Raymond Limited's reported carbon emissions
In 2024, Raymond Limited reported total carbon emissions of approximately 178.7 million kg CO2e, comprising 109.4 million kg CO2e from Scope 1 and 69.3 million kg CO2e from Scope 2 emissions. This data reflects the company's operational impact on climate change, with no reported Scope 3 emissions. Comparatively, in 2023, the company recorded total emissions of about 186.7 million kg CO2e, with Scope 1 emissions at 111.4 million kg CO2e and Scope 2 emissions at 75.2 million kg CO2e. This indicates a slight reduction in total emissions year-on-year. Despite these figures, Raymond Limited has not set specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or commitments to frameworks such as the Science Based Targets initiative (SBTi). The company has not disclosed any climate pledges, suggesting a need for enhanced climate action strategies. Overall, while Raymond Limited has made progress in reducing its emissions, the lack of formal reduction commitments highlights an opportunity for the company to strengthen its climate strategy and align with industry standards for sustainability.
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| 2023 | 2024 | |
|---|---|---|
| Scope 1 | 111,440,860 | 000,000,000 |
| Scope 2 | 75,214,230 | 00,000,000 |
| Scope 3 | - | - |
How Carbon Intensive is Raymond Limited's Industry?
How Carbon Intensive is Raymond Limited's Location?
Raymond 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.
Raymond 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.
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