Refex group Sustainability Profile
Refex Group, headquartered in India, is a prominent player in the energy and industrial sectors, specialising in a diverse range of services including renewable energy solutions, gas distribution, and manufacturing. Established in 2009, the company has achieved significant milestones, positioning itself as a leader in sustainable energy initiatives across major operational regions in India. Refex Group is renowned for its innovative approach to energy efficiency and environmental sustainability, offering unique products such as solar power systems and energy management solutions. With a commitment to quality and customer satisfaction, the company has garnered a strong market presence and recognition for its contributions to the green energy landscape. As it continues to expand its footprint, Refex Group remains dedicated to driving progress in the energy sector while fostering a sustainable future.
DitchCarbon Score
How does Refex group'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 Electricity from Other Sources 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
Refex group's score of 13 is lower than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Refex group's reported carbon emissions
In 2024, Refex Group reported total carbon emissions of approximately 3,324,000 kg CO2e, comprising 2,880,000 kg CO2e from Scope 1, 287,490 kg CO2e from Scope 2, and 30,090 kg CO2e from Scope 3 emissions, specifically from purchased goods and services. This marks a significant increase from 2023, when the total emissions were about 1,817,440 kg CO2e, with Scope 1 emissions at 1,719,000 kg CO2e, Scope 2 at 124,800 kg CO2e, and Scope 3 at 28,440 kg CO2e. Despite the increase in emissions, Refex Group has not publicly disclosed any specific reduction targets or initiatives as part of their climate commitments. The company has not cascaded any emissions data from a parent or related organization, indicating that all reported figures are derived from their own operations. Refex Group's emissions data reflects their ongoing commitment to transparency in environmental reporting, although further details on reduction strategies or climate pledges are currently unavailable.
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| 2023 | 2024 | |
|---|---|---|
| Scope 1 | 1,719,000 | 0,000,000 |
| Scope 2 | 124,800 | 000,000 |
| Scope 3 | 28,440 | 00,000 |
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Refex group's Scope 3 Categories Breakdown
Refex group's Scope 3 emissions, which increased by 6% last year and increased by approximately 6% since 2023, demonstrating supply chain emissions tracking. Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 1% of total emissions under the GHG Protocol, with "Purchased Goods and Services" representing nearly all of their reported Scope 3 footprint.
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Refex group'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.
Refex group 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.
