Reliance Industries Sustainability Profile
Reliance Industries Limited, commonly referred to as Reliance, is a leading conglomerate headquartered in Mumbai, India. Founded in 1960, the company has evolved into a powerhouse across various sectors, including petrochemicals, refining, oil, telecommunications, and retail. With a significant presence in both domestic and international markets, Reliance has established itself as a key player in the Indian economy. The company is renowned for its innovative products and services, particularly in the telecommunications sector with Reliance Jio, which revolutionised mobile connectivity in India. Reliance's commitment to sustainability and technological advancement has positioned it as a market leader, consistently achieving remarkable milestones, such as becoming one of the largest refiners globally. With a diverse portfolio and a focus on growth, Reliance Industries continues to shape the future of multiple industries.
DitchCarbon Score
How does Reliance Industries'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 Business 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
Reliance Industries's score of 43 is higher 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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Reliance Industries's reported carbon emissions
In 2024, Reliance Industries reported total carbon emissions of approximately 36,900,275,000 kg CO2e for Scope 1 and about 781,764,000 kg CO2e for Scope 2, resulting in combined Scope 1 and 2 emissions of about 45,200,000,000 kg CO2e. In 2023, the figures were slightly lower, with Scope 1 emissions at approximately 37,095,658,000 kg CO2e and Scope 2 emissions at about 850,070,000 kg CO2e, leading to a total of around 45,240,000,000 kg CO2e for both scopes. Reliance Industries has set an ambitious target to achieve net zero carbon emissions by 2035, encompassing all scopes of emissions. This commitment reflects the company's long-term strategy to address climate change and reduce its carbon footprint significantly. The company has not disclosed specific reduction percentages but aims to implement strategies that will facilitate this transition. The emissions data is sourced directly from Reliance Industries Limited, with no cascading from parent or related organizations. The company has not reported any Scope 3 emissions data, indicating a potential area for future disclosure and improvement.
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| 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 15,927,320,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | - | - | - | 00,000,000,000 | 00,000,000,000 |
| Scope 2 | 211,620,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 0,000,000,000 | - | - | - | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | - | - | - | - | - | - | - | - | 00,000,000 | 00,000,000 | 00,000,000 | - | - | - | - | - | - |
How Carbon Intensive is Reliance Industries's Industry?
How Carbon Intensive is Reliance Industries's Location?
Reliance Industries'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.
Reliance Industries has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
