Reliance Retail Ventures Limited
Reliance Retail Ventures Limited, a subsidiary of Reliance Industries Limited, is a leading player in the Indian retail sector, headquartered in Mumbai, India. Founded in 2006, the company has rapidly expanded its footprint across various operational regions, including urban and rural markets throughout the country. Specialising in a diverse range of products and services, Reliance Retail operates in sectors such as grocery, electronics, fashion, and lifestyle, setting itself apart with a unique blend of quality and affordability. The company has achieved significant milestones, including the launch of its innovative digital commerce platforms, which enhance customer engagement and convenience. With a strong market position, Reliance Retail is recognised for its extensive network of stores and commitment to customer satisfaction, making it a formidable force in the Indian retail landscape.
DitchCarbon Score
How does Reliance Retail Ventures 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 Telecommunications 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 Retail Ventures Limited's score of 42 is higher than 85% 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 Retail Ventures Limited's reported carbon emissions
In 2023, Reliance Retail Ventures Limited reported significant carbon emissions, totalling approximately 36,857,083,000 kg CO2e for Scope 1, 850,070,000 kg CO2e for Scope 2, and 37,945,728,000 kg CO2e for Scope 3 emissions. This indicates a comprehensive approach to tracking emissions across all scopes, with a total of about 75,652,881,000 kg CO2e. In 2024, the company slightly reduced its emissions, with Scope 1 emissions at approximately 36,680,367,000 kg CO2e, Scope 2 at 781,764,000 kg CO2e, and Scope 3 at 37,682,039,000 kg CO2e. This reflects a total of about 75,144,170,000 kg CO2e, showcasing a commitment to monitoring and potentially reducing their carbon footprint. Despite these figures, there are currently no publicly disclosed reduction targets or initiatives from Reliance Retail Ventures Limited, indicating a need for clearer climate commitments. The company has not specified any science-based targets or climate pledges, which are essential for aligning with global climate goals. As the retail industry increasingly focuses on sustainability, Reliance Retail Ventures Limited may benefit from establishing concrete reduction strategies to enhance its environmental responsibility.
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| 2023 | 2024 | |
|---|---|---|
| Scope 1 | 36,857,083,000 | 00,000,000,000 |
| Scope 2 | 850,070,000 | 000,000,000 |
| Scope 3 | 37,945,728,000 | 00,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
Reliance Retail Ventures 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.
