Renuka Sugars
Renuka Sugars, officially known as Shree Renuka Sugars Ltd., is a prominent player in the sugar industry, headquartered in India. Established in 1998, the company has grown to become one of the largest sugar producers in the country, with significant operations in Maharashtra and Karnataka. Renuka Sugars is renowned for its diverse range of products, including white sugar, raw sugar, and ethanol, which are distinguished by their high quality and sustainable production practices. The company has achieved notable milestones, such as expanding its production capacity and diversifying into renewable energy. With a strong market position, Renuka Sugars is committed to innovation and sustainability, making it a key contributor to the Indian sugar sector and a trusted name among consumers and businesses alike.
DitchCarbon Score
How does Renuka Sugars'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
Renuka Sugars's score of 43 is higher than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Renuka Sugars's reported carbon emissions
In 2023, Renuka Sugars reported total carbon emissions of approximately 437,000,000 kg CO2e for Scope 1 and about 276,000,000 kg CO2e for Scope 2, alongside approximately 1,254,830 kg CO2e for Scope 3 emissions. This data indicates a significant increase in Scope 2 emissions compared to the previous year, where they were about 126,000,000 kg CO2e in 2022. For 2024, emissions are projected to rise further, with Scope 1 emissions expected to reach approximately 1,396,000,000 kg CO2e and Scope 2 emissions at about 372,000,000 kg CO2e, while Scope 3 emissions are anticipated to be around 891,000 kg CO2e. Despite these figures, Renuka Sugars has not disclosed any specific reduction targets or initiatives aimed at decreasing their carbon footprint. The company has not committed to any science-based targets or climate pledges, indicating a potential area for improvement in their climate strategy. Overall, Renuka Sugars' emissions data reflects the challenges faced by the sugar industry in managing carbon outputs, highlighting the need for enhanced climate commitments and reduction strategies moving forward.
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| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Scope 1 | 434,989,700 | 000,000,000 | 000,000,000 | 0,000,000,000 |
| Scope 2 | 126,352,930 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | 0,000,000 | 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.
Renuka Sugars 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.
