Renuka Sugars Sustainability Profile
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 56 is higher than 77% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Renuka Sugars's reported carbon emissions
In 2024, Renuka Sugars reported total carbon emissions of approximately 1,395,711,400 kg CO2e for Scope 1, 371,861,210 kg CO2e for Scope 2, and 890,580 kg CO2e for Scope 3. This represents a notable increase in emissions compared to 2023, where emissions were approximately 1,704,521,790 kg CO2e for Scope 1, 275,695,750 kg CO2e for Scope 2, and 1,254,830 kg CO2e for Scope 3. The company has disclosed emissions data for all three scopes, indicating a comprehensive approach to carbon accounting. However, there are no specific reduction targets or climate pledges outlined in their current commitments. Renuka Sugars operates as a current subsidiary of Shree Renuka Sugars Limited, with emissions data cascaded from this parent organization. Additionally, initiatives related to climate commitments are influenced by Wilmar International Limited, which is also part of the corporate family relationship. Overall, while Renuka Sugars has made strides in emissions reporting, the absence of defined reduction targets suggests an opportunity for further commitment to climate action.
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| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 434,989,700 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 126,352,930 | 000,000,000 | 000,000,000 |
| Scope 3 | - | 0,000,000 | 000,000 |
How Carbon Intensive is Renuka Sugars's Industry?
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Renuka Sugars'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.
Renuka Sugars 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.
