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 8 is higher than 80% 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 434,989,700 kg CO2e for Scope 1 and about 275,695,750 kg CO2e for Scope 2, alongside approximately 1,254,830 kg CO2e for Scope 3 emissions. This reflects a significant increase in Scope 2 emissions compared to the previous year, where they were about 126,352,930 kg CO2e in 2022. Looking ahead to 2024, the company anticipates a further rise in emissions, with Scope 1 emissions projected at approximately 1,395,711,400 kg CO2e, Scope 2 at about 371,861,210 kg CO2e, and Scope 3 at around 890,580 kg CO2e. Despite these figures, Renuka Sugars has not publicly disclosed specific reduction targets or initiatives aimed at decreasing their carbon footprint. The company’s emissions intensity for Scope 1 and Scope 2 combined is reported at 990.0 metric tons CO2e per metric ton of sugar in 2023, which is a slight improvement from 880.0 metric tons CO2e per metric ton of sugar projected for 2024. Overall, while Renuka Sugars has made strides in emissions reporting, the lack of defined reduction targets indicates a need for more robust climate commitments in line with industry standards.
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Add to project| 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.
