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 48 is higher than 95% 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 and 371,861,210 kg CO2e for Scope 2, along with 890,580 kg CO2e for Scope 3 emissions. This marked a significant increase in Scope 1 emissions compared to previous years, where Scope 1 emissions were consistently reported at 434,989,700 kg CO2e from 2021 to 2023. In 2023, the company recorded Scope 1 emissions of 434,989,700 kg CO2e, Scope 2 emissions of 275,695,750 kg CO2e, and Scope 3 emissions of 1,254,830 kg CO2e. The emissions intensity for Scope 1 and Scope 2 combined was reported at 990.0 metric tons CO2e per metric ton of sugar produced. Despite the increase in emissions, Renuka Sugars has not disclosed any specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The company continues to operate within the sugar and sugar confectionery industry, which is under increasing scrutiny for its environmental impact. Overall, while Renuka Sugars has made strides in transparency regarding its emissions data, the lack of defined reduction targets highlights an area for potential improvement in its climate commitments.
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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 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.
