Rico Auto Industries Limited
Rico Auto Industries Limited, commonly referred to as Rico, is a prominent player in the automotive components industry, headquartered in India. Established in 1983, the company has made significant strides in manufacturing high-quality automotive parts, primarily focusing on die-casting, machining, and assembly. With a strong presence in key operational regions across India, Rico has positioned itself as a trusted supplier to major automotive manufacturers. Rico's core offerings include precision-engineered components that cater to both two-wheeler and four-wheeler segments, distinguished by their innovative design and robust performance. The company has achieved notable milestones, including certifications for quality management systems, which underscore its commitment to excellence. As a leader in the automotive supply chain, Rico Auto Industries continues to enhance its market position through strategic partnerships and a dedication to sustainable practices.
DitchCarbon Score
How does Rico Auto Industries 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 Motor Vehicle Manufacturing 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
Rico Auto Industries Limited's score of 11 is lower than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Rico Auto Industries Limited's reported carbon emissions
In 2023, Rico Auto Industries Limited reported total carbon emissions of approximately 29,065,340 kg CO2e for Scope 1 and about 82,468,090 kg CO2e for Scope 2, resulting in a combined total of approximately 111,533,430 kg CO2e. This data reflects the company's operational emissions, with Scope 1 emissions primarily arising from direct activities and Scope 2 emissions resulting from the consumption of purchased electricity. For the previous year, 2024, the company recorded an increase in emissions, with Scope 1 emissions at approximately 30,377,070 kg CO2e and Scope 2 emissions at about 90,424,230 kg CO2e, leading to a total of around 120,801,300 kg CO2e. This indicates a trend of rising emissions despite the company's ongoing efforts to manage its carbon footprint. Currently, Rico Auto Industries Limited has not disclosed any specific reduction targets or initiatives aimed at decreasing its carbon emissions. The absence of defined climate commitments or science-based targets suggests that the company may need to enhance its sustainability strategies to align with industry standards and expectations for climate action.
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| 2023 | 2024 | |
|---|---|---|
| Scope 1 | 29,065,340 | 00,000,000 |
| Scope 2 | 82,468,090 | 00,000,000 |
| Scope 3 | - | - |
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.
Rico Auto Industries 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.
