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.
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.
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.
Rico Auto Industries Limited's score of 5 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Rico Auto Industries Limited reported a total Scope 1 and Scope 2 emission intensity of approximately 1420.0 kg CO2e per tonne of revenue, with revenue recorded at about USD 280 million. The following year, 2024, the company showed a slight increase in emission intensity to approximately 1690.0 kg CO2e per tonne of revenue, with revenue at about USD 259 million. Currently, there are no disclosed targets for emissions reduction or specific climate commitments from Rico Auto Industries Limited. The absence of detailed emissions data across Scope 1, Scope 2, and Scope 3 indicates a need for further transparency in their climate strategy. As the automotive industry increasingly focuses on sustainability, it is essential for companies like Rico Auto to establish clear reduction targets and commitments to align with global climate goals.
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.