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Motor Vehicle Manufacturing
IN
updated 14 days ago

Rico Auto Industries Limited

Company website

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.

0

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.

25

Industry Benchmark

Rico Auto Industries Limited's score of 0 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.

0%

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Rico Auto Industries Limited's reported carbon emissions

In 2023, Rico Auto Industries Limited reported a total Scope 1 and Scope 2 emission intensity of approximately 1420.0 kg CO2e per unit of revenue, with revenue recorded at about USD 280 million. The following year, 2024, the emission intensity increased to approximately 1690.0 kg CO2e per unit of revenue, with revenue at about USD 259 million. Currently, Rico Auto Industries has not disclosed specific Scope 1, Scope 2, or Scope 3 emissions data, nor have they set any formal reduction targets or initiatives under the Science Based Targets initiative (SBTi). The company does not appear to have inherited emissions data from a parent or related organization, indicating that their climate commitments and emissions reporting are independent. As of now, Rico Auto Industries Limited has not publicly committed to any climate pledges or reduction initiatives, which places them in a context where many industry peers are actively pursuing sustainability goals. The absence of specific emissions data and reduction targets highlights an opportunity for the company to enhance its climate strategy and transparency in emissions reporting.

Industry emissions intensity

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Some industries are more carbon intensive than others. Rico Auto Industries Limited's primary industry is Motor vehicles, trailers and semi-trailers (34), which is medium in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
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The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Rico Auto Industries Limited is in IN, which has a very high grid carbon intensity relative to other regions.

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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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