Rico Auto Industries Limited Sustainability Profile
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 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.
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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.
How Carbon Intensive is Rico Auto Industries Limited's Industry?
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Rico Auto Industries Limited's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Rico Auto Industries Limited has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
