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 4 is lower than 90% 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 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. In 2024, emissions increased slightly, with Scope 1 emissions at about 30,377,070 kg CO2e and Scope 2 emissions at approximately 90,424,230 kg CO2e, leading to a total of around 120,801,300 kg CO2e. Rico Auto Industries has disclosed emissions data for Scope 1 and Scope 2 but has not provided information on Scope 3 emissions. The company has not set specific reduction targets or climate pledges, indicating a potential area for future commitment. The emissions intensity for 2023 was reported at 1,420 kg CO2e per unit of revenue, while in 2024, it increased to 1,690 kg CO2e per unit of revenue. As a player in the automotive industry, Rico Auto Industries is positioned within a sector that is increasingly focused on reducing carbon footprints and enhancing sustainability practices.
Access structured emissions data, company-specific emission factors, and source documents
2023 | 2024 | |
---|---|---|
Scope 1 | 29,065,340 | 00,000,000 |
Scope 2 | 82,468,090 | 00,000,000 |
Scope 3 | - | - |
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 committed to any reduction initiatives 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.