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 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.
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 amounting to about USD 280 million. The following year, 2024, the emission intensity increased to about 1690.0 kg CO2e per unit of revenue, despite a revenue of approximately 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 climate pledges. The absence of such commitments may reflect a broader industry context where many companies are still developing their climate strategies. Rico Auto Industries Limited does not inherit emissions data from any parent or related organization, indicating that their reported figures are solely based on their own operations. As the company continues to navigate its environmental impact, future disclosures may provide clearer insights into their carbon emissions and climate commitments.
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.