Rico Auto Industries Limited
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 4 is lower than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Rico Auto Industries Limited's reported carbon emissions
In 2023, Rico Auto Industries Limited reported significant carbon emissions, with Scope 1 emissions totalling approximately 29,065,340 kg CO2e and Scope 2 emissions reaching about 82,468,090 kg CO2e. This data highlights the company's ongoing impact on climate change, as both scopes contribute to their overall carbon footprint. For the year 2024, emissions increased slightly, with Scope 1 emissions at approximately 30,377,070 kg CO2e and Scope 2 emissions at about 90,424,230 kg CO2e. This upward trend in emissions indicates a need for enhanced climate action and reduction strategies. Currently, Rico Auto Industries has not disclosed any specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. This absence of formal commitments suggests that the company may need to develop and implement more robust strategies to address its carbon emissions and align with global climate goals. Overall, while the emissions data reflects a substantial environmental impact, the lack of defined reduction targets underscores the importance of proactive climate commitments in the automotive industry.
Unlock detailed emissions data
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Add to project| 2023 | 2024 | |
|---|---|---|
| Scope 1 | 29,065,340 | 00,000,000 |
| Scope 2 | 82,468,090 | 00,000,000 |
| Scope 3 | - | - |
Industry emissions intensity
Location emissions intensity
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 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.
