Rolex Rings Sustainability Profile
Rolex Rings, headquartered in India, is a prominent player in the manufacturing sector, specialising in high-quality forged and machined components. Established in 1975, the company has achieved significant milestones, including ISO certification and a robust presence in both domestic and international markets. With a focus on industries such as automotive, aerospace, and heavy machinery, Rolex Rings offers a diverse range of products, including precision-engineered rings and shafts. Their commitment to innovation and quality sets them apart, ensuring they meet the stringent demands of their clients. Recognised for their excellence, Rolex Rings has solidified its market position as a trusted supplier, contributing to various high-profile projects and earning accolades for their reliability and performance in the industry.
DitchCarbon Score
How does Rolex Rings'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 Machinery and Equipment 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
Rolex Rings's score of 13 is lower than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Rolex Rings's reported carbon emissions
In 2023, Rolex Rings reported total carbon emissions of approximately 30,272,220 kg CO2e for Scope 1 and about 53,426,900 kg CO2e for Scope 2. This reflects a slight increase in emissions compared to 2022, where Scope 1 emissions were about 2,942,970 kg CO2e and Scope 2 emissions were approximately 55,960,830 kg CO2e. The company has not disclosed any Scope 3 emissions data. Rolex Rings has not set specific reduction targets or climate pledges, indicating a potential area for future commitment. The company’s emissions intensity for Scope 1 and 2 combined is reported at 0.393 kg CO2e per rupee of turnover for 2023, which is a metric that can help assess their operational efficiency in relation to carbon output. As of now, there are no cascaded emissions data from parent or related organizations, and all reported figures are directly from Rolex Rings Limited. The absence of significant reduction initiatives or targets suggests that Rolex Rings may need to enhance its climate strategy to align with industry standards and expectations.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 2,942,970 | 0,000,000 |
| Scope 2 | 55,960,830 | 00,000,000 |
| Scope 3 | - | - |
How Carbon Intensive is Rolex Rings's Industry?
How Carbon Intensive is Rolex Rings's Location?
Rolex Rings'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.
Rolex Rings 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.
