Saregama India Limited Sustainability Profile
Saregama India Limited, often referred to simply as Saregama, is a prominent player in the Indian music and entertainment industry, headquartered in Mumbai, India. Founded in 1901, the company has evolved significantly, marking key milestones such as the launch of its digital music platform and the introduction of innovative products like the Carvaan, a portable music player that combines nostalgia with modern technology. Saregama operates primarily in the music production and distribution sector, offering a vast catalogue of songs across various genres and languages. Its unique blend of traditional and contemporary music appeals to a diverse audience, solidifying its position as a market leader. With a rich heritage and a commitment to quality, Saregama continues to shape the landscape of Indian entertainment, making it a household name in the industry.
DitchCarbon Score
How does Saregama India 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 Media Production 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
Saregama India Limited's score of 10 is lower than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Saregama India Limited's reported carbon emissions
In 2023, Saregama India Limited reported total carbon emissions of approximately 1,117,460 kg CO2e, comprising 275,960 kg CO2e from Scope 1 and 841,500 kg CO2e from Scope 2 emissions. This data reflects a commitment to transparency in their environmental impact, although no Scope 3 emissions data has been disclosed. The company has shown a slight reduction in emissions intensity, with Scope 1 and Scope 2 emissions per rupee of turnover decreasing from 3.0e-09 in 2023 to 2.0e-09 in 2024, indicating a more efficient operation relative to revenue. In terms of physical output, the emissions intensity also decreased from 3,120.0 tonnes in 2023 to 2,710.0 tonnes in 2024. Despite these improvements, Saregama India Limited has not set specific reduction targets or climate pledges, nor are there any initiatives reported under the Science Based Targets initiative (SBTi). The emissions data is cascaded from the parent company, reflecting the company's current subsidiary status within its corporate family. Overall, while Saregama India Limited is making strides in reducing its emissions intensity, further commitments and targets would enhance its climate strategy and accountability.
How Carbon Intensive is Saregama India Limited's Industry?
How Carbon Intensive is Saregama India Limited's Location?
Saregama India 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.
Saregama India 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.
