Saregama India Limited
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 29 is higher than 59% 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 2024, Saregama India Limited reported total carbon emissions of approximately 190,240 kg CO2e for Scope 1, 761,450 kg CO2e for Scope 2, and a significant 156,000,000 kg CO2e for Scope 3 emissions. This indicates a substantial reliance on indirect emissions, which are typical in the entertainment and media industry. In 2023, the company recorded emissions of about 277,940 kg CO2e for Scope 1 and 737,610 kg CO2e for Scope 2, while Scope 3 emissions data was not disclosed. The previous year, 2022, saw similar trends with Scope 1 emissions at approximately 282,310 kg CO2e and Scope 2 at 722,920 kg CO2e. Despite the detailed emissions reporting, Saregama India Limited has not set specific reduction targets or climate pledges, which may limit its ability to demonstrate commitment to climate action. The absence of Science-Based Targets Initiative (SBTi) reduction targets further highlights the need for enhanced climate strategies within the organisation. Overall, while Saregama India Limited provides comprehensive emissions data, its climate commitments appear to be underdeveloped, necessitating a more robust approach to sustainability and emissions reduction in the future.
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| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 282,310 | 000,000 | 000,000 |
| Scope 2 | 722,920 | 000,000 | 000,000 |
| Scope 3 | - | - | 000,000,000 |
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.
Saregama India 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.
