Savita Oil Technologies Limited Sustainability Profile
Savita Oil Technologies Limited, commonly referred to as Savita, is a leading player in the oil and lubricants industry, headquartered in India. Established in 1961, the company has made significant strides in the production of high-quality lubricants, transformer oils, and specialty oils, catering to diverse sectors such as automotive, industrial, and electrical applications. With a strong presence across major operational regions in India and a commitment to innovation, Savita has developed a reputation for its unique formulations that enhance performance and sustainability. The company’s core products, including its renowned Savsol range, are distinguished by their superior quality and reliability. Savita Oil Technologies Limited continues to solidify its market position through strategic advancements and a focus on customer satisfaction, making it a trusted name in the oil technology sector.
DitchCarbon Score
How does Savita Oil Technologies 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 Petroleum Products 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
Savita Oil Technologies Limited's score of 26 is higher than 50% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Savita Oil Technologies Limited's reported carbon emissions
In 2024, Savita Oil Technologies Limited reported total carbon emissions of approximately 9,830,400 kg CO2e, comprising 3,270,410 kg CO2e from Scope 1 and 5,759,990 kg CO2e from Scope 2 emissions. This marks a significant increase from 2023, where the company recorded total emissions of about 2,304,740 kg CO2e, with Scope 1 emissions at 392,470 kg CO2e and Scope 2 emissions at 1,912,270 kg CO2e. The company has not disclosed any Scope 3 emissions data, indicating a potential area for future reporting and improvement. Notably, Savita Oil Technologies has not set specific reduction targets or climate pledges, which may limit its ability to demonstrate commitment to long-term sustainability goals. In terms of emissions intensity, the company reported a Scope 1 and 2 emissions intensity of about 30.0 kg CO2e per tonne of physical output in 2024. This figure reflects the company's operational efficiency in relation to its emissions. Overall, while Savita Oil Technologies Limited has made strides in emissions reporting, the absence of reduction targets and commitments suggests that further action may be necessary to align with industry standards for climate responsibility.
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| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Scope 1 | 1,946,000 | 0,000,000 | 000,000 | 0,000,000 |
| Scope 2 | 9,060,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | - | - |
How Carbon Intensive is Savita Oil Technologies Limited's Industry?
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Savita Oil Technologies 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.
Savita Oil Technologies 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.
