Shalimar Paints Limited
Shalimar Paints Limited, a prominent player in the Indian paint industry, is headquartered in Mumbai, India. Founded in 1902, the company has established itself as a trusted name in decorative and industrial coatings, serving diverse markets across the country. With a rich heritage spanning over a century, Shalimar Paints has achieved significant milestones, including the introduction of innovative products that cater to evolving consumer needs. The company offers a wide range of high-quality paints, including emulsions, enamels, and wood finishes, distinguished by their durability and vibrant colours. Shalimar Paints is recognised for its commitment to sustainability and advanced manufacturing processes, positioning itself as a leader in eco-friendly solutions. With a strong market presence and a reputation for excellence, Shalimar Paints continues to shape the future of the paint industry in India.
DitchCarbon Score
How does Shalimar Paints 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 Chemicals 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
Shalimar Paints Limited's score of 16 is lower than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Shalimar Paints Limited's reported carbon emissions
In 2023, Shalimar Paints Limited reported total carbon emissions of approximately 3,106,500 kg CO2e, comprising about 789,700 kg CO2e from Scope 1 and about 2,227,800 kg CO2e from Scope 2 emissions. This represents a notable increase in emissions compared to 2022, where total emissions were about 3,005,320 kg CO2e, with Scope 1 emissions at approximately 727,120 kg CO2e and Scope 2 emissions at about 2,343,200 kg CO2e. For 2024, the company anticipates a significant reduction in Scope 1 emissions, projected at about 129,700 kg CO2e, while Scope 2 emissions are expected to rise to approximately 2,384,700 kg CO2e. This indicates a strategic focus on reducing direct emissions while managing indirect emissions from energy consumption. Despite these figures, Shalimar Paints Limited has not disclosed any specific reduction targets or climate pledges, nor have they committed to Science-Based Targets Initiative (SBTi) reduction targets. The absence of such commitments suggests a need for further clarity on their long-term climate strategy and initiatives aimed at mitigating their carbon footprint.
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| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 727,120 | 000,000 | 000,000 |
| Scope 2 | 2,343,200 | 0,000,000 | 0,000,000 |
| 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.
Shalimar Paints 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.
