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 14 is higher than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Shalimar Paints Limited's reported carbon emissions
In 2023, Shalimar Paints Limited reported total carbon emissions of approximately 3,117,500 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 slight increase in Scope 1 emissions compared to 2022, where total emissions were about 2,961,320 kg CO2e, with Scope 1 at 727,120 kg CO2e and Scope 2 at 2,343,200 kg CO2e. For 2024, the company anticipates a significant reduction in Scope 1 emissions to approximately 129,700 kg CO2e, while Scope 2 emissions are projected to rise to about 2,384,700 kg CO2e. This indicates a strategic shift towards reducing direct emissions while managing indirect emissions. Currently, Shalimar Paints has not disclosed any specific reduction targets or commitments under the Science Based Targets initiative (SBTi) or other climate pledges. The absence of defined reduction initiatives suggests that the company may be in the early stages of developing a comprehensive climate strategy. As the industry increasingly focuses on sustainability, Shalimar Paints will need to establish clear climate commitments to align with global standards and expectations.
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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 committed to any reduction initiatives 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.
