Shanthi Gears Limited Sustainability Profile
Shanthi Gears Limited, a prominent player in the gear manufacturing industry, is headquartered in India and operates extensively across various regions. Established in 1961, the company has achieved significant milestones, positioning itself as a leader in the production of high-quality gears and gearboxes. Specialising in a diverse range of products, Shanthi Gears offers unique solutions tailored for sectors such as automotive, industrial machinery, and renewable energy. Their commitment to innovation and precision engineering sets them apart in a competitive market. With a strong reputation for reliability and performance, Shanthi Gears Limited has garnered notable achievements, solidifying its status as a trusted partner for clients seeking advanced gearing solutions.
DitchCarbon Score
How does Shanthi Gears 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 Machinery and Equipment 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
Shanthi Gears Limited's score of 22 is lower than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Shanthi Gears Limited's reported carbon emissions
In 2024, Shanthi Gears Limited reported total emissions of approximately 8,244,000 kg CO2e, comprising 375,700 kg CO2e from Scope 1 and 7,868,400 kg CO2e from Scope 2. This marks an increase from 2023, where emissions totalled about 6,110,300 kg CO2e, with Scope 1 emissions at 250,400 kg CO2e and Scope 2 emissions at 5,859,900 kg CO2e. In 2022, the company recorded approximately 2,696,000 kg CO2e in total emissions, with Scope 1 at 284,000 kg CO2e and Scope 2 at 2,412,000 kg CO2e. Shanthi Gears has set ambitious near-term climate commitments, aiming to reduce its Scope 1 and Scope 2 emissions to near zero by 2025. These targets reflect the company's commitment to achieving significant reductions in its carbon footprint as part of its sustainability strategy. The emissions data is cascaded from Shanthi Gears Limited, which operates as a current subsidiary. The company has not disclosed any Scope 3 emissions data, indicating a focus on direct and indirect emissions from its operations and energy use.
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| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 284,000 | 000,000 | 000,000 |
| Scope 2 | 2,412,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | - |
How Carbon Intensive is Shanthi Gears Limited's Industry?
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Shanthi Gears 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.
Shanthi Gears 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.
