Shanthi Gears Limited
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 9 is higher than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Shanthi Gears Limited's reported carbon emissions
In 2023, Shanthi Gears Limited reported total carbon emissions of approximately 6,110,300 kg CO2e, comprising 250,400 kg CO2e from Scope 1 and 5,859,900 kg CO2e from Scope 2 emissions. This marked an increase from 2022, where emissions totalled about 2,696,000 kg CO2e, with Scope 1 emissions at 284,000 kg CO2e and Scope 2 emissions at 2,412,000 kg CO2e. Looking ahead to 2024, the company anticipates further increases, projecting total emissions of around 8,244,000 kg CO2e, with Scope 1 emissions expected to rise to 375,700 kg CO2e and Scope 2 emissions to 7,868,400 kg CO2e. Despite these figures, Shanthi Gears Limited has not disclosed any specific reduction targets or climate pledges, indicating a potential area for improvement in their climate commitments. The company’s emissions per rupee of turnover have shown a decrease, from 0.00008 kg CO2e in 2022 to 0.00005 kg CO2e in 2023, suggesting a more efficient operational approach. However, without formal reduction initiatives or targets, the long-term sustainability of these improvements remains uncertain.
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Get Started| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 284,000 | 000,000 | 000,000 |
| Scope 2 | 2,412,000 | 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.
Shanthi Gears 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.
