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.
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.
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.
Shanthi Gears Limited's score of 9 is lower than 65% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Shanthi Gears Limited reported total carbon 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 emissions. 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 total emissions of around 2,696,000 kg CO2e, with Scope 1 at 284,000 kg CO2e and Scope 2 at 2,412,000 kg CO2e. Despite the rising emissions, Shanthi Gears has not disclosed any specific reduction targets or initiatives as part of their climate commitments. The company continues to report emissions data but lacks defined strategies under frameworks such as the Science Based Targets initiative (SBTi). As a result, their climate strategy remains unclear within the context of industry standards for emissions reduction.
Access structured emissions data, company-specific emission factors, and source documents
2022 | 2023 | 2024 | |
---|---|---|---|
Scope 1 | 284,000 | 000,000 | 000,000 |
Scope 2 | 2,412,000 | 0,000,000 | 0,000,000 |
Scope 3 | - | - | - |
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.