Shri Ram Switchgears Limited Sustainability Profile
Shri Ram Switchgears Limited, a prominent player in the electrical equipment industry, is headquartered in India. Established in 1985, the company has carved a niche in manufacturing high-quality switchgear products, catering to various sectors including power generation, transmission, and distribution. With a strong operational presence across India, Shri Ram Switchgears has consistently delivered innovative solutions that enhance electrical safety and efficiency. The company’s core offerings include a diverse range of switchgear, circuit breakers, and control panels, distinguished by their reliability and advanced technology. Over the years, Shri Ram Switchgears has achieved significant milestones, solidifying its market position as a trusted provider in the electrical sector. With a commitment to quality and customer satisfaction, the company continues to lead in delivering cutting-edge electrical solutions tailored to meet the evolving needs of its clients.
DitchCarbon Score
How does Shri Ram Switchgears 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 Electrical Machinery Manufacturing 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
Shri Ram Switchgears Limited's score of 26 is lower than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Shri Ram Switchgears Limited's reported carbon emissions
In 2024, Shri Ram Switchgears Limited reported significant carbon emissions, totalling approximately 71,237,860,000 kg CO2e for Scope 1, 1,884,390,000 kg CO2e for Scope 2, and a staggering 8,250,584,950,000 kg CO2e for Scope 3 emissions. This data reflects a comprehensive assessment of their carbon footprint across all scopes, indicating a substantial impact on the environment. Comparatively, in 2023, the company recorded emissions of about 62,530,000,000 kg CO2e for Scope 1, 1,695,030,000 kg CO2e for Scope 2, and 4,204,917,640,000 kg CO2e for Scope 3. The figures for 2022 were slightly lower, with Scope 1 emissions at approximately 61,755,400,000 kg CO2e, Scope 2 at 1,139,220,000 kg CO2e, and Scope 3 at 4,547,800,000 kg CO2e. Despite these high emissions, Shri Ram Switchgears Limited has not disclosed any specific reduction targets or initiatives as part of their climate commitments. There are no SBTi (Science Based Targets initiative) reduction targets or climate pledges reported, indicating a potential area for improvement in their sustainability strategy. The emissions data is not cascaded from any parent organisation, and all figures are directly attributed to Shri Ram Switchgears Limited. The company’s commitment to addressing climate change remains unclear, highlighting the need for more robust climate action and transparency in their environmental strategies.
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| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 61,755,400,000 | 00,000,000,000 | 00,000,000,000 |
| Scope 2 | 1,139,220,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | 4,547,800,000 | 0,000,000,000,000 | 0,000,000,000,000 |
How Carbon Intensive is Shri Ram Switchgears Limited's Industry?
How Carbon Intensive is Shri Ram Switchgears Limited's Location?
Shri Ram Switchgears Limited's Scope 3 Categories Breakdown
Shri Ram Switchgears Limited's Scope 3 emissions, which increased by 96% last year and increased significantly since 2022, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with detailed category breakdown helping identify key emission sources across their value chain.
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Shri Ram Switchgears 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.
Shri Ram Switchgears 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.
