Shriram Pistons & Rings Limited Sustainability Profile
Shriram Pistons & Rings Limited, a prominent player in the automotive components industry, is headquartered in India. Established in 1973, the company has carved a niche in manufacturing high-quality pistons, piston rings, and engine components, serving both domestic and international markets. With a strong operational presence across various regions in India, Shriram Pistons has consistently focused on innovation and quality, achieving significant milestones in production efficiency and product development. The company’s core offerings, including precision-engineered pistons and advanced piston rings, are distinguished by their durability and performance, catering to a diverse range of vehicles and engines. Recognised for its commitment to excellence, Shriram Pistons & Rings Limited has established a solid market position, contributing to the automotive sector's growth and sustainability.
DitchCarbon Score
How does Shriram Pistons & Rings 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
Shriram Pistons & Rings Limited's score of 14 is lower than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Shriram Pistons & Rings Limited's reported carbon emissions
In 2023, Shriram Pistons & Rings Limited reported total carbon emissions of approximately 367,300 kg CO2e for Scope 1 and about 176,250,000 kg CO2e for Scope 2, totalling around 176,617,300 kg CO2e. This reflects a slight decrease in Scope 1 emissions from 2022, where they were approximately 3,872,000 kg CO2e, while Scope 2 emissions increased from about 156,118,000 kg CO2e. The company has not disclosed any Scope 3 emissions data, nor have they set specific reduction targets or climate pledges. Their emissions data is not cascaded from a parent company, indicating that these figures are independently reported. Overall, Shriram Pistons & Rings Limited is actively monitoring its carbon footprint, but further commitments or initiatives towards significant emissions reductions have not been outlined.
How Carbon Intensive is Shriram Pistons & Rings Limited's Industry?
How Carbon Intensive is Shriram Pistons & Rings Limited's Location?
Shriram Pistons & Rings 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.
Shriram Pistons & Rings 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.
