Shriram Pistons & Rings Limited
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 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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Shriram Pistons & Rings Limited's reported carbon emissions
In 2023, Shriram Pistons & Rings Limited reported significant carbon emissions, with Scope 1 emissions totalling approximately 3,673,000 kg CO2e and Scope 2 emissions reaching about 176,250,000 kg CO2e. This data reflects the company's operational footprint within India. Globally, the company’s emissions were considerably higher, with Scope 1 emissions at approximately 2,075,150,000 kg CO2e, Scope 2 emissions at about 747,487,000 kg CO2e, and Scope 3 emissions from capital goods estimated at around 235,612,000 kg CO2e. Despite these figures, Shriram Pistons & Rings Limited has not set specific reduction targets or climate pledges, indicating a potential area for improvement in their sustainability strategy. The absence of Science-Based Targets Initiative (SBTi) commitments suggests that the company may need to enhance its climate action framework to align with industry standards. Overall, while the emissions data provides a clear picture of Shriram Pistons & Rings Limited's current impact, the lack of defined reduction initiatives highlights the need for a more robust approach to climate commitments.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 2,628,860,000 | 0,000,000,000 |
| Scope 2 | 440,811,000 | 000,000,000 |
| Scope 3 | - | 000,000,000 |
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.
Shriram Pistons & Rings Limited is not participating in any of the initiatives that 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.
