Southern Petrochemical Industries Corporation Limited
Southern Petrochemical Industries Corporation Limited (SPIC) is a prominent player in the Indian petrochemical industry, headquartered in Chennai, India. Established in 1969, SPIC has made significant strides in the production of fertilisers, petrochemicals, and other chemical products, contributing to the agricultural and industrial sectors across the country. With a strong operational presence in Tamil Nadu and beyond, SPIC is renowned for its high-quality urea and complex fertilisers, which are essential for enhancing agricultural productivity. The company’s commitment to innovation and sustainability has positioned it as a leader in the market, achieving notable milestones in production efficiency and environmental stewardship. SPIC continues to play a vital role in supporting India's agricultural needs while maintaining a focus on sustainable practices and technological advancement.
DitchCarbon Score
How does Southern Petrochemical Industries Corporation 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 Salt and Mineral Mining 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
Southern Petrochemical Industries Corporation Limited's score of 14 is higher than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Southern Petrochemical Industries Corporation Limited's reported carbon emissions
In 2023, Southern Petrochemical Industries Corporation Limited (SPIC) reported carbon emissions of approximately 186,100,000 kg CO2e, all of which fall under Scope 3 emissions. This represents a slight decrease from the previous year's emissions of about 200,200,000 kg CO2e in 2022. However, emissions increased to approximately 193,345,000 kg CO2e in 2024. SPIC has not disclosed any specific reduction targets or initiatives related to their carbon emissions, nor have they committed to any climate pledges or Science-Based Targets Initiative (SBTi) reduction targets. The company’s focus appears to be primarily on managing its Scope 3 emissions, which encompass indirect emissions from the value chain, rather than direct emissions from operations (Scope 1) or energy consumption (Scope 2). As SPIC continues to navigate its environmental impact, the absence of formal reduction commitments highlights an area for potential growth in their sustainability strategy.
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| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | - | - | - |
| Scope 2 | - | - | - |
| Scope 3 | 200,200,000 | 000,000,000 | 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.
Southern Petrochemical Industries Corporation 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.
