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.
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.
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.
Southern Petrochemical Industries Corporation Limited's score of 13 is lower than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Southern Petrochemical Industries Corporation Limited (SPIC) reported significant carbon emissions, with a total of approximately 193,345,000 kg CO2e attributed to Scope 3 emissions. This figure represents an increase from the previous year's Scope 3 emissions of about 186,100,000 kg CO2e in 2022. Notably, SPIC has not disclosed any data regarding Scope 1 or Scope 2 emissions. Despite the absence of specific reduction targets or initiatives, SPIC's emissions data is independently reported and not cascaded from any parent organisation. The company has not committed to any climate pledges or SBTi (Science Based Targets initiative) reduction targets, indicating a potential area for future improvement in their climate strategy. As SPIC continues to operate within the petrochemical industry, addressing its carbon footprint will be crucial for aligning with global climate commitments and enhancing sustainability practices.
Access structured emissions data, company-specific emission factors, and source documents
| 2022 | 2023 | |
|---|---|---|
| Scope 1 | - | - |
| Scope 2 | - | - |
| Scope 3 | 186,100,000 | 000,000,000 |
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.
Southern Petrochemical Industries Corporation 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.
