Sterling Tools Limited
Sterling Tools Limited, a prominent name in the fasteners industry, is headquartered in India and operates extensively across various regions. Founded in 1979, the company has established itself as a leader in manufacturing high-quality fasteners and precision-engineered components. Sterling Tools is renowned for its innovative approach, offering a diverse range of products including bolts, nuts, and screws, all designed to meet stringent industry standards. With a commitment to quality and customer satisfaction, Sterling Tools Limited has achieved significant milestones, including ISO certification and a robust export network. The company’s unique selling proposition lies in its ability to provide customised solutions tailored to specific client needs, setting it apart in a competitive market. As a trusted supplier to various sectors, including automotive and construction, Sterling Tools continues to solidify its market position through excellence and reliability.
DitchCarbon Score
How does Sterling Tools 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 Business Services 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
Sterling Tools Limited's score of 6 is higher than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Sterling Tools Limited's reported carbon emissions
In 2023, Sterling Tools Limited reported total carbon emissions of approximately 5,931,000 kg CO2e for Scope 1 and about 32,831,000 kg CO2e for Scope 2. This marked an increase from 2022, where emissions were about 4,745,000 kg CO2e for Scope 1 and approximately 27,079,000 kg CO2e for Scope 2. For 2024, the company projected emissions of around 4,939,760 kg CO2e for Scope 1 and about 31,759,300 kg CO2e for Scope 2, indicating a slight reduction in Scope 1 emissions but a continued high level of Scope 2 emissions. Sterling Tools Limited has not disclosed any specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The company’s emissions intensity metrics indicate a focus on improving efficiency, with emissions intensity per rupee of turnover decreasing from 6.49e-09 in 2023 to 6.03e-09 in 2024, and emissions intensity in terms of physical output also showing a reduction from 1,165.0 tonnes in 2023 to 1,078.0 tonnes in 2024. Overall, while Sterling Tools Limited has shown some progress in emissions intensity, the lack of formal reduction targets suggests a need for more robust climate commitments moving forward.
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Add to project| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 4,745,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 27,079,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - |
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.
Sterling Tools Limited is not committed to any reduction initiatives 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.
