Sterling Tools Limited Sustainability Profile
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 29 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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Sterling Tools Limited's reported carbon emissions
In 2024, Sterling Tools Limited reported total carbon emissions of approximately 37.3 million kg CO2e, comprising 4,773,600 kg CO2e from Scope 1 and 32,551,570 kg CO2e from Scope 2 emissions. This marks a slight decrease from 2023, where total emissions were about 36.7 million kg CO2e, with Scope 1 emissions at 4,938,760 kg CO2e and Scope 2 emissions at 31,759,300 kg CO2e. The company has not disclosed any Scope 3 emissions data. Sterling Tools Limited has not set specific reduction targets or initiatives as part of its climate commitments. The absence of SBTi (Science Based Targets initiative) reduction targets indicates that the company has not yet formalised its long-term climate strategy. However, the company continues to monitor and report its emissions, reflecting a commitment to transparency in its environmental impact. Overall, Sterling Tools Limited's emissions data highlights its ongoing efforts to manage its carbon footprint, although further commitments and reduction strategies would enhance its climate action profile.
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| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 5,931,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 32,831,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - |
How Carbon Intensive is Sterling Tools Limited's Industry?
How Carbon Intensive is Sterling Tools Limited's Location?
Sterling Tools 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.
Sterling Tools 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.
