Stovec Industries Limited, headquartered in India, is a prominent player in the textile and printing industry, specialising in innovative solutions for digital textile printing. Founded in 1986, the company has established itself as a leader in the market, particularly in regions such as Asia and Europe. Stovec offers a diverse range of products, including high-quality digital printers, inks, and software solutions, all designed to enhance efficiency and creativity in textile production. Their commitment to cutting-edge technology and sustainability sets them apart from competitors. With a strong market position, Stovec Industries has achieved significant milestones, including numerous awards for innovation and excellence in service. The company continues to drive advancements in the textile sector, making it a trusted name for businesses seeking reliable and innovative printing solutions.
How does Stovec Industries 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 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.
Stovec Industries Limited's score of 15 is lower than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Stovec Industries Limited, headquartered in India, has set ambitious climate commitments aimed at significantly reducing its carbon emissions. As of 2022, the company has not disclosed specific emissions data, including Scope 1, 2, or 3 emissions. However, they have outlined clear reduction targets for the near term. The company aims to reduce its Scope 1 emissions to near zero by 2025 and has committed to a 30% reduction from 2020 levels by 2030. Similarly, Stovec Industries plans to achieve near-zero Scope 2 emissions by 2025, with a parallel commitment to reduce these emissions by 30% from 2020 levels by 2030. These initiatives reflect the company's dedication to addressing climate change and minimising its environmental impact. Stovec Industries' proactive approach aligns with industry standards for climate action, demonstrating a commitment to sustainability and responsible business practices.
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.
Stovec Industries 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.