Sunflag Iron and Steel Company Limited
Sunflag Iron and Steel Company Limited, commonly referred to as Sunflag Steel, is a prominent player in the iron and steel industry, headquartered in India. Established in 1984, the company has made significant strides in manufacturing high-quality steel products, serving various sectors including construction, automotive, and infrastructure. With major operational regions across India and a commitment to innovation, Sunflag Steel offers a diverse range of core products such as wire rods, bars, and structural steel. What sets them apart is their focus on quality and sustainability, ensuring that their products meet international standards. Recognised for their market position, Sunflag Steel has achieved notable milestones, including certifications that underscore their dedication to excellence. As a trusted name in the steel sector, Sunflag continues to contribute to India's industrial growth while maintaining a strong commitment to environmental responsibility.
DitchCarbon Score
How does Sunflag Iron and Steel Company 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 Motor Vehicle Retail 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
Sunflag Iron and Steel Company Limited's score of 35 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Sunflag Iron and Steel Company Limited's reported carbon emissions
In 2023, Sunflag Iron and Steel Company Limited reported total carbon emissions of approximately 1,627,406,970 kg CO2e from Scope 1, 214,701,670 kg CO2e from Scope 2, and 282,872,230 kg CO2e from Scope 3 emissions. This reflects a slight decrease in Scope 1 emissions compared to 2022, where they were about 1,754,491,860 kg CO2e. The company has also shown a commitment to reducing its carbon footprint, although specific reduction targets or initiatives have not been disclosed. For 2024, the company anticipates further emissions of approximately 1,594,668,880 kg CO2e from Scope 1, 184,009,990 kg CO2e from Scope 2, and 420,044,570 kg CO2e from Scope 3. This indicates a continued focus on managing emissions across all scopes, particularly in light of the increasing Scope 3 emissions. Sunflag Iron and Steel Company Limited has not publicly committed to specific reduction targets or climate pledges, which places them in a broader industry context where many companies are increasingly setting ambitious climate goals. The company’s emissions intensity metrics, such as Scope 1 and 2 emissions per rupee of turnover, suggest a focus on improving efficiency as they navigate the challenges of climate change.
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| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 1,754,491,860 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 182,631,740 | 000,000,000 | 000,000,000 |
| Scope 3 | 182,136,580 | 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.
Sunflag Iron and Steel Company 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.
