Supreme Industries

Supreme Industries, headquartered in India and operating within the plastics basic industry, has established significant climate commitments. For the fiscal year 2023, the company reported total greenhouse gas emissions of approximately 1.71 billion kg CO2e. This figure comprises Scope 1 emissions of about 13.9 million kg CO2e, Scope 2 emissions of approximately 180.3 million kg CO2e, and substantial Scope 3 emissions amounting to about 1.55 billion kg CO2e. The primary contributors to their Scope 3 emissions in 2023 were purchased goods and services, accounting for approximately 1.39 billion kg CO2e.

Supreme Industries aims to achieve net-zero greenhouse gas emissions across its value chain by fiscal year 2050. To support this long-term goal, the company has set near-term targets for fiscal year 2034, based on a fiscal year 2024 base year. These targets include a reduction in absolute Scope 1 and Scope 2 greenhouse gas emissions by 58.8%. Furthermore, Supreme Industries is committed to reducing its Scope 3 greenhouse gas emissions by 63.8% per metric tonne of plastic product produced by fiscal year 2034.

For the longer term, by fiscal year 2050, Supreme Industries has set ambitious goals to reduce absolute Scope 1 and Scope 2 greenhouse gas emissions by 90%. Additionally, their Scope 3 emissions reduction target for fiscal year 2050 is a significant 97% reduction per metric tonne of plastic product produced. These targets, aligned with keeping global warming to 1.5°C, cover a broad range of Scope 3 categories, including purchased goods and services, capital goods, fuel- and energy-related activities, upstream and downstream transportation and distribution, business travel, and the end-of-life treatment of sold products.