Symphony Limited Sustainability Profile
Symphony Limited, a prominent player in the Indian technology sector, is headquartered in India and operates extensively across various regions. Founded in 1988, the company has established itself as a leader in the manufacturing of innovative communication devices and solutions, particularly in the mobile and smart device markets. With a diverse portfolio that includes feature phones, smartphones, and accessories, Symphony Limited distinguishes itself through its commitment to quality and affordability. The company has achieved significant milestones, including numerous awards for design and innovation, solidifying its market position as a trusted brand among consumers. As a key contributor to the telecommunications industry, Symphony Limited continues to push boundaries, focusing on enhancing user experience and expanding its reach in both domestic and international markets.
DitchCarbon Score
How does Symphony 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 Electrical Machinery Manufacturing 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
Symphony Limited's score of 12 is lower than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Symphony Limited's reported carbon emissions
In 2023, Symphony Limited reported total carbon emissions of approximately 18,292,520 kg CO2e, with emissions distributed across all three scopes: 34,990 kg CO2e for Scope 1, 220,460 kg CO2e for Scope 2, and a significant 18,037,070 kg CO2e for Scope 3. This data highlights the company's substantial upstream emissions, which are critical for understanding its overall carbon footprint. For the previous year, 2022, Symphony Limited's emissions were slightly lower, with total emissions of about 16,543,800 kg CO2e, comprising 37,410 kg CO2e for Scope 1, 248,590 kg CO2e for Scope 2, and 16,537,800 kg CO2e for Scope 3. This indicates a growing trend in emissions, particularly in Scope 3, which often represents the largest share of a company's carbon footprint. Despite the increasing emissions, Symphony Limited has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or SBTi commitments. The company has not cascaded emissions data from any parent organization, suggesting that its reported figures are independently sourced. Overall, Symphony Limited's emissions profile underscores the importance of addressing Scope 3 emissions, which are often the most challenging to manage. The lack of formal reduction commitments may present an opportunity for the company to enhance its climate strategy and align with industry best practices.
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| 2022 | |
|---|---|
| Scope 1 | 37,410 |
| Scope 2 | 248,590 |
| Scope 3 | 16,543,800 |
How Carbon Intensive is Symphony Limited's Industry?
How Carbon Intensive is Symphony Limited's Location?
Symphony 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.
Symphony 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.
