The Fertilisers and Chemicals Travancore Limited (FACT) is a prominent player in the Indian fertiliser and chemical industry, headquartered in Kochi, Kerala. Established in 1943, FACT has made significant strides in the production of fertilisers, chemicals, and engineering services, catering primarily to the agricultural sector. With a diverse portfolio that includes urea, ammonium sulphate, and various industrial chemicals, FACT stands out for its commitment to sustainable practices and innovation. The company has achieved notable milestones, including the establishment of its own fertiliser manufacturing units and a strong market presence across India. Recognised for its quality products and customer-centric approach, FACT continues to contribute to the agricultural landscape, ensuring food security and promoting sustainable farming practices throughout the region.
How does The Fertilisers and Chemicals Travancore 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 Salt and Mineral Mining 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.
The Fertilisers and Chemicals Travancore Limited's score of 17 is lower than 76% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, The Fertilisers and Chemicals Travancore Limited (FACT) reported carbon emissions of approximately 268,150,214 kg CO2e, all of which fall under Scope 1 emissions. This marks an increase from the previous year's emissions of about 200,537,137 kg CO2e, indicating a significant rise in direct emissions from the company's operations. FACT is actively pursuing initiatives to reduce its carbon footprint. The company has committed to transitioning its feedstock and fuel to renewable liquefied natural gas (RLNG), a greener alternative, and is also exploring the use of renewable energy sources for its operations. These efforts are part of their near-term climate commitments, targeting reductions in both Scope 1 and Scope 2 emissions by 2025. While specific percentage reduction targets have not been disclosed, the company's initiatives reflect a proactive approach to addressing climate change and enhancing sustainability within its operations. As FACT continues to implement these strategies, it aims to contribute positively to the broader climate goals in the fertiliser and chemicals industry.
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.
The Fertilisers and Chemicals Travancore 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.