Tube Investments of India Limited, headquartered in Chennai, India, is a prominent player in the engineering and manufacturing sector. Founded in 1955, the company has established itself as a leader in diverse industries, including bicycles, engineering, and metal products. With a strong presence across India and significant operations in international markets, Tube Investments is renowned for its innovative solutions and high-quality products. The company’s core offerings include precision-engineered components, bicycles, and automotive parts, distinguished by their durability and performance. Tube Investments has achieved notable milestones, such as pioneering advancements in bicycle technology and expanding its product range to meet evolving market demands. With a commitment to excellence, Tube Investments of India continues to strengthen its market position, making it a trusted name in the industry.
How does Tube Investments Of India'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 Financial Intermediation 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.
Tube Investments Of India's score of 26 is higher than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Tube Investments of India reported total carbon emissions of approximately 46,252,000 kg CO2e for Scope 1 and about 62,081,000 kg CO2e for Scope 2, resulting in a combined total of approximately 108,333,000 kg CO2e. This marks an increase from 2023, where emissions were approximately 42,063,000 kg CO2e for Scope 1 and about 66,839,000 kg CO2e for Scope 2, totalling around 108,902,000 kg CO2e. In 2022, the company recorded approximately 41,557,000 kg CO2e for Scope 1 and about 62,422,000 kg CO2e for Scope 2, leading to a total of around 103,979,000 kg CO2e. Despite the fluctuations in emissions, Tube Investments of India has not disclosed any specific reduction targets or initiatives as part of their climate commitments. The company has reported emissions data for Scope 1 and Scope 2 but has not provided information regarding Scope 3 emissions. The absence of defined reduction targets suggests a need for further commitment to climate action within the industry context.
Access structured emissions data, company-specific emission factors, and source documents
2022 | 2023 | 2024 | |
---|---|---|---|
Scope 1 | 41,557,000 | 00,000,000 | 00,000,000 |
Scope 2 | 62,422,000 | 00,000,000 | 00,000,000 |
Scope 3 | - | - | - |
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.
Tube Investments Of India 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.