Tube Investments Of India
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
Tube Investments Of India's score of 24 is higher than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Tube Investments Of India's reported carbon emissions
In 2024, Tube Investments of India reported total carbon emissions of approximately 46,252,000 kg CO2e from Scope 1 and 62,081,000 kg CO2e from Scope 2. This marks a slight increase in Scope 1 emissions from about 42,063,000 kg CO2e in 2023 and 41,557,000 kg CO2e in 2022, while Scope 2 emissions rose from approximately 66,839,000 kg CO2e in 2023 and 62,422,000 kg CO2e in 2022. The company has not disclosed any specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges, indicating a potential area for future commitment. The emissions intensity per rupee of turnover has shown a decreasing trend, with values of 0.35 for 2024 and 0.367 for 2023, suggesting an effort to improve efficiency relative to revenue. Overall, Tube Investments of India is actively monitoring its carbon footprint, but further commitments and reduction strategies would enhance its climate responsibility.
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| 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 | - | - | - |
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.
Tube Investments Of India 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.
