TVS Holdings Limited, headquartered in India, is a prominent player in the automotive and manufacturing sectors. Founded in 1911, the company has established itself as a leader in the production of two-wheelers, three-wheelers, and automotive components, serving both domestic and international markets. With a strong presence in regions such as Asia, Africa, and Latin America, TVS Holdings is renowned for its commitment to quality and innovation. The company’s core offerings include motorcycles, scooters, and a range of automotive parts, distinguished by their reliability and performance. Over the years, TVS Holdings has achieved significant milestones, including numerous awards for excellence in manufacturing and sustainability. Its market position is bolstered by a reputation for customer-centric solutions and a robust distribution network, making it a trusted name in the automotive industry.
How does TVS Holdings 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 Motor Vehicle Retail Services 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.
TVS Holdings Limited's score of 4 is lower than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, TVS Holdings Limited reported total carbon emissions of approximately 19,516,000 kg CO2e for Scope 1 and about 61,150,000 kg CO2e for Scope 2, resulting in a combined total of approximately 80,666,000 kg CO2e. For 2024, the emissions figures remained consistent, with Scope 1 emissions at about 19,516,000 kg CO2e and Scope 2 emissions at approximately 61,150,000 kg CO2e, maintaining the total at around 80,666,000 kg CO2e. TVS Holdings has not disclosed any specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of Scope 3 emissions data suggests a potential area for future reporting and improvement. As the company continues to operate within the automotive sector, it is essential for them to enhance their climate commitments and consider setting science-based targets to align with global climate goals.
Access structured emissions data, company-specific emission factors, and source documents
2023 | 2024 | |
---|---|---|
Scope 1 | 19,516,000 | 00,000,000 |
Scope 2 | 61,150,000 | 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.
TVS Holdings Limited 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.