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 24 is higher than 52% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, TVS Holdings Limited reported total carbon emissions of approximately 22,693,340 kg CO2e for Scope 1, 4,437,470 kg CO2e for Scope 2, and a significant 22,700,763,360 kg CO2e for Scope 3 emissions. This data highlights the company's substantial carbon footprint, particularly in Scope 3, which encompasses indirect emissions from the entire value chain. Comparatively, in 2023, the company recorded Scope 1 emissions of about 19,046,000 kg CO2e and Scope 2 emissions of approximately 9,584,320 kg CO2e, indicating a notable increase in emissions across all scopes in 2024. TVS Holdings Limited has not set specific reduction targets or climate pledges, nor does it appear to have cascaded any emissions data from a parent company. The absence of formal commitments suggests a need for enhanced climate strategies in line with industry standards. Overall, while the company has made strides in emissions reporting, the lack of reduction initiatives or targets may hinder its ability to effectively address climate change challenges.
Access structured emissions data, company-specific emission factors, and source documents
2023 | 2024 | |
---|---|---|
Scope 1 | 19,046,000 | 00,000,000 |
Scope 2 | 9,584,320 | 0,000,000 |
Scope 3 | - | 00,000,000,000 |
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 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.