Tvs Motor
TVS Motor Company, headquartered in Hosur, India, is a prominent player in the automotive industry, specialising in the manufacture of two-wheelers and three-wheelers. Founded in 1978, the company has achieved significant milestones, including the launch of innovative models and expansion into international markets. With a diverse product portfolio that includes motorcycles, scooters, and electric vehicles, TVS Motor stands out for its commitment to quality and advanced technology. The company is recognised for its strong market position, consistently ranking among the top motorcycle manufacturers in India. TVS Motor's dedication to sustainability and customer satisfaction has earned it numerous accolades, solidifying its reputation as a leader in the automotive sector.
DitchCarbon Score
How does Tvs Motor'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 Motor Vehicle Manufacturing 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
Tvs Motor's score of 9 is higher than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Tvs Motor's reported carbon emissions
In 2023, TVS Motor Company reported total emissions of approximately 19,046,000 kg CO2e for Scope 1 and about 9,584,320 kg CO2e for Scope 2. This reflects a slight increase in Scope 1 emissions compared to 2022, which were about 17,876,210 kg CO2e, while Scope 2 emissions decreased from approximately 11,835,340 kg CO2e. Looking ahead to 2024, the company anticipates a significant rise in emissions, with projected Scope 1 emissions at about 22,693,340 kg CO2e, Scope 2 at approximately 4,437,470 kg CO2e, and a substantial Scope 3 total of around 22,700,763,360 kg CO2e. TVS Motor has committed to near-term emissions reduction targets, although specific numerical targets have not been disclosed. The company is not currently committed to a net-zero target. Their emissions intensity metrics indicate a focus on reducing emissions relative to revenue and employee count, with Scope 1 and 2 emission intensity per rupee of turnover reported at 0.00109 in 2023 and 0.00085 in 2024. Overall, while TVS Motor is actively monitoring and reporting its emissions, the absence of specific reduction targets and a net-zero commitment highlights an area for potential improvement in their climate strategy.
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Add to project| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 17,876,210 | 00,000,000 | 00,000,000 |
| Scope 2 | 11,835,340 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | 00,000,000,000 |
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.
Tvs Motor is committed to some 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.
