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.
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.
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.
Tvs Motor's score of 21 is lower than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, TVS Motor Company 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. The emissions data for 2022 showed Scope 1 emissions at around 17,876,210 kg CO2e and Scope 2 at about 11,835,340 kg CO2e. This indicates a trend of increasing emissions, particularly in Scope 3, which is critical for understanding the broader environmental impact of the company's operations. TVS Motor has made commitments to reduce its carbon emissions, although specific reduction targets have not been disclosed. The company is currently classified as "Committed" to near-term targets, but it has not set a net-zero target. Previous commitments have been removed or expired, indicating a need for clearer long-term climate strategies. The emissions data is cascaded from the parent company, TVS Motor Company Limited, and reflects the company's ongoing efforts to address climate change within the automotive sector. As a current subsidiary, TVS Motor is part of a larger corporate family that includes TVS Holdings Limited, which may influence its sustainability initiatives.
Access structured emissions data, company-specific emission factors, and source documents
| 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 |
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Tvs Motor has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.