TVS Srichakra Limited Sustainability Profile
TVS Srichakra Limited, a prominent player in the tyre manufacturing industry, is headquartered in India. Established in 1976, the company has carved a niche in producing a diverse range of tyres for two-wheelers, three-wheelers, and commercial vehicles, primarily serving the Indian market and expanding its reach internationally. With a commitment to quality and innovation, TVS Srichakra offers unique products such as the TVS Eurogrip range, known for their superior grip and durability. The company has achieved significant milestones, including ISO certifications and recognition for its sustainable practices. As a subsidiary of the TVS Group, TVS Srichakra Limited stands out in the competitive landscape, consistently delivering high-performance tyres that meet the evolving needs of consumers and contribute to road safety.
DitchCarbon Score
How does TVS Srichakra 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.
Industry Average
Mean score of companies in the Rubber and Plastic Products 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 Srichakra Limited's score of 11 is lower than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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TVS Srichakra Limited's reported carbon emissions
In 2024, TVS Srichakra Limited reported total carbon emissions of approximately 128,613,000 kg CO2e, comprising about 100,686,000 kg CO2e from Scope 1 and about 27,927,000 kg CO2e from Scope 2 emissions. This marks a significant reduction from 2023, where emissions were approximately 181,048,000 kg CO2e, with Scope 1 emissions at about 154,559,000 kg CO2e and Scope 2 at about 27,049,000 kg CO2e. TVS Srichakra Limited has not disclosed any Scope 3 emissions data, indicating a focus on direct and indirect emissions from their operations. The company has not set specific reduction targets or climate pledges, which may limit their strategic approach to addressing climate change. The emissions data is not cascaded from any parent organization, and all figures are reported directly by TVS Srichakra Limited. The company continues to engage in sustainability practices, although specific initiatives or targets for emissions reduction have not been outlined.
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| 2023 | 2024 | |
|---|---|---|
| Scope 1 | 154,559,000 | 000,000,000 |
| Scope 2 | 27,049,000 | 00,000,000 |
| Scope 3 | - | - |
How Carbon Intensive is TVS Srichakra Limited's Industry?
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TVS Srichakra Limited's Climate Goals (2030 & 2050)
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 Srichakra Limited 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.
