TVS Srichakra Limited
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 18 is lower than 66% 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 2023, TVS Srichakra Limited reported total carbon emissions of approximately 181,225,000 kg CO2e, comprising 154,736,000 kg CO2e from Scope 1 and 27,049,000 kg CO2e from Scope 2. In 2022, the company had similar emissions, with Scope 1 at 155,308,000 kg CO2e and Scope 2 at 28,289,000 kg CO2e, indicating a slight decrease in overall emissions year-on-year. Despite these figures, TVS Srichakra 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 improvement in their climate strategy. The company is committed to sustainability, as evidenced by their annual sustainability reports, but further details on specific climate pledges or targets are not available. Overall, while TVS Srichakra Limited has made strides in tracking their emissions, the lack of defined reduction goals highlights an opportunity for enhanced climate action in the future.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 155,308,000 | 000,000,000 |
| Scope 2 | 28,289,000 | 00,000,000 |
| Scope 3 | - | - |
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 Srichakra 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.
