Usha Martin
Usha Martin Limited, a prominent player in the wire rope industry, is headquartered in India and operates extensively across various regions, including Europe, North America, and Asia. Founded in 1960, the company has established itself as a leader in manufacturing high-quality wire ropes and related products, catering to diverse sectors such as construction, mining, and oil and gas. Usha Martin's core offerings include a wide range of wire ropes, specialty ropes, and steel products, distinguished by their durability and innovative design. The company has achieved significant milestones, including ISO certifications and a strong global presence, positioning itself as a trusted supplier in the market. With a commitment to quality and customer satisfaction, Usha Martin continues to set benchmarks in the industry, making it a preferred choice for clients worldwide.
DitchCarbon Score
How does Usha Martin'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 Furniture 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
Usha Martin's score of 26 is lower than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Usha Martin's reported carbon emissions
In 2023, Usha Martin reported total carbon emissions of approximately 178,742,990 kg CO2e from Scope 1, 21,135,650 kg CO2e from Scope 2, and 83,181,000 kg CO2e from Scope 3, resulting in a combined total of about 283,059,640 kg CO2e. This reflects a slight increase in Scope 1 emissions compared to 2022, where they were approximately 172,555,080 kg CO2e, while Scope 2 emissions also rose from 20,282,970 kg CO2e in 2022. The company has demonstrated a commitment to reducing its carbon footprint, achieving a GHG emissions intensity of 0.00979 kg CO2e per unit of revenue in 2023, down from 0.01065 kg CO2e in 2022. However, Usha Martin has not set specific reduction targets or climate pledges, indicating a potential area for improvement in their climate strategy. In 2024, Usha Martin's emissions are projected to increase further, with Scope 1 emissions expected to reach approximately 212,842,620 kg CO2e, and Scope 2 emissions at about 19,876,660 kg CO2e. The Scope 3 emissions are anticipated to be significantly higher at approximately 185,805,020 kg CO2e, highlighting the need for comprehensive strategies to address emissions across all scopes. Overall, while Usha Martin has made strides in emissions intensity, the lack of formal reduction targets suggests an opportunity for enhanced climate commitments moving forward.
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Add to project| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Scope 1 | 289,845,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 11,313,315 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 59,531,000 | 00,000,000 | 00,000,000 | 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.
Usha Martin is not committed to any 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.
