Usha Martin

Usha Martin's reported carbon emissions

Usha Martin, headquartered in India and operating in the furniture and other manufactured goods sector, has reported its carbon emissions and set climate commitments. For the fiscal year 2024, Usha Martin's total emissions, encompassing Scope 1, 2, and 3, amounted to approximately 451,784,000 kg CO2e. This figure breaks down into Scope 1 emissions of about 187,662,000 kg CO2e, Scope 2 emissions of approximately 21,106,000 kg CO2e, and Scope 3 emissions of roughly 243,016,000 kg CO2e. Within Scope 3, purchased goods and services contributed about 105,543,000 kg CO2e, fuel and energy-related activities accounted for approximately 68,282,000 kg CO2e, and upstream transportation and distribution was around 60,215,000 kg CO2e. In fiscal year 2023, the company reported total emissions of approximately 374,525,000 kg CO2e. This included Scope 1 emissions of about 171,921,000 kg CO2e, Scope 2 emissions of around 19,877,000 kg CO2e, and Scope 3 emissions of roughly 182,727,000 kg CO2e. Usha Martin has established a long-term goal to achieve approximately 50% reduction in GHG emissions by fiscal year 2031, using fiscal year 2024 as a baseline. Furthermore, the company aims to reduce its energy consumption by 10% by fiscal year 2025, with fiscal year 2023 serving as the baseline. This near-term target specifically addresses Scope 2 emissions.