Usha Martin Sustainability Profile
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 24 is lower than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Usha Martin's reported carbon emissions
In 2024, Usha Martin's total carbon emissions in India amounted to approximately 243,016,000 kg CO2e, comprising 187,662,000 kg CO2e from Scope 1, 21,106,000 kg CO2e from Scope 2, and 242,197,000 kg CO2e from Scope 3 emissions. The previous year, 2023, saw emissions of about 182,727,000 kg CO2e from Scope 3, alongside 171,921,000 kg CO2e from Scope 1 and 19,877,000 kg CO2e from Scope 2. Usha Martin has set ambitious climate commitments, aiming for a 10% reduction in energy consumption by FY25 from a FY23 baseline, specifically targeting Scope 2 emissions. Furthermore, the company has outlined a long-term goal of achieving approximately 50% GHG emission reduction by FY31, using FY24 as the baseline year. These initiatives reflect Usha Martin's commitment to sustainability and reducing its carbon footprint across all scopes of emissions. The emissions data is not cascaded from any parent organization, indicating that Usha Martin Limited independently reports its carbon emissions and climate strategies.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 289,845,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 11,468,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 59,531,000 | - | 000,000,000 |
How Carbon Intensive is Usha Martin's Industry?
How Carbon Intensive is Usha Martin's Location?
Usha Martin'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.
Usha Martin 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.
