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 51% 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 reported total greenhouse gas (GHG) emissions of approximately 243,016,000 kg CO2e, with emissions distributed across various scopes: 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. The company has set ambitious climate commitments, aiming for a 10% reduction in energy consumption by FY25 from a FY23 baseline, and a long-term target of approximately 50% GHG emission reduction by FY31 from the FY24 baseline. In 2023, Usha Martin's emissions were reported as 212,842,620 kg CO2e for Scope 1, 19,876,660 kg CO2e for Scope 2, and 185,805,020 kg CO2e for Scope 3. The GHG emissions intensity for Scope 1 and Scope 2 was approximately 1,250 kg CO2e per tonne of output. The company has not disclosed specific Scope 3 emissions data for all years but has provided detailed breakdowns for 2024, indicating significant contributions from purchased goods and services, upstream transportation, and waste generated in operations. Usha Martin's climate strategy reflects a commitment to sustainability and aligns with industry standards for emissions reduction.
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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.
