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Public Profile
Iron and Steel Production
IN
updated 3 months ago

Vardhman Special Steels Sustainability Profile

Company website

Vardhman Special Steels, a prominent player in the Indian steel industry, is headquartered in Ludhiana, Punjab. Established in 1965, the company has carved a niche in manufacturing high-quality special steels, catering to diverse sectors such as automotive, engineering, and construction. With a commitment to innovation, Vardhman Special Steels offers a range of products, including alloy steels, carbon steels, and stainless steels, known for their superior strength and durability. Over the years, Vardhman has achieved significant milestones, including the implementation of advanced manufacturing processes and quality certifications that underscore its market position. The company’s dedication to excellence has earned it a reputation as a trusted supplier, making it a preferred choice for clients seeking reliable steel solutions in India and beyond.

DitchCarbon Score

How does Vardhman Special Steels'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.

11

Industry Average

Mean score of companies in the Iron and Steel Production 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.

14

Industry Benchmark

Vardhman Special Steels's score of 11 is lower than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.

39%

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Vardhman Special Steels's reported carbon emissions

In 2024, Vardhman Special Steels reported total carbon emissions of approximately 166,333,000 kg CO2e, comprising 36,774,000 kg CO2e from Scope 1 and 129,559,000 kg CO2e from Scope 2. This data reflects a consistent emission pattern, as the previous year, 2023, also recorded similar figures with Scope 1 emissions at 36,774,000 kg CO2e and Scope 2 emissions at 129,559,000 kg CO2e, resulting in a total of about 166,333,000 kg CO2e. In 2022, the company’s emissions were slightly higher, with Scope 1 at 39,335,000 kg CO2e and Scope 2 at 143,544,000 kg CO2e, leading to total emissions of approximately 182,879,000 kg CO2e. This indicates a reduction in emissions from 2022 to 2023, and again from 2023 to 2024. Vardhman Special Steels has not set specific reduction targets or climate pledges, nor does it report any Scope 3 emissions. The company’s emissions data is self-reported and does not cascade from any parent organisation. The focus remains on managing and reporting its direct and indirect emissions through Scopes 1 and 2, with an emphasis on improving operational efficiency in the steel production process.

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202220232024
Scope 1
39,335,000
00,000,000
00,000,000
Scope 2
143,544,000
000,000,000
000,000,000
Scope 3
-
-
-

How Carbon Intensive is Vardhman Special Steels's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Vardhman Special Steels's primary industry is Iron and Steel Production, which is high in terms of carbon intensity compared to other industries.

How Carbon Intensive is Vardhman Special Steels's Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Vardhman Special Steels is in IN, which has a very high grid carbon intensity relative to other regions.

Vardhman Special Steels'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.

Vardhman Special Steels 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare Vardhman Special Steels's Emissions with Industry Peers

Modern Steels Limited

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Basic iron and steel and of ferro-alloys and first products thereof
Updated 22 days ago

Adhunik Metaliks Limited

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Basic iron and steel and of ferro-alloys and first products thereof
Updated about 1 month ago

Jfe

JP
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Basic iron and steel and of ferro-alloys and first products thereof
Updated 3 days ago

Tata Steel Limited

IN
•
Basic iron and steel and of ferro-alloys and first products thereof
Updated 3 days ago

Arcelormittal

LU
•
Basic iron and steel and of ferro-alloys and first products thereof
Updated 3 days ago

Nippon Steel

JP
•
Basic iron and steel and of ferro-alloys and first products thereof
Updated 9 days ago

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