Vardhman Special Steels, a prominent player in the basic iron and steel industry, is headquartered in India and operates extensively across various regions. Founded in 1973, the company has established itself as a leader in the production of high-quality ferro-alloys and steel products, catering to diverse sectors such as automotive, construction, and engineering.
With a commitment to innovation and quality, Vardhman Special Steels offers a range of core products, including alloy steels, stainless steels, and special steel grades, which are distinguished by their superior performance and durability. The company’s strategic focus on research and development has enabled it to achieve significant milestones, solidifying its market position as a trusted supplier in the steel industry. Vardhman Special Steels continues to set benchmarks in quality and service, making it a preferred choice for clients seeking reliable steel solutions.
-4 vs industry average
Vardhman Special Steels’s score of 13 is lower than 37% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Iron and Steel Production is among the most carbon-intensive industries
Industry performance
The Iron and Steel Production industry has reduced its overall emissions by 27% since 2018
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Vardhman Special Steels's reported carbon emissions
Vardhman Special Steels Limited, an Indian company in the basic iron and steel industry, has reported its carbon emissions for the fiscal years 2024 and 2023. In fiscal year 2024, the company's Scope 1 emissions were approximately 36,774,000 kg CO2e, and Scope 2 emissions were approximately 129,559,000 kg CO2e. For fiscal year 2023, Scope 1 emissions stood at approximately 39,335,000 kg CO2e, with Scope 2 emissions at approximately 143,544,000 kg CO2e.
The company has not disclosed Scope 3 emissions data for these periods, noting missing data points for purchased goods and services. Vardhman Special Steels has not established specific reduction targets through SBTi or made public commitments like the Climate Pledge. However, the company does provide emission intensity data, indicating a Scope 1 and 2 emission intensity of about 730 tonnes CO2e per tonne of physical output in fiscal year 2024, and approximately 830 tonnes CO2e per tonne of physical output in fiscal year 2023. Additionally, the intensity per rupee of turnover adjusted for Purchasing Power Parity (PPP) was about 2.2e-07 in fiscal year 2024 and approximately 2.3e-07 in fiscal year 2023.
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Vardhman Special Steels’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Vardhman Special Steels yet.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Emissions comparison with industry peers
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Vardhman Special Steels
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