Vardhman Special Steels
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.
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.
Industry Benchmark
Vardhman Special Steels's score of 11 is lower than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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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 company reported similar figures in 2023, with total emissions also around 166,333,000 kg CO2e, maintaining the same Scope 1 and Scope 2 emissions. The company has not disclosed any Scope 3 emissions data, indicating a potential area for future reporting and improvement. Vardhman Special Steels has not set specific reduction targets or climate pledges, which may limit its ability to demonstrate a proactive approach to climate commitments. The emissions intensity for 2024 was reported at about 730 kg CO2e per tonne of steel produced, while the previous year showed a slightly higher intensity of approximately 830 kg CO2e per tonne. This suggests a marginal improvement in emissions efficiency in steel production. Vardhman Special Steels operates independently without cascading emissions data from a parent company, indicating that its reported figures are solely based on its own operations. As the steel industry faces increasing scrutiny regarding carbon emissions, Vardhman Special Steels may benefit from establishing clear climate commitments and reduction targets to enhance its sustainability profile.
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| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 39,335,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 143,544,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Vardhman Special Steels is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
