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.
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.
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.
Vardhman Special Steels's score of 11 is higher than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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 represents a slight decrease in emissions intensity compared to 2023, where the total emissions were also about 166,333,000 kg CO2e, with the same breakdown between Scope 1 and Scope 2 emissions. The company has not disclosed any Scope 3 emissions data, indicating a focus on direct and indirect emissions from their operations and energy use. Vardhman Special Steels has not set specific reduction targets or climate pledges, which may limit their ability to demonstrate a proactive approach to climate commitments. Overall, while Vardhman Special Steels has made strides in managing their emissions, the absence of formal reduction initiatives or targets suggests an opportunity for further engagement in climate action within the steel industry.
Access structured emissions data, company-specific emission factors, and source documents
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 | - | - | - |
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.