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 18 is higher than 80% 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 carbon emissions of approximately 36,774,000 kg CO2e for Scope 1 and about 129,559,000 kg CO2e for Scope 2. This represents a continued commitment to monitoring and managing their carbon footprint within the steel industry. In 2023, the company recorded Scope 1 emissions of around 39,335,000 kg CO2e and Scope 2 emissions of approximately 143,544,000 kg CO2e. The emissions intensity for Scope 1 and 2 combined was reported at about 830 kg CO2e per tonne of output. Comparatively, in 2022, Vardhman Special Steels had Scope 1 emissions of about 39,449,000 kg CO2e and Scope 2 emissions of approximately 131,854,000 kg CO2e. The company has not disclosed any specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges, indicating a potential area for future commitment. Overall, Vardhman Special Steels is actively engaged in tracking its carbon emissions, with a focus on reducing its environmental impact in the steel manufacturing sector.
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| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 39,449,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 131,854,000 | 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.
