Varroc Engineering Limited
Varroc Engineering Limited, a prominent player in the automotive components industry, is headquartered in India. Founded in 1988, the company has established a strong presence in key operational regions, including Europe, North America, and Asia. Specialising in the design and manufacturing of innovative lighting systems, electrical components, and polymer products, Varroc stands out for its commitment to quality and technological advancement. With a focus on delivering cutting-edge solutions, Varroc Engineering has achieved significant milestones, including strategic acquisitions that have bolstered its market position. The company is recognised for its robust product portfolio, which caters to both two-wheeler and four-wheeler segments, making it a trusted partner for leading automotive manufacturers worldwide.
DitchCarbon Score
How does Varroc Engineering Limited'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 Motor Vehicle Retail Services 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
Varroc Engineering Limited's score of 28 is higher than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Varroc Engineering Limited's reported carbon emissions
In 2024, Varroc Engineering Limited reported significant carbon emissions, with Scope 1 emissions totalling approximately 5,156,000 kg CO2e and Scope 2 emissions reaching about 79,944,000 kg CO2e in India. Globally, the company recorded Scope 1 emissions of around 7,214,000 kg CO2e and Scope 2 emissions of about 132,944,000 kg CO2e. The company has set ambitious climate commitments, aiming for net zero emissions by 2050 for both Scope 1 and Scope 2 emissions. In the near term, Varroc achieved a reduction of 6.65% in Scope 1 emissions and 7.19% in Scope 2 emissions during the fiscal year 2023-24, reflecting their commitment to enhancing operational efficiency and adopting cleaner technologies. These initiatives underscore Varroc Engineering Limited's proactive approach to addressing climate change and reducing its carbon footprint in the automotive components industry.
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| 2023 | 2024 | |
|---|---|---|
| Scope 1 | 7,727,000 | 0,000,000 |
| Scope 2 | 127,095,000 | 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.
Varroc Engineering Limited 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.
