Varroc Engineering Limited Sustainability Profile
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 lower than 52% 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 total carbon emissions of approximately 140,158,000 kg CO2e globally, comprising 7,214,000 kg CO2e from Scope 1 and 132,944,000 kg CO2e from Scope 2. In India, the company recorded emissions of about 85,600,000 kg CO2e, with 5,156,000 kg CO2e from Scope 1 and 79,944,000 kg CO2e from Scope 2. Varroc has set ambitious climate commitments, aiming for net zero emissions by 2050 across both Scope 1 and Scope 2 emissions. In the near term, the company achieved a reduction of 6.65% in Scope 1 emissions and 7.19% in Scope 2 emissions during the fiscal year 2023-24, reflecting its commitment to enhancing efficiency and adopting cleaner technologies. The emissions data is not cascaded from any parent organization, indicating that Varroc Engineering Limited independently reports its emissions and climate initiatives. The company continues to focus on integrating sustainable practices within its operations to meet its long-term climate goals.
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| 2023 | 2024 | |
|---|---|---|
| Scope 1 | 7,727,000 | 0,000,000 |
| Scope 2 | 127,095,000 | 000,000,000 |
| Scope 3 | - | - |
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Varroc Engineering Limited's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Varroc Engineering Limited has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
