Vedant Fashions Limited, headquartered in India, is a prominent player in the ethnic apparel industry, specialising in traditional and contemporary Indian wear. Founded in 2002, the company has established itself as a leader in the market, particularly in regions such as Maharashtra and Gujarat. With a diverse portfolio that includes sarees, lehengas, and sherwanis, Vedant Fashions is renowned for its exquisite craftsmanship and innovative designs that cater to a wide range of customers. The brand's commitment to quality and authenticity has garnered a loyal customer base, positioning it as a trusted name in ethnic fashion. Notable achievements include significant growth in online retail and collaborations with various designers, further solidifying its market presence. Vedant Fashions continues to set trends while celebrating the rich heritage of Indian textiles.
How does Vedant Fashions 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.
Mean score of companies in the Retail Trade 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.
Vedant Fashions Limited's score of 4 is higher than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Vedant Fashions Limited reported total carbon emissions of approximately 677,750 kg CO2e, comprising 25,980 kg CO2e from Scope 1 and 651,770 kg CO2e from Scope 2. This marked a reduction in Scope 1 emissions from 43,770 kg CO2e in 2022, while Scope 2 emissions increased from 471,250 kg CO2e in the previous year. For 2024, the company anticipates further emissions of about 822,250 kg CO2e, with Scope 1 emissions projected at 25,060 kg CO2e and Scope 2 emissions at 797,190 kg CO2e. Despite these figures, Vedant Fashions has not established specific reduction targets or climate pledges, indicating a potential area for improvement in their sustainability strategy. The company has reported emission intensities of 5.0e-08 kg CO2e per rupee of turnover and 0.5 kg CO2e per square foot of physical output for 2023, which remained consistent into 2024. Overall, while Vedant Fashions Limited is actively monitoring its carbon footprint, the absence of defined reduction initiatives suggests a need for enhanced climate commitments moving forward.
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Add to project2022 | 2023 | 2024 | |
---|---|---|---|
Scope 1 | 43,770 | 00,000 | 00,000 |
Scope 2 | 471,250 | 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.
Vedant Fashions Limited is not committed to any reduction initiatives 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.