Veedol India
Veedol India, a prominent player in the lubricants industry, is headquartered in India and operates extensively across various regions. Founded in 1970, the company has established itself as a trusted name in the production of high-quality automotive and industrial lubricants. Veedol India offers a diverse range of products, including engine oils, gear oils, and specialty lubricants, known for their superior performance and reliability. With a commitment to innovation, Veedol India has achieved significant milestones, including the introduction of advanced formulations that meet international standards. The company is recognised for its strong market position, catering to both domestic and international clients. Veedol India's dedication to quality and customer satisfaction has solidified its reputation as a leader in the lubricants sector, making it a preferred choice for consumers and businesses alike.
DitchCarbon Score
How does Veedol India'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 Other 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
Veedol India's score of 18 is lower than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Veedol India's reported carbon emissions
In 2024, Veedol India reported total carbon emissions of approximately 1,088,000 kg CO2e, comprising 762,000 kg CO2e from Scope 1 and 1,328,000 kg CO2e from Scope 2 emissions. This represents a notable increase from 2023, where emissions were about 1,382,000 kg CO2e, with 419,000 kg CO2e from Scope 1 and 963,000 kg CO2e from Scope 2. Despite the increase in emissions, Veedol India has not disclosed any specific reduction targets or initiatives aimed at mitigating their carbon footprint. The absence of Scope 3 emissions data indicates a potential area for future reporting and improvement. The company’s emissions intensity metrics, such as 0.027 kg CO2e per kilolitre of lubricating oil produced in 2024, suggest ongoing efforts to monitor and manage emissions relative to production output. Overall, while Veedol India has made strides in emissions reporting, the lack of defined climate commitments or reduction targets highlights an opportunity for enhanced sustainability practices in the future.
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| 2023 | 2024 | |
|---|---|---|
| Scope 1 | 419,000 | 000,000 |
| Scope 2 | 963,000 | 0,000,000 |
| 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.
Veedol India 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.
