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 11 is lower than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Veedol India's reported carbon emissions
In 2024, Veedol India reported total carbon emissions of approximately 1,328,000 kg CO2e from Scope 2 and 762,000 kg CO2e from Scope 1, resulting in a combined total of about 2,090,000 kg CO2e. The previous year, 2023, saw emissions of approximately 963,000 kg CO2e from Scope 2 and 419,000 kg CO2e from Scope 1, totalling around 1,382,000 kg CO2e. Veedol India has disclosed emissions data for Scope 1 and Scope 2 but has not provided information on Scope 3 emissions. The company has not set specific reduction targets or climate pledges, indicating a potential area for future commitment. The emissions intensity for Scope 1 and Scope 2 per rupee of turnover was reported at approximately 0.000000130 (1.3e-10) in 2024, and 0.000000090 (9.0e-11) in 2023, reflecting a slight increase in emissions intensity relative to revenue. Additionally, the emissions intensity in terms of physical output for lubricating oil was approximately 0.027 KL in 2024 and 0.0181 KL in 2023. Overall, while Veedol India has made strides in disclosing its emissions, the absence of reduction targets highlights an opportunity for enhanced climate action and commitment to sustainability.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 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 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.
