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.
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.
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.
Veedol India's score of 3 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Veedol India reported a total emissions intensity of approximately 2.0e-09 kg CO2e per rupee of turnover, adjusted for Purchasing Power Parity (PPP), and an emissions intensity of about 0.0181 kg CO2e per kilolitre (KL) of lubricating oil produced. For 2024, the emissions intensity per rupee of turnover increased to approximately 3.0e-09 kg CO2e, while the emissions intensity for lubricating oil production rose to about 0.027 kg CO2e per KL. Currently, Veedol India has not disclosed specific reduction targets or initiatives related to carbon emissions. The absence of defined climate commitments suggests that the company may be in the early stages of developing a comprehensive climate strategy. As the industry increasingly focuses on sustainability, Veedol India may need to establish clear goals to align with global climate action efforts.
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.