Veedol India Sustainability Profile
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 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Veedol India's reported carbon emissions
In 2024, Veedol India reported total carbon emissions of approximately 1,388,000 kg CO2e, comprising 762,000 kg CO2e from Scope 1 and 1,328,000 kg CO2e from Scope 2. This marks an increase from 2023, when emissions were about 1,382,000 kg CO2e, with Scope 1 emissions at 419,000 kg CO2e and Scope 2 emissions at 963,000 kg CO2e. Veedol India has not disclosed any Scope 3 emissions data and currently has no specific reduction targets or climate pledges in place. The company’s emissions data is sourced directly from Veedol Corporation Limited, with no cascading from a parent or related organization. The reported emissions intensity for lubricating oil production is approximately 0.027 kg CO2e per kilolitre for 2024 and 0.0181 kg CO2e per kilolitre for 2023, indicating a focus on monitoring emissions relative to production output. As of now, Veedol India is positioned within the industry context of increasing scrutiny on carbon emissions, yet lacks formal commitments to reduction initiatives.
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 | - | - |
How Carbon Intensive is Veedol India's Industry?
How Carbon Intensive is Veedol India's Location?
Veedol India'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.
Veedol India 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.
