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Public Profile
Computer Services
IN
updated 3 months ago

Voltas Limited Sustainability Profile

Company website

Voltas Limited, a prominent player in the Indian engineering sector, is headquartered in Mumbai, India. Established in 1954, the company has carved a niche in the HVAC (heating, ventilation, and air conditioning) and refrigeration industries, alongside offering comprehensive electrical and mechanical solutions. With a strong presence across major operational regions in India and the Middle East, Voltas has consistently delivered innovative products and services. The company is renowned for its diverse range of air conditioning systems, commercial refrigeration, and water management solutions, distinguished by their energy efficiency and advanced technology. Voltas Limited has achieved significant milestones, including being a part of the Tata Group, which enhances its market credibility. With a robust market position, the company continues to lead in providing sustainable and reliable solutions, making it a trusted name in the industry.

DitchCarbon Score

How does Voltas 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.

23

Industry Average

Mean score of companies in the Computer 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.

31

Industry Benchmark

Voltas Limited's score of 23 is lower than 73% of the industry. This can give you a sense of how well the company is doing compared to its peers.

27%

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Voltas Limited's reported carbon emissions

In 2024, Voltas Limited reported total carbon emissions of approximately 7,562,000 kg CO2e for Scope 1 and about 8,353,000 kg CO2e for Scope 2, totalling around 15,915,000 kg CO2e. In 2023, the company recorded emissions of about 829,070 kg CO2e for Scope 1 and approximately 8,602,450 kg CO2e for Scope 2, resulting in a total of around 9,431,520 kg CO2e. Voltas has not disclosed any Scope 3 emissions data in recent reports. However, in 2021, the company reported Scope 1 emissions of approximately 113,290 kg CO2e, Scope 2 emissions of about 461,710 kg CO2e, and Scope 3 emissions related to business travel amounting to approximately 2,716,000 kg CO2e. Despite the significant emissions figures, Voltas Limited has not set specific reduction targets or climate pledges, as indicated by the absence of documented reduction initiatives or commitments to the Science Based Targets initiative (SBTi). The company’s emissions data is self-reported and does not appear to be cascaded from a parent organisation. Overall, Voltas Limited's emissions reflect its operational scale and the challenges faced in reducing carbon footprints within the HVAC industry. The company continues to monitor its emissions and may consider future commitments to enhance its sustainability efforts.

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20232024
Scope 1
829,070
0,000,000
Scope 2
8,602,450
0,000,000
Scope 3
-
-

How Carbon Intensive is Voltas Limited's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Voltas Limited's primary industry is Computer Services, which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is Voltas Limited's Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Voltas Limited is in IN, which has a very high grid carbon intensity relative to other regions.

Voltas Limited'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.

Voltas Limited 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare Voltas Limited's Emissions with Industry Peers

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Orient Electronics Co.,Ltd.

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Updated about 6 hours ago

Fujitsu General Limited

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Furniture; other manufactured goods n.e.c. (36)
Updated 12 days ago

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Where does DitchCarbon data come from?

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