Welspun
Welspun Group, a prominent player in the textile and manufacturing industry, is headquartered in Mumbai, India. Founded in 1985, the company has established itself as a leader in various sectors, including home textiles, steel, and infrastructure. With a strong presence in North America, Europe, and Asia, Welspun is renowned for its innovative products, particularly in the home textiles segment, where it offers a diverse range of bed and bath linens. The company’s commitment to quality and sustainability has earned it numerous accolades, positioning it as a trusted brand in the global market. Notable achievements include being one of the largest manufacturers of towels and bed linens worldwide. Welspun's unique approach to combining traditional craftsmanship with modern technology sets it apart, ensuring that it remains at the forefront of the industry.
DitchCarbon Score
How does Welspun'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 Furniture Manufacturing 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
Welspun's score of 35 is higher than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Welspun's reported carbon emissions
In 2024, Welspun reported significant carbon emissions, totalling approximately 1,769,062,000 kg CO2e for Scope 1, 260,096,000 kg CO2e for Scope 2, and 1,202,951,000 kg CO2e for Scope 3 emissions. This marked a notable increase in emissions compared to previous years, particularly in Scope 1 emissions, which rose from about 2,545,000 kg CO2e in 2023 and 344,082,000 kg CO2e in 2022. In 2023, Welspun's Scope 1 emissions were approximately 2,545,000 kg CO2e, while Scope 2 emissions reached about 257,839,000 kg CO2e. The company disclosed emissions across all three scopes, with Scope 3 emissions in 2022 reported at approximately 502,453,000 kg CO2e. Despite the increase in emissions, Welspun has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The company continues to monitor its emissions and report on its performance, aligning with industry standards for transparency in climate commitments.
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| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Scope 1 | 84,460,000 | 000,000,000 | 0,000,000 | 0,000,000,000 |
| Scope 2 | 51,806,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 106,252,000 | 000,000,000 | - | 0,000,000,000 |
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.
Welspun 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.
