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 26 is lower than 51% 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 total carbon emissions of approximately 1,769,062,000 kg CO2e for Scope 1 and 260,096,000 kg CO2e for Scope 2 globally. This data reflects a commitment to transparency in emissions reporting, although no Scope 3 emissions data was disclosed for this year. In 2023, the company recorded Scope 1 emissions of about 2,545,000 kg CO2e and Scope 2 emissions of approximately 257,839,000 kg CO2e, alongside Scope 3 emissions of around 1,202,951,000 kg CO2e. This indicates a significant reliance on upstream emissions, which are critical for understanding the full impact of their operations. Welspun has not set specific science-based targets (SBTi) for emissions reduction, nor have they made formal climate pledges. However, they continue to report their emissions data, which is essential for tracking progress and accountability in their climate commitments. The emissions data is not cascaded from any parent organization, ensuring that the figures are directly reflective of Welspun's own operations. Overall, while Welspun has made strides in emissions reporting, the absence of reduction targets highlights an area for potential improvement in their climate strategy.
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| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Scope 1 | 84,460,000 | 0,000,000 | 0,000,000 | 0,000,000,000 |
| Scope 2 | 51,806,000 | 00,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | 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.
