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 24 is higher than 66% 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 2,000,000,000 kg CO2e, comprising 1,769,062,000 kg CO2e from Scope 1, 260,096,000 kg CO2e from Scope 2, and 1,202,951,000 kg CO2e from Scope 3 emissions. This data reflects a significant operational footprint, with a total revenue of about USD 2.08 billion. In 2023, emissions remained consistent, with Scope 1 emissions at 1,769,062,000 kg CO2e, Scope 2 at 260,096,000 kg CO2e, and Scope 3 at 1,202,951,000 kg CO2e, against a revenue of approximately USD 1.19 billion. Welspun's emissions intensity for Scope 1 and Scope 2 was reported at 0.0223 kg CO2e per rupee of turnover in 2024, indicating a focus on reducing emissions relative to revenue. However, there are currently no specific reduction targets or climate pledges disclosed by the company, which suggests a need for further commitment to climate action in line with industry standards. Overall, while Welspun has made strides in tracking and reporting emissions, the absence of defined reduction initiatives highlights an opportunity for enhanced climate commitments moving forward.
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| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Scope 1 | 84,460,000 | 0,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 51,806,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 106,252,000 | - | 0,000,000,000 | 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.
