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 33 is higher than 83% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Welspun's reported carbon emissions
In 2023, Welspun reported carbon emissions of approximately 2,580,000 kg CO2e for Scope 1 and 257,839,000 kg CO2e for Scope 2. The company has shown a significant reduction in emissions from previous years, with Scope 1 emissions decreasing from about 344,082,000 kg CO2e in 2022 to 2,580,000 kg CO2e in 2023. However, Scope 2 emissions increased from 70,731,200 kg CO2e in 2022 to 257,839,000 kg CO2e in 2023. In 2024, Welspun's emissions are projected to be 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. This indicates a substantial increase in Scope 1 emissions, highlighting the need for ongoing monitoring and management of their carbon footprint. Welspun has not disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges, indicating a potential area for improvement in their climate commitments. The company’s emissions profile reflects a complex landscape of operational and supply chain emissions, necessitating a comprehensive approach to sustainability and carbon management.
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Access structured emissions data, company-specific emission factors, and source documents
Add to project| 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 committed to any reduction initiatives 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.
