Welspun
Welspun Group, a prominent player in the textile and home furnishings industry, is headquartered in India. Founded in 1985, the company has established a strong presence in major operational regions, including North America, Europe, and Asia. Welspun is renowned for its innovative products in home textiles, particularly bed and bath linens, which are distinguished by their quality and sustainability. With a commitment to excellence, Welspun has achieved significant milestones, including being one of the largest manufacturers of towels and bed sheets globally. The company’s focus on advanced technology and eco-friendly practices has positioned it as a leader in the market. Notable achievements include partnerships with leading global retailers, underscoring its reputation for reliability and innovation in the textile sector.
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 Apparel Production 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 28 is higher than 93% 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 India Limited reported total carbon emissions of approximately 1,605,847,000 kg CO2e, comprising 314,802,000 kg CO2e from Scope 1, 496,417,000 kg CO2e from Scope 2, and 794,628,000 kg CO2e from Scope 3 emissions. This marked a significant increase in emissions compared to previous years, particularly in Scope 3, which reflects the emissions from the entire value chain. Welspun has committed to achieving net-zero emissions across all scopes by 2050, aligning with the Science Based Targets initiative (SBTi). The company has set a long-term target to reduce its carbon footprint, starting from 2023. This commitment underscores its dedication to sustainability within the textiles, apparel, footwear, and luxury goods sector. In 2022, Welspun's emissions were reported at approximately 1,649,464,000 kg CO2e, with Scope 1 emissions at 344,082,000 kg CO2e, Scope 2 at 707,312,000 kg CO2e, and Scope 3 at 598,072,000 kg CO2e. The company has shown a proactive approach to addressing its carbon emissions, although the increase in 2023 highlights the ongoing challenges in reducing emissions effectively. Overall, Welspun's climate commitments reflect a strategic focus on sustainability, aiming to mitigate its environmental impact while navigating the complexities of the textile industry.
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Add to project| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 32,121,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 24,400,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | - | 000,000,000 | 000,000,000 | 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 committed to some 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.
