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 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 45 is higher than 95% 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. In 2022, the company recorded total emissions of about 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 data indicates a trend of increasing emissions, particularly in Scope 3, which is critical for understanding the broader environmental impact of their operations. Welspun has committed to achieving net-zero emissions across all scopes by 2050, as part of their long-term climate strategy. This commitment aligns with the Science Based Targets initiative (SBTi), which they joined in 2022. The company has set a baseline year of 2023 for their emissions reduction efforts, aiming to implement strategies that will significantly lower their carbon footprint over the coming decades. Overall, while Welspun's emissions have shown an upward trend, their commitment to net-zero by 2050 reflects a proactive approach to addressing climate change and reducing their environmental impact in the textiles and apparel sector.
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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.
