Welspun Enterprises Limited Sustainability Profile
Welspun Enterprises Limited, a prominent player in the infrastructure and manufacturing sectors, is headquartered in India. Founded in 1995, the company has established a strong presence in various operational regions, focusing on key areas such as steel, textiles, and infrastructure development. Welspun is renowned for its innovative products, including high-quality pipes and textiles, which are distinguished by their durability and advanced technology. The company has achieved significant milestones, including recognition for its sustainable practices and commitment to quality. With a robust market position, Welspun Enterprises Limited continues to lead in its industry, driven by a vision of excellence and a dedication to delivering value to its stakeholders.
DitchCarbon Score
How does Welspun Enterprises Limited'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 Construction Work 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 Enterprises Limited's score of 26 is higher than 53% 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 Enterprises Limited's reported carbon emissions
In 2024, Welspun Enterprises Limited reported total carbon emissions of approximately 763.5 million kg CO2e. This figure includes Scope 1 emissions of about 2.98 million kg CO2e, Scope 2 emissions of approximately 29.1 million kg CO2e, and Scope 3 emissions amounting to around 731.5 million kg CO2e. The Scope 3 emissions breakdown reveals significant contributions from purchased goods and services (approximately 490.2 million kg CO2e) and upstream transportation and distribution (about 233.6 million kg CO2e). Welspun Enterprises has not publicly disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. However, the company is actively engaged in sustainability practices, as evidenced by their emissions data and reporting efforts. The emissions data is not cascaded from any parent organization, indicating that it is independently reported by Welspun Enterprises Limited. In 2023, the company reported total emissions of approximately 33.9 million kg CO2e, with Scope 1 emissions at about 6.27 million kg CO2e and Scope 2 emissions around 27.6 million kg CO2e. This indicates a significant increase in emissions from 2023 to 2024, particularly in Scope 3 emissions. Overall, Welspun Enterprises Limited is focused on understanding and managing its carbon footprint, although specific reduction commitments remain unspecified.
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| 2023 | 2024 | |
|---|---|---|
| Scope 1 | 6,267,000 | 0,000,000 |
| Scope 2 | 27,624,000 | 00,000,000 |
| Scope 3 | - | 000,000,000 |
How Carbon Intensive is Welspun Enterprises Limited's Industry?
How Carbon Intensive is Welspun Enterprises Limited's Location?
Welspun Enterprises Limited's Scope 3 Categories Breakdown
Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 67% of Scope 3 emissions.
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Welspun Enterprises Limited's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Welspun Enterprises Limited has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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