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Textile Manufacturing
IN
updated 3 months ago

Welspun Living Sustainability Profile

Company website

Welspun Living, a prominent player in the home textiles industry, is headquartered in India and operates extensively across key global markets. Founded in 1985, the company has established itself as a leader in manufacturing high-quality bed and bath linens, offering a diverse range of products that blend innovation with sustainability. With a commitment to excellence, Welspun Living is renowned for its unique offerings, including eco-friendly textiles and advanced manufacturing techniques that set it apart from competitors. The company has achieved significant milestones, including partnerships with major retailers and recognition for its sustainable practices. As a trusted name in home textiles, Welspun Living continues to enhance its market position through a focus on quality, design, and customer satisfaction.

DitchCarbon Score

How does Welspun Living'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.

15

Industry Average

Mean score of companies in the Textile 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.

17

Industry Benchmark

Welspun Living's score of 15 is lower than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.

37%

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Welspun Living's reported carbon emissions

In 2023, Welspun Living reported total carbon emissions of approximately 1.56 billion kg CO2e. This figure includes Scope 1 emissions of about 316.2 million kg CO2e, Scope 2 emissions of approximately 530.3 million kg CO2e, and Scope 3 emissions totalling around 714.3 million kg CO2e. The Scope 3 emissions breakdown reveals significant contributions from purchased goods and services (about 340.8 million kg CO2e) and the use of sold products (approximately 93.1 million kg CO2e). Comparatively, in 2022, the total emissions were about 1.65 billion kg CO2e, with Scope 1 at approximately 344.1 million kg CO2e and Scope 2 at around 707.3 million kg CO2e. This indicates a slight reduction in total emissions year-on-year. Welspun Living has not publicly disclosed specific reduction targets or initiatives, nor does it appear to have cascaded data from a parent organisation. The company is currently not aligned with any Science-Based Targets initiative (SBTi) or similar climate pledges. Overall, while Welspun Living has made strides in reporting its emissions, further commitments and reduction strategies would enhance its climate action profile.

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2020202120222023
Scope 1
299,317,000
000,000,000
000,000,000
000,000,000
Scope 2
547,637,000
000,000,000
000,000,000
000,000,000
Scope 3
-
-
-
000,000,000

How Carbon Intensive is Welspun Living's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Welspun Living's primary industry is Textile Manufacturing, which is medium in terms of carbon intensity compared to other industries.

How Carbon Intensive is Welspun Living's Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Welspun Living is in IN, which has a very high grid carbon intensity relative to other regions.

Welspun Living's Scope 3 Categories Breakdown

A significant portion of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 46% of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 48% of Scope 3 emissions.

Top Scope 3 Categories

2023
Purchased Goods and Services
48%
Use of Sold Products
13%
End-of-Life Treatment of Sold Products
8%

Welspun Living'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 Living 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

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