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Textile Manufacturing
IN
updated 4 months ago

Welspun Living Limited Sustainability Profile

Company website

Welspun Living Limited, 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. Welspun Living is renowned for its commitment to quality and design, utilising advanced technology and eco-friendly practices to create unique textiles that cater to both residential and commercial sectors. With a strong market position, the company has achieved significant milestones, including partnerships with leading retailers worldwide. Its dedication to excellence and customer satisfaction continues to set Welspun Living apart in the competitive landscape of home furnishings.

DitchCarbon Score

How does Welspun Living 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.

41

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 Limited's score of 41 is higher than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.

67%

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Welspun Living Limited's reported carbon emissions

In 2024, Welspun Living Limited reported total greenhouse gas emissions of approximately 1.5 billion kg CO2e. This figure includes 275,580,000 kg CO2e from Scope 1, 534,120,000 kg CO2e from Scope 2, and 686,182,000 kg CO2e from Scope 3 emissions. The company has set ambitious climate commitments, aiming for net-zero emissions across its entire value chain by FY2040. For near-term targets, Welspun Living Limited has committed to reducing absolute Scope 1 and 2 GHG emissions by 58.8% by FY2034, using FY2024 as the base year. Additionally, it plans to reduce Scope 3 emissions from purchased goods and services, fuel- and energy-related activities, use of sold products, end-of-life treatment of sold products, and investments by the same percentage within the same timeframe. The company also aims to increase its sourcing of renewable electricity from 2.8% in FY2024 to 100% by FY2030. These targets are aligned with the Science Based Targets initiative (SBTi) and are classified under the 1.5°C pathway, demonstrating Welspun Living Limited's commitment to significant emissions reductions in line with global climate goals.

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201920202021202220232024
Scope 1
322,769,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
Scope 2
562,748,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
Scope 3
-
-
-
-
-
000,000,000

How Carbon Intensive is Welspun Living Limited's Industry?

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

How Carbon Intensive is Welspun Living Limited'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 Limited is in IN, which has a very high grid carbon intensity relative to other regions.

Welspun Living Limited'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 "Investments" being the largest emissions source at 42% of Scope 3 emissions.

Top Scope 3 Categories

2024
Investments
42%
Purchased Goods and Services
20%
Use of Sold Products
13%
End-of-Life Treatment of Sold Products
9%
Downstream Transportation & Distribution
8%
Fuel and Energy Related Activities
4%
Upstream Transportation & Distribution
3%
Employee Commuting
<1%
Business Travel
<1%
Waste Generated in Operations
<1%

Welspun Living 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 Living Limited has established climate goals through participation in recognized frameworks and target-setting initiatives. 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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Frequently Asked Questions

Common questions about Welspun Living Limited's sustainability data and climate commitments

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