Welspun Living Limited

Welspun Living Limited, a Textiles company headquartered in India, reported its most recent emissions for the 2025 financial year. The company's Scope 1 emissions were 256,451,000 kg CO2e, Scope 2 emissions were 465,706,000 kg CO2e, and Scope 3 emissions were 566,380,000 kg CO2e. For the 2024 financial year, Welspun Living Limited's Scope 1 emissions were 275,580,000 kg CO2e, Scope 2 emissions were 534,120,000 kg CO2e, and Scope 3 emissions were 493,258,000 kg CO2e. In 2023, the company reported Scope 1 emissions of 316,159,000 kg CO2e and Scope 2 emissions of 530,318,000 kg CO2e.

Welspun Living Limited has established several climate commitments. The company aims for carbon neutrality by increasing its renewable energy (RE) contribution, targeting 20% RE by 2025 and 100% RE by 2030. They have made progress, achieving 30.4% RE in FY2025.

The company has also set Science Based Targets initiative (SBTi) approved goals:

• Near-Term Targets: Welspun Living Limited commits to reduce absolute Scope 1 and Scope 2 GHG emissions by 58.8% by FY2034, from a FY2024 base year. They also commit to reduce absolute Scope 3 GHG 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 58.8% within the same timeframe.
• Long-Term Targets: Welspun Living Limited commits to reach net-zero greenhouse gas emissions across the entire value chain by FY2040. This includes reducing absolute Scope 1, 2, and 3 GHG emissions by 90% by FY2040 from a FY2024 base year.
• Renewable Electricity Goal: The company aims to increase active annual sourcing of renewable electricity from 2.8% in FY2024 to 100% by FY2030.