Welspun Living Limited Sustainability Profile
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.
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.
Industry Benchmark
Welspun Living Limited's score of 41 is higher than 68% 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 Living Limited's reported carbon emissions
In 2024, Welspun Living Limited reported total greenhouse gas emissions of approximately 275,580,000 kg CO2e for Scope 1, 534,120,000 kg CO2e for Scope 2, and 686,182,000 kg CO2e for Scope 3 emissions. The combined total for Scope 1 and 2 emissions was about 809,700,000 kg CO2e. This data reflects a comprehensive approach to emissions reporting, including all relevant scopes. Welspun Living has set ambitious climate commitments, aiming for net-zero greenhouse gas emissions across its entire value chain by FY2040. The company has established near-term targets to reduce absolute Scope 1 and 2 emissions by 58.8% by FY2034, using FY2024 as the baseline year. Additionally, it aims to achieve a similar reduction in Scope 3 emissions, which encompass emissions from purchased goods and services, fuel- and energy-related activities, and the end-of-life treatment of sold products. The company is also committed to increasing 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 designed to keep global warming below 1.5°C. Welspun Living's emissions data and climate commitments are cascaded from its parent organization, ensuring a unified approach to sustainability across its corporate family. The company is actively working towards these goals, demonstrating a strong commitment to reducing its carbon footprint in the textiles, apparel, footwear, and luxury goods sector.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| 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 |
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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.
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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.
Frequently Asked Questions
Common questions about Welspun Living Limited's sustainability data and climate commitments