Wheels India Limited Sustainability Profile
Wheels India Limited, a prominent player in the automotive components industry, is headquartered in Chennai, India. Established in 1968, the company has evolved into a leading manufacturer of steel wheels and other automotive products, catering to both commercial and passenger vehicles. With a strong presence across major operational regions in India, Wheels India has consistently delivered innovative solutions that meet the diverse needs of its clients. The company’s core offerings include a wide range of steel wheels, alloy wheels, and other related components, distinguished by their quality and durability. Wheels India Limited has achieved significant milestones, including collaborations with major automotive manufacturers, solidifying its market position as a trusted supplier. With a commitment to excellence and sustainability, Wheels India continues to drive advancements in the automotive sector, making it a key player in the industry.
DitchCarbon Score
How does Wheels India 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 Motor Vehicle Retail Services 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
Wheels India Limited's score of 16 is lower than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Wheels India Limited's reported carbon emissions
In 2024, Wheels India Limited reported total carbon emissions of approximately 25,108,000 kg CO2e for Scope 1 and about 70,785,000 kg CO2e for Scope 2. This reflects a slight increase in emissions compared to 2023, where Scope 1 emissions were about 24,931,000 kg CO2e and Scope 2 emissions were approximately 64,660,000 kg CO2e. The company has disclosed emissions data for both Scope 1 and Scope 2 but has not reported any Scope 3 emissions. Wheels India Limited has not set specific reduction targets or initiatives as part of their climate commitments, nor have they engaged with frameworks such as the Science Based Targets initiative (SBTi). The company’s emissions intensity, measured in terms of revenue, is approximately 0.002081 kg CO2e per crore rupees for 2024, and the same metric for 2023 was about 0.002068 kg CO2e per crore rupees. Overall, while Wheels India Limited has made strides in transparency regarding their emissions, they currently lack defined reduction targets or significant climate pledges.
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| 2023 | 2024 | |
|---|---|---|
| Scope 1 | 24,931,000 | 00,000,000 |
| Scope 2 | 64,660,000 | 00,000,000 |
| Scope 3 | - | - |
How Carbon Intensive is Wheels India Limited's Industry?
How Carbon Intensive is Wheels India Limited's Location?
Wheels India 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.
Wheels India 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.
