Finolex Industries Limited, a leading name in the Indian manufacturing sector, is headquartered in Pune, Maharashtra. Established in 1981, the company has carved a niche in the plastic and PVC pipe industry, becoming a trusted provider of high-quality products across various regions in India. Specialising in the production of PVC pipes, fittings, and electrical cables, Finolex is renowned for its commitment to innovation and quality. The company’s core offerings are distinguished by their durability and reliability, catering to diverse applications in agriculture, construction, and infrastructure. With a strong market presence, Finolex Industries has achieved significant milestones, including being one of the largest manufacturers of PVC pipes in India. Its dedication to excellence has solidified its position as a preferred choice among consumers and industry professionals alike.
How does Finolex Industries'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.
Mean score of companies in the 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.
Finolex Industries's score of 28 is higher than 85% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Finolex Industries reported total carbon emissions of approximately 411,517,000 kg CO2e. This figure includes Scope 1 emissions of about 659,000 kg CO2e, Scope 2 emissions of approximately 17,430,000 kg CO2e, and Scope 3 emissions of around 10,636,230.53 kg CO2e. For 2024, the company has projected Scope 1 emissions at about 4,243,000 kg CO2e, Scope 2 emissions at approximately 52,600,000 kg CO2e, and Scope 3 emissions of around 21,058,755.33 kg CO2e. Despite these figures, Finolex Industries has not disclosed specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of documented reduction strategies suggests a need for enhanced climate commitments within the industry context. Overall, while Finolex Industries has made strides in tracking emissions across all scopes, the lack of defined reduction targets indicates an opportunity for further engagement in climate action.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2022 | 2023 | 2024 | |
---|---|---|---|
Scope 1 | 323,265,000 | 000,000 | 0,000,000 |
Scope 2 | 46,346,000 | 00,000,000 | 00,000,000 |
Scope 3 | 369,612,000 | 00,000,000.00 | 00,000,000.00 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Finolex Industries is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.