Godrej Agrovet Limited, a prominent player in the agribusiness sector, is headquartered in India and operates extensively across various regions, including Maharashtra, Gujarat, and Punjab. Founded in 1991, the company has established itself as a leader in animal feed, crop protection, and oil palm cultivation, contributing significantly to India's agricultural landscape. With a diverse portfolio that includes high-quality animal feed, innovative crop protection solutions, and sustainable oil palm products, Godrej Agrovet stands out for its commitment to research and development. The company has achieved notable milestones, such as being one of the largest manufacturers of animal feed in India, reinforcing its market position. Through its focus on sustainability and quality, Godrej Agrovet continues to drive advancements in the agricultural industry, making a lasting impact on farmers and consumers alike.
How does Godrej Agrovet'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 Business 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.
Godrej Agrovet's score of 22 is lower than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Godrej Agrovet reported significant carbon emissions in India, totalling approximately 1,449,000 kg CO2e for Scope 1, 42,796,000 kg CO2e for Scope 2, and a substantial 1,287,244,000 kg CO2e for Scope 3 emissions. This data highlights the company's extensive carbon footprint, particularly in Scope 3, which encompasses emissions from the entire value chain. Godrej Agrovet has set ambitious climate commitments, aiming to reduce absolute Scope 1 and 2 greenhouse gas emissions by 37.5% by FY2035, using FY2020 as the baseline. Additionally, the company targets a 16% reduction in absolute Scope 3 emissions, which includes emissions from purchased goods and services, upstream transportation, and downstream distribution, also by FY2035. These targets align with industry standards for climate action and demonstrate a commitment to sustainable practices in agricultural production. The company's emissions intensity for Scope 1 and 2 is reported at about 25.0 tonnes CO2e per unit of revenue, indicating a focus on improving efficiency alongside emissions reductions. Godrej Agrovet's initiatives reflect a proactive approach to addressing climate change and reducing its environmental impact within the agricultural sector.
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.
Godrej Agrovet is participating in some of the initiatives that 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.