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The Institute Of Cost Accountants Of India

Sustainability Report and Carbon Intensity Rankings

Is The Institute Of Cost Accountants Of India doing their part?

Their DitchCarbon score is 35

The Institute Of Cost Accountants Of India has a DitchCarbon Score of 35 out of 100, indicating a lower performance in sustainability measures. This score suggests a higher carbon intensity relative to more sustainable organizations. The company may need to implement more effective strategies to reduce its carbon footprint and improve its sustainability efforts.

This was calculated based on 30+ company specific emissions data points, the higher the score, the better. Check out our methodology.

Industry emissions intensity

Very low

Low

Medium

High

Very high

The Institute Of Cost Accountants Of India operates in the accounting industry, which has a very low carbon intensity ranking compared to other industries. Some industries are more damaging than others, this ranking gives you an indication of how carbon intensive the industry is which this company operates in.

Location emissions intensity

Very low

Low

Medium

High

Very high

The Institute Of Cost Accountants of India is situated in a region with a very high carbon intensity rating, indicating significant greenhouse gas emissions. This suggests that the company’s operations in India may face challenges in achieving sustainability goals due to the high environmental impact of the local energy grid.
8.69%

...this company is doing 8.69% worse in emissions than the industry average.

Founded in 1944 and statutorily established in 1959, The Institute of Cost Accountants of India is a premier professional body headquartered in Kolkata, specializing in Cost and Management Accountancy. It serves as the sole statutory organization in India for regulating and licensing the cost accountancy profession, offering services such as costing, pricing, and the verification of cost accounting statements. With regional councils in Kolkata, Chennai, Delhi, and Mumbai, the Institute plays a pivotal role in enhancing the management control tools and practices within India’s economic sectors.

Bad news, Institute of Cost Accountants yet to commit to SBTi

The Institute of Cost Accountants of India has not established any commitments with the Science Based Targets initiative (SBTi). This means the organization has yet to define or announce specific goals for reducing greenhouse gas emissions in line with climate science.

There’s always room for improvement,

DitchCarbon recommends...

The Institute Of Cost Accountants Of India should establish science-based targets for reducing their Scope 3 emissions, enhance transparency in their Scope 3 reporting, and encourage sustainability across their supply chain, which could potentially lower their emissions by 35%.
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Our methodology

Read about our emission calculation methodologies, and what the DitchCarbon Score means.