Indigo Paints
Indigo Paints, officially known as Indigo Paints Pvt. Ltd., is a prominent player in the Indian decorative paints industry, headquartered in Pune, Maharashtra. Founded in 2000, the company has rapidly established itself as a key competitor, particularly in the southern and western regions of India. Specialising in a diverse range of products, including interior and exterior emulsions, enamels, and wood finishes, Indigo Paints is recognised for its innovative formulations and vibrant colour palettes. The brand's commitment to quality and sustainability sets it apart in a crowded market. With significant milestones such as its successful IPO in 2021, Indigo Paints has solidified its position as one of the fastest-growing paint companies in India, earning accolades for its customer-centric approach and cutting-edge technology in paint manufacturing.
DitchCarbon Score
How does Indigo Paints'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 Chemicals 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
Indigo Paints's score of 21 is lower than 74% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Indigo Paints's reported carbon emissions
In 2024, Indigo Paints reported total carbon emissions of approximately 33,094,000 kg CO2e, with emissions distributed across Scope 1, Scope 2, and Scope 3. Specifically, Scope 1 emissions were about 29,450 kg CO2e, while Scope 2 emissions totalled approximately 4,620,000 kg CO2e. The majority of emissions came from Scope 3, which accounted for about 33,094,000 kg CO2e. Comparatively, in 2023, the company recorded total emissions of around 26,507,000 kg CO2e, with Scope 1 emissions at approximately 38,130 kg CO2e and Scope 2 emissions at about 4,522,550 kg CO2e. This indicates a significant increase in emissions from 2023 to 2024. Indigo Paints has committed to near-term climate targets, although specific reduction targets have not been disclosed. The company is not currently committed to a net-zero target. Their emissions intensity per rupee of turnover for Scope 1 and Scope 2 was reported at approximately 0.0000371 kg CO2e in 2024, reflecting their ongoing efforts to manage emissions relative to revenue. Overall, Indigo Paints is actively monitoring its carbon footprint and has made commitments towards climate action, aligning with industry standards in the chemicals sector.
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| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 37,960 | 00,000 | 00,000 |
| Scope 2 | 4,066,550 | 0,000,000 | 0,000,000 |
| Scope 3 | 26,507,000 | 00,000,000 | 00,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
Indigo Paints 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.
