Reliance Industries Limited, commonly referred to as Reliance, is a prominent player in the Other Business Services sector, headquartered in Mumbai, India. Founded in 1960, the company has evolved significantly, expanding its operations across various regions, including telecommunications, retail, and petrochemicals.
Reliance is renowned for its diverse portfolio, which includes core products and services such as Jio telecommunications, Reliance Retail, and refining and petrochemical operations. These offerings are distinguished by their innovation and commitment to quality, positioning Reliance as a leader in the Indian market.
With notable achievements, including being one of the largest companies in India by market capitalisation, Reliance continues to drive growth and transformation in the business landscape, making it a key player in the global arena.
+9 vs industry average
Reliance Industries’s score of 42 is higher than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Business Services is among the least carbon-intensive industries
Industry performance
The Business Services industry has reduced its overall emissions by 25% since 2018
Emissions trajectory 2020 – 2028
Reported emissions
Scope 3 accounts for ••• of total emissions.
Reliance Industries's reported carbon emissions
Reliance Industries Limited (RIL) headquartered in India, operating within the "Other business services" sector, has set a significant climate commitment to achieve Net Zero by 2035.
In the reporting year 2025, Reliance Industries reported Scope 1 emissions of approximately 36.5 billion kg CO2e and Scope 2 emissions of approximately 1.5 billion kg CO2e. For the reporting year 2024, the company reported Scope 1 emissions of approximately 36.9 billion kg CO2e and Scope 2 emissions of approximately 781.8 million kg CO2e.
Looking at previous years, Scope 1 and Scope 2 emissions for Reliance Industries were approximately 45.2 billion kg CO2e in 2023 and 45.16 billion kg CO2e in 2022. In 2021, the company reported Scope 1 and 2 emissions of approximately 45.9 billion kg CO2e, followed by about 49.0 billion kg CO2e in 2020. Emissions in 2019 for Scope 1 and 2 were around 30.8 billion kg CO2e. In 2018, Reliance Industries reported Scope 1 emissions of approximately 31.5 billion kg CO2e, Scope 2 emissions of about 816.5 million kg CO2e, and Scope 3 emissions of approximately 34.9 million kg CO2e. For 2017, Scope 1 emissions were approximately 30.0 billion kg CO2e, Scope 2 emissions were about 800.0 million kg CO2e, and Scope 3 emissions were around 30.0 million kg CO2e. In 2016, Scope 1 emissions stood at approximately 28.0 billion kg CO2e, Scope 2 at about 750.0 million kg CO2e, and Scope 3 at approximately 25.0 million kg CO2e. In 2015, the company reported Scope 1 emissions of about 24.7 billion kg CO2e and Scope 2 emissions of approximately 1.7 billion kg CO2e.
Reliance Industries has not disclosed Scope 3 emissions data for most of the recent years, with specific categories like purchased goods and services, business travel, and employee commute listed as missing.
The company's commitment to becoming net carbon zero by 2035 is underpinned by a strategy aimed at reducing its overall carbon footprint.
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Reliance Industries’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Reliance Industries
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