Welspun Sustainability Profile
Welspun Group, a prominent player in the textile and manufacturing industry, is headquartered in Mumbai, India. Founded in 1985, the company has established itself as a leader in various sectors, including home textiles, steel, and infrastructure. With a strong presence in North America, Europe, and Asia, Welspun is renowned for its innovative products, particularly in the home textiles segment, where it offers a diverse range of bed and bath linens. The company’s commitment to quality and sustainability has earned it numerous accolades, positioning it as a trusted brand in the global market. Notable achievements include being one of the largest manufacturers of towels and bed linens worldwide. Welspun's unique approach to combining traditional craftsmanship with modern technology sets it apart, ensuring that it remains at the forefront of the industry.
DitchCarbon Score
How does Welspun'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 Furniture Manufacturing 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
Welspun's score of 26 is lower than 52% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Welspun's reported carbon emissions
In 2024, Welspun reported significant carbon emissions, with Scope 1 emissions totalling approximately 1,769,062,000 kg CO2e and Scope 2 emissions at about 260,096,000 kg CO2e. This data reflects their global operations. In the previous year, 2023, the company recorded Scope 1 emissions of about 2,545,000 kg CO2e and Scope 2 emissions of approximately 257,839,000 kg CO2e, indicating a substantial increase in emissions in 2024. Welspun's emissions data for 2023 also included Scope 3 emissions, which were reported at approximately 1,202,951,000 kg CO2e. This comprehensive reporting across all three scopes highlights the company's commitment to transparency in its carbon footprint. Despite the lack of specific reduction targets or initiatives disclosed, Welspun is actively engaged in climate-related reporting, as evidenced by their participation in the CDP (Carbon Disclosure Project). However, no specific science-based targets (SBTi) or climate pledges have been identified in their current commitments. Overall, while Welspun's emissions figures indicate a significant environmental impact, the absence of defined reduction strategies suggests an area for potential improvement in their climate commitments.
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| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Scope 1 | 84,460,000 | 0,000,000 | 0,000,000 | 0,000,000,000 |
| Scope 2 | 51,806,000 | 00,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | 000,000,000 | 0,000,000,000 | - |
How Carbon Intensive is Welspun's Industry?
How Carbon Intensive is Welspun's Location?
Welspun's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Welspun has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
