Polycab India Limited
Polycab India Limited, a leading player in the electrical and telecommunications industry, is headquartered in Mumbai, India. Founded in 1996, the company has established itself as a prominent manufacturer of wires and cables, along with a diverse range of electrical products. With a strong presence across major operational regions in India, Polycab has achieved significant milestones, including a robust distribution network and a commitment to innovation. The company’s core offerings include high-quality wires, cables, and electrical accessories, distinguished by their durability and performance. Polycab's focus on research and development has positioned it as a market leader, recognised for its commitment to quality and customer satisfaction. With numerous accolades and a growing market share, Polycab India Limited continues to set benchmarks in the electrical sector, making it a trusted name among consumers and businesses alike.
DitchCarbon Score
How does Polycab India Limited'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 Other Non-Ferrous Metal Products 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
Polycab India Limited's score of 9 is lower than 82% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Polycab India Limited's reported carbon emissions
In 2023, Polycab India Limited reported total carbon emissions of approximately 22,568,000 kg CO2e for Scope 1 and about 156,937,000 kg CO2e for Scope 2. This reflects a significant increase in emissions compared to 2022, where Scope 1 emissions were about 6,528,000 kg CO2e and Scope 2 emissions were approximately 123,181,000 kg CO2e. The company has not disclosed any Scope 3 emissions data. Polycab's emissions intensity for Scope 1 and Scope 2 combined was approximately 0.1045 kg CO2e per rupee of turnover in 2023, slightly higher than the 2022 intensity of about 0.0807 kg CO2e per rupee. Despite these figures, there are currently no publicly stated reduction targets or climate pledges from Polycab, indicating a potential area for improvement in their climate commitments. Overall, while Polycab India Limited has made strides in reporting its emissions, the absence of reduction initiatives or targets suggests a need for enhanced climate action strategies moving forward.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 6,528,000 | 00,000,000 |
| Scope 2 | 123,181,000 | 000,000,000 |
| Scope 3 | - | - |
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.
Polycab India Limited is not participating in any 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.
