Tvs Motor
TVS Motor Company, headquartered in Hosur, India, is a prominent player in the automotive industry, specialising in the manufacture of two-wheelers and three-wheelers. Founded in 1978, the company has achieved significant milestones, including the launch of innovative models and expansion into international markets. With a diverse product portfolio that includes motorcycles, scooters, and electric vehicles, TVS Motor stands out for its commitment to quality and advanced technology. The company is recognised for its strong market position, consistently ranking among the top motorcycle manufacturers in India. TVS Motor's dedication to sustainability and customer satisfaction has earned it numerous accolades, solidifying its reputation as a leader in the automotive sector.
DitchCarbon Score
How does Tvs Motor'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 Motor Vehicle 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
Tvs Motor's score of 26 is lower than 50% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Tvs Motor's reported carbon emissions
In 2024, TVS Motor Company reported total carbon emissions of approximately 22,693,340 kg CO2e for Scope 1, 4,437,470 kg CO2e for Scope 2, and a significant 22,700,763,360 kg CO2e for Scope 3 emissions. This indicates a substantial reliance on indirect emissions, which are primarily associated with the supply chain and product use. Comparatively, in 2023, the company recorded Scope 1 emissions of about 19,046,000 kg CO2e and Scope 2 emissions of approximately 9,584,320 kg CO2e, while maintaining the same Scope 3 emissions figure. This data suggests a slight increase in Scope 1 emissions year-on-year, while Scope 2 emissions decreased. TVS Motor 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 metrics indicate that for every unit of goods sold, the Scope 3 emissions intensity is about 5.41 tCO2e, and per employee, it is approximately 1.39625 tCO2e. Overall, while TVS Motor has made strides in tracking and reporting emissions, the absence of specific reduction targets and a net-zero commitment highlights an area for potential improvement in their climate strategy.
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| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 19,046,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 9,584,320 | 0,000,000 | 0,000,000 |
| Scope 3 | - | 00,000,000,000 | 00,000,000,000 |
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.
Tvs Motor 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.
