Bajaj Electricals
Bajaj Electricals Limited, a prominent player in the electrical equipment industry, is headquartered in Mumbai, India. Founded in 1938, the company has established itself as a leader in various sectors, including lighting, electrical appliances, and engineering projects. With a strong presence across India and international markets, Bajaj Electricals is renowned for its innovative products and commitment to quality. The company offers a diverse range of core products, including consumer appliances, fans, and lighting solutions, distinguished by their energy efficiency and cutting-edge technology. Bajaj Electricals has achieved significant milestones, such as being awarded the prestigious 'Superbrand' status, reflecting its strong market position and customer trust. With a focus on sustainability and innovation, Bajaj Electricals continues to shape the future of the electrical industry in India and beyond.
DitchCarbon Score
How does Bajaj Electricals'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 Machinery and Equipment 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
Bajaj Electricals's score of 16 is lower than 78% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Bajaj Electricals's reported carbon emissions
In 2023, Bajaj Electricals reported total carbon emissions of approximately 5,558,230 kg CO2e, comprising 1,665,700 kg CO2e from Scope 1 and 3,919,530 kg CO2e from Scope 2. This data reflects a commitment to transparency in emissions reporting, although no Scope 3 emissions data has been disclosed. The company has shown a slight reduction in emissions from 2022, where total emissions were about 5,860,330 kg CO2e, with Scope 1 at 3,485,760 kg CO2e and Scope 2 at 4,122,570 kg CO2e. This indicates a proactive approach to managing their carbon footprint, although specific reduction targets or initiatives have not been outlined in their recent reports. For 2024, Bajaj Electricals has not disclosed specific emissions figures but continues to report on emission intensity, with a Scope 1 and 2 emission intensity of about 2.36e-09 kg CO2e per rupee of turnover adjusted for Purchasing Power Parity (PPP) and 0.4 tonnes CO2e in terms of physical output. Bajaj Electricals has not set any formal Science-Based Targets Initiative (SBTi) reduction targets or climate pledges, indicating an area for potential growth in their climate commitments. The company remains focused on improving its sustainability practices and reducing its overall environmental impact.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 3,485,760 | 0,000,000 |
| Scope 2 | 4,122,570 | 0,000,000 |
| 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.
Bajaj Electricals 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.
