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Public Profile
Furniture Manufacturing
IN
updated a month ago

Welspun

Company website

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.

29

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.

25

Industry Benchmark

Welspun's score of 29 is higher than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.

53%

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Welspun's reported carbon emissions

In 2024, Welspun reported total carbon emissions of approximately 2,000,000,000 kg CO2e, comprising 1,769,062,000 kg CO2e from Scope 1, 260,096,000 kg CO2e from Scope 2, and 1,202,951,000 kg CO2e from Scope 3 emissions. This marked a significant increase in emissions compared to 2023, where total emissions were about 1,000,000,000 kg CO2e, with Scope 1 emissions at 2,545,000 kg CO2e, Scope 2 at 257,839,000 kg CO2e, and Scope 3 remaining constant at 1,202,951,000 kg CO2e. Welspun's emissions data reflects a commitment to transparency, with disclosures across all three scopes. However, there are currently no specific reduction targets or initiatives outlined in their sustainability reports. The company has not cascaded any emissions reduction targets from parent or related organizations, indicating that their climate commitments are self-defined. The company’s emissions intensity metrics indicate a focus on improving efficiency, with Scope 1 and 2 emissions per rupee of turnover reported at 0.0223 in 2024, compared to 0.003732 in 2023. This suggests a potential shift in operational efficiency, although the overall emissions have increased. Welspun's climate strategy appears to be in the early stages, with no formal climate pledges or SBTi targets currently established. As the company continues to evolve its sustainability practices, future commitments may emerge to address the growing concerns around carbon emissions and climate change.

Unlock detailed emissions data

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2021202220232024
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
0,000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Welspun's primary industry is Furniture; other manufactured goods n.e.c. (36), which is low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Welspun is in IN, which has a very high grid carbon intensity relative to other regions.

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.

Welspun 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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