In 2024, Akola Group completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
Akola Group has also provided a category-level breakdown for 2 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | 0000000 | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy/Paste is a PRO feature. | 0000000 | Copy/Paste is a PRO feature. | 0000000 |
Location-Based | Copy/Paste is a PRO feature. | 0000000 | Copy/Paste is a PRO feature. | 0000000 |
Total Scope 3 | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0000000 | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
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In 2024, the total operational greenhouse gas (GHG) emissions of Akola Group amounted to 151,045.1 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of Akola Group increased by 0.26%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
In 2024, the total Scope 1 emissions of Akola Group were 137,700 metric tons of CO₂ equivalent (tCO₂e).a
Since 2022, Akola Group's Scope 1 emissions have increased by 2.91%, reflecting a rising long-term trend in Scope 1 emissions over time.a
Compared to the previous year (2023), Akola Group's Scope 1 emissions increased by 1.89%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
In 2024, Akola Group reported Scope 2 greenhouse gas (GHG) emissions of 500 tCO₂e using the market-based method and 13,345.1 tCO₂e using the location-based method.a
Since 2022, Akola Group's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 36.45%, reflecting a declining long-term trend in Scope 2 emissions over time.a
Compared to the previous year (2023), Akola Group's Scope 2 emissions (Location-Based) fell by 13.9% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.a
In 2024, Akola Group reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2024, Akola Group reported 542,100 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of Akola Group includes a breakdown across 2 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
In 2024, Akola Group reported total Scope 3 emissions of 542,100 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 2.33% of these emissions originated from upstream activities such as purchased goods and capital goods, while 97.67% came from downstream activities like product use, distribution, and end-of-life treatment.a
Since 2022, Akola Group's Scope 3 emissionshave remained relatively stable, indicating that Akola Group's emissions have plateaued with no significant change in its value chain footprint.a
Compared to the previous year (2023), Akola Group's Scope 3 emissions remained relatively stable, indicating that Akola Group's emissions have plateaued with no significant change in its value chain footprint.a
In 2024, Akola Group reported emissions for 2 out of the 15 Scope 3 categories defined by the GHG Protocol.a
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
In 2024, the largest contributors to Akola Group's Scope 3 emissions were:a
In 2024, Akola Group reported Scope 1 greenhouse gas (GHG) emissions of 137,700 tCO₂e and total revenues of USD 1,613 millions. This translates into an emissions intensity of 85.37 tCO₂e per millions USD.a
In 2024, Akola Group reported a Scope 1 emissions intensity of 85.37 tCO₂e per millions USD. Compared to the peer group median of 29.01, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2024, Akola Group ranked 18 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places Akola Group among the least efficient performers, with one of the highest emissions intensities in its sector.a
In 2024, Akola Group reported a total carbon footprint of 693,145.1 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 1.21% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to Akola Group's total carbon footprint was Scope 3 emissions, accounting for 78.21% of the company's total carbon footprint, followed by Scope 1 emissions at 19.87%.a