Amara Raja Energy & Mobility Ltd

Common Name
Amara Raja Energy & Mobility
Country
India
Sector
Industrials
Industry
Electrical Equipment & Parts
Employees
8,280
Ticker
ARE&M
Exchange
NATIONAL STOCK EXCHANGE OF INDIA
Description
Amara Raja Energy & Mobility Limited, together with its subsidiaries, manufactures and sells lead-acid storage batteries for industrial and automotive applications in India and internationally. It ope...

Amara Raja Energy & Mobility's Climate Target Data Preview

As of 2023, Amara Raja Energy & Mobility has disclosed 7 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 6 absolute reduction targets and 1 intensity-based target target, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Amara Raja Energy & Mobility ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2027
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2032
Absolute-based Target
Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2032
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2040
Absolute-based Target
Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2040
Absolute-based Target
Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2050
Intensity-based Target
Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Indian Rupee (INR) of Revenue
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a
2032
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Verified Sources Behind Amara Raja Energy & Mobility’s Climate Targets Data

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a. Amara Raja Energy & Mobility's Sustainability Report 2023
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Insights into Amara Raja Energy & Mobility's Greenhouse Gas Emissions Pathways

As of 2023, Amara Raja Energy & Mobility has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint. a

Does Amara Raja Energy & Mobility have a target to reduce the emissions from its operations?

As of 2023, Amara Raja Energy & Mobility has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a

Amara Raja Energy & Mobility's most ambitious operational target is to reduce these emissions by 90% by 2040, compared to a baseline of 270,186 Metric Tonnes of CO2 equivalent (mtCO2e) in 2022. a

As of 2023, Amara Raja Energy & Mobility is ahead of schedule on its operational emissions reduction target, having achieved 8.89% of the planned reduction. a

Amara Raja Energy & Mobility's Operational (Scope 1+2) Emissions Pathway

20222023202720322040070 k140 k210 k280 kCurrent (-8%)Target 2027 (-30%)Target 2032 (-60%)Target 2040 (-90%)

Does Amara Raja Energy & Mobility have a target to reduce the emissions from its value chain?

As of 2023, Amara Raja Energy & Mobility has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 1 out of the 15 Scope 3 categories defined by the GHG Protocol. a

Amara Raja Energy & Mobility's most ambitious value chain target is to reduce these emissions by 90% by 2050, compared to a baseline of 398,112 Metric Tonnes of CO2 equivalent (mtCO2e) in 2022. a

Instead of reducing value chain emissions, Amara Raja Energy & Mobility has increased them, with 2023 levels exceeding those of the 2022 baseline, placing the company well behind its reduction target. a

Amara Raja Energy & Mobility's Value Chain (Scope 3) Emissions Pathway

202220232032204020500150 k300 k450 k600 kCurrent (+1%)Target 2032 (-30%)Target 2040 (-50%)Target 2050 (-90%)
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