Asian Paints Ltd

Common Name
Asian Paints
Country
India
Sector
Basic Materials
Industry
Specialty Chemicals
Employees
11,111
Ticker
ASIANPAINT
Exchange
NATIONAL STOCK EXCHANGE OF INDIA
Description
Asian Paints Ltd. is a leading global player in the paint manufacturing industry, renowned for its extensive range of decorative and industrial coatings. Established in 1942, the company has grown to ...

Asian Paints's GHG Emissions Data Preview

In 2024, Asian Paints 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).

Asian Paints has also provided a category-level breakdown for 1 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
0000000
Copy restricted. Please purchase to unlock this data.
Copy restricted. Please purchase to unlock this data.
0000000
Total Scope 2
Unspecified Calculation Method
0000000
Copy restricted. Please purchase to unlock this data.
Copy restricted. Please purchase to unlock this data.
0000000
Total Scope 3
0000000
Copy restricted. Please purchase to unlock this data.
Copy restricted. Please purchase to unlock this data.
0000000

This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Asian Paints's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Asian Paints amounted to 117,151 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).

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Asian Paints increased by 13.31%, suggesting that the company faced challenges in reducing its emissions from its core operations.

Asian Paints's Scope 1 Emissions Over Time

2021202220232024020 k40 k60 k80 ktCO2e+551%-1%-2%
  • Total Scope 1
  • Year-over-Year Change

What are Asian Paints's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Asian Paints were 72,794 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Asian Paints reduced its Scope 1 emissions over time?

Since 2021, Asian Paints's Scope 1 emissions have increased by 527.48%, reflecting a rising long-term trend in Scope 1 emissions over time.

Compared to the previous year (2023), Asian Paints's Scope 1 emissions decreased by 2.18%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are Asian Paints's Scope 2 emissions?

In 2024, Asian Paints reported Scope 2 greenhouse gas (GHG) emissions of 44,357 tCOâ‚‚e without specifying the calculation method.

Has Asian Paints reduced its Scope 2 emissions over time?

Since 2021, Asian Paints's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have increased by 36.45%, reflecting a rising long-term trend in Scope 2 emissions over time.

Compared to the previous year (2023), Asian Paints's Scope 2 emissions (Unspecified Calculation Method) rose by 53.09% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy

What methodology does Asian Paints use for Scope 2 reporting?

In 2024, Asian Paints reported its Scope 2 emissions using an unspecified methodology.

Asian Paints's Scope 2 Emissions Over Time

2021202220232024015 k30 k45 k60 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Asian Paints's Value Chain Emissions

In 2024, Asian Paints reported 3,323,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2024 disclosure of Asian Paints includes a breakdown across 1 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.

Asian Paints's Scope 3 Emissions Over Time

2022202320240850 k1.7 M2.55 M3.4 MtCO2e+2%+1%
  • Total Scope 3
  • Year-over-Year Change

What are Asian Paints's Scope 3 emissions?

In 2024, Asian Paints reported total Scope 3 emissions of 3,323,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment.

Compared to the previous year (2023), Asian Paints's Scope 3 emissions remained relatively stable, indicating that Asian Paints 's emissions have plateaued with no significant change in its value chain footprint.

What categories of Scope 3 emissions does Asian Paints disclose?

In 2024, Asian Paints reported emissions for 1 out of the 15 Scope 3 categories defined by the GHG Protocol.

The limited disclosure restricts visibility into specific emission sources across the company's value chain.

What are the main sources of Asian Paints's Scope 3 emissions?

In 2024, the largest contributors to Asian Paints's Scope 3 emissions were:

  • Purchased Goods and Services (Cat. 1): 2,730,000 tCOâ‚‚e (100%)

Asian Paints's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(100.0%)

Insights into Asian Paints's Total Carbon Footprint

In 2024, Asian Paints reported a total carbon footprint of 3,440,151 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 1.8% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Asian Paints's total carbon footprint was Scope 3 emissions, accounting for 96.59% of the company's total carbon footprint, followed by Scope 1 emissions at 2.12%.