In 2024, Rain Industries 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).
Rain Industries has also provided a category-level breakdown for 9 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 | ||||
Unspecified Calculation Method | 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 Rain Industries amounted to 3,054,652 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 Rain Industries decreased by 6.92%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
In 2024, the total Scope 1 emissions of Rain Industries were 2,899,852 metric tons of CO₂ equivalent (tCO₂e).a
Since 2021, Rain Industries's Scope 1 emissions have decreased by 1.7%, reflecting a declining long-term trend in Scope 1 emissions over time.ab
Compared to the previous year (2023), Rain Industries's Scope 1 emissions decreased by 6.41%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2024, Rain Industries reported Scope 2 greenhouse gas (GHG) emissions of 154,800 tCO₂e without specifying the calculation method.a
Since 2021, Rain Industries's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Rain Industries's emissions have plateaued with no significant change in its energy consumption footprint.ac
Compared to the previous year (2023), Rain Industries's Scope 2 emissions (Unspecified Calculation Method) fell by 15.44% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.a
In 2024, Rain Industries reported its Scope 2 emissions using an unspecified methodology.a
In 2024, Rain Industries reported 11,780,000 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 Rain Industries includes a breakdown across 9 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chaina
In 2024, Rain Industries reported total Scope 3 emissions of 11,780,000 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 29.8% of these emissions originated from upstream activities such as purchased goods and capital goods, while 70.2% came from downstream activities like product use, distribution, and end-of-life treatment.a
In 2024, Rain Industries reported emissions for 9 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This partial disclosure allows for some insight into the company's indirect impacts.
In 2024, the largest contributors to Rain Industries's Scope 3 emissions were:a
In 2024, Rain Industries reported Scope 1 greenhouse gas (GHG) emissions of 2,899,852 tCO₂e and total revenues of USD 1,780 millions. This translates into an emissions intensity of 1,629.42 tCO₂e per millions USD.a
In 2024, Rain Industries reported a Scope 1 emissions intensity of 1,629.42 tCO₂e per millions USD. Compared to the peer group median of 651.1, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2024, Rain Industries ranked 20 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Rain Industries is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2024, Rain Industries reported a total carbon footprint of 14,834,652 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 352.05% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to Rain Industries's total carbon footprint was Scope 3 emissions, accounting for 79.41% of the company's total carbon footprint, followed by Scope 1 emissions at 19.55%.a