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Solar Industries India Ltd

Common Name
Solar Industries India
Country
India
Sector
Basic Materials
Industry
Specialty Chemicals
Employees
2,403
Ticker
SOLARINDS
Exchange
NATIONAL STOCK EXCHANGE OF INDIA
Description
Solar Industries India Ltd. is a prominent player in the defense sector, specifically in industrial explosives and ammunition manufacturing. Its primary function is the production of a wide range of e...

Solar Industries India's GHG Emissions Data Preview

In 2024, Solar Industries India 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) and Scope 2 (indirect emissions from purchased energy).

However, Solar Industries India has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)20242023
Total Scope 1
49,286a
45,830a
Total Scope 2
Unspecified Calculation Method
14,195a
13,039a
Total Scope 3
N/AN/A
Total Scope 1 Revenue Intensity (tCO2e/$M)
69.5565a
55.5808a
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Verified Sources Behind Solar Industries India’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform.

a. Solar Industries India's Integrated Report 2024

Insights into Solar Industries India's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Solar Industries India amounted to 63,481 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 Solar Industries India increased by 7.83%, suggesting that the company faced challenges in reducing its emissions from its core operations.a

Solar Industries India's Scope 1 Emissions Over Time

20232024015 k30 k45 k60 ktCO2e+8%
  • Total Scope 1
  • Year-over-Year Change

What are Solar Industries India's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Solar Industries India were 49,286 metric tons of CO₂ equivalent (tCO₂e).a

Compared to the previous year (2023), Solar Industries India's Scope 1 emissions increased by 7.54%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a

What are Solar Industries India's Scope 2 emissions?

In 2024, Solar Industries India reported Scope 2 greenhouse gas (GHG) emissions of 14,195 tCO₂e without specifying the calculation method.a

Has Solar Industries India reduced its Scope 2 emissions over time?

Compared to the previous year (2023), Solar Industries India's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Solar Industries India's emissions have plateaued with no significant change in its energy consumption footprint.a

What methodology does Solar Industries India use for Scope 2 reporting?

In 2024, Solar Industries India reported its Scope 2 emissions using an unspecified methodology.a

Solar Industries India's Scope 2 Emissions Over Time

2023202404 k8 k12 k16 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Solar Industries India’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Solar Industries India reported Scope 1 greenhouse gas (GHG) emissions of 49,286 tCO₂e and total revenues of USD 709 millions. This translates into an emissions intensity of 69.56 tCO₂e per millions USD.a

Solar Industries India's Scope 1 Emissions Intensity Compared to Peers

501,00020,000500,00010,000,000Scope 1 Emissions (tCO2e)1002001,0002,00010,000Revenues (Millions of USD)BorregaardYear: 2024Scope 1: 120,312 tCO2eRevenue: $M 672Scope 1 Intensity: 179.10 tCO2e/$MIngevityYear: 2021Scope 1: 252,925 tCO2eRevenue: $M 1,391Scope 1 Intensity: 181.76 tCO2e/$MEternal MaterialsYear: 2023Scope 1: 81,591 tCO2eRevenue: $M 1,384Scope 1 Intensity: 58.96 tCO2e/$MBloomage BiotechnologyYear: 2023Scope 1: 43,555 tCO2eRevenue: $M 855Scope 1 Intensity: 50.95 tCO2e/$MWD-40Year: 2023Scope 1: 418 tCO2eRevenue: $M 537Scope 1 Intensity: 0.78 tCO2e/$MSKCYear: 2024Scope 1: 457,430 tCO2eRevenue: $M 1,173Scope 1 Intensity: 389.89 tCO2e/$MHawkinsYear: 2024Scope 1: 23,458 tCO2eRevenue: $M 919Scope 1 Intensity: 25.52 tCO2e/$MBalchemYear: 2023Scope 1: 46,981 tCO2eRevenue: $M 922Scope 1 Intensity: 50.93 tCO2e/$MXinjiang Daqo New EnergyYear: 2023Scope 1: 290 tCO2eRevenue: $M 2,297Scope 1 Intensity: 0.13 tCO2e/$MChengxin Lithium GroupYear: 2022Scope 1: 189 tCO2eRevenue: $M 1,729Scope 1 Intensity: 0.11 tCO2e/$MChina Rare Earth Resources and TechnologyYear: 2023Scope 1: 5,931 tCO2eRevenue: $M 561Scope 1 Intensity: 10.57 tCO2e/$MLaxmi Organic IndustriesYear: 2025Scope 1: 304,343 tCO2eRevenue: $M 348Scope 1 Intensity: 873.47 tCO2e/$MRain IndustriesYear: 2024Scope 1: 2,899,852 tCO2eRevenue: $M 1,780Scope 1 Intensity: 1,629.42 tCO2e/$MBASF IndiaYear: 2025Scope 1: 17,751 tCO2eRevenue: $M 1,784Scope 1 Intensity: 9.95 tCO2e/$MLinde IndiaYear: 2025Scope 1: 2,864 tCO2eRevenue: $M 291Scope 1 Intensity: 9.84 tCO2e/$MAsian PaintsYear: 2025Scope 1: 87,435 tCO2eRevenue: $M 3,958Scope 1 Intensity: 22.09 tCO2e/$MPidilite IndustriesYear: 2025Scope 1: 8,690 tCO2eRevenue: $M 1,538Scope 1 Intensity: 5.65 tCO2e/$MPCBL ChemicalYear: 2023Scope 1: 709,970 tCO2eRevenue: $M 701Scope 1 Intensity: 1,013.40 tCO2e/$MKansai Nerolac PaintsYear: 2025Scope 1: 8,750 tCO2eRevenue: $M 916Scope 1 Intensity: 9.56 tCO2e/$MAarti IndustriesYear: 2025Scope 1: 620,823 tCO2eRevenue: $M 851Scope 1 Intensity: 729.72 tCO2e/$MHimadri Speciality ChemicalYear: 2024Scope 1: 409,576 tCO2eRevenue: $M 502Scope 1 Intensity: 816.22 tCO2e/$MGujarat FluorochemicalsYear: 2025Scope 1: 709,492 tCO2eRevenue: $M 554Scope 1 Intensity: 1,279.57 tCO2e/$MBerger Paints IndiaYear: 2025Scope 1: 22,232 tCO2eRevenue: $M 1,351Scope 1 Intensity: 16.45 tCO2e/$MSolar Industries IndiaYear: 2024Scope 1: 49,286 tCO2eRevenue: $M 709Scope 1 Intensity: 69.56 tCO2e/$M

How does Solar Industries India's GHG emissions intensity compare to its peers?

In 2024, Solar Industries India reported a Scope 1 emissions intensity of 69.56 tCO₂e per millions USD. Compared to the peer group median of 50.93, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

Where does Solar Industries India rank on GHG emissions intensity within its industry?

In 2024, Solar Industries India ranked 15 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a

Solar Industries India is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a

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