Welspun Corp Ltd

Common Name
Welspun
Country
India
Sector
Basic Materials
Industry
Steel
Employees
35,000
Ticker
WELCORP
Exchange
NATIONAL STOCK EXCHANGE OF INDIA
Description
Welspun Corp Ltd. is an Indian multinational company specializing in the manufacturing of large diameter pipes. Its primary function is to produce high-quality steel pipes that cater to the demands of...

Welspun's GHG Emissions Data Preview

In 2023, Welspun 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).

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

Metric (tCO2e)2023202220212020 - 2017
Total Scope 1
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0000000
Total Scope 2
Unspecified Calculation Method
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0000000
Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Welspun’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. Explore Welspun’s data sources below and access millions more through our Disclosure Search.

a. Welspun's Sustainability Report 2023
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Insights into Welspun's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Welspun amounted to 260,384 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 2022, the total operational greenhouse gas (GHG) emissions of Welspun increased by 171.8%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

Welspun's Scope 1 Emissions Over Time

2022202308501.7 k2.55 k3.4 ktCO2e-24%
  • Total Scope 1
  • Year-over-Year Change

What are Welspun's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Welspun were 2,545 metric tons of CO₂ equivalent (tCO₂e). a

Compared to the previous year (2022), Welspun's Scope 1 emissions decreased by 24.37%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Welspun's Scope 2 emissions?

In 2023, Welspun reported Scope 2 greenhouse gas (GHG) emissions of 257,839 tCO₂e without specifying the calculation method. a

Has Welspun reduced its Scope 2 emissions over time?

Compared to the previous year (2022), Welspun's Scope 2 emissions (Unspecified Calculation Method) rose by 178.94% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy a

What methodology does Welspun use for Scope 2 reporting?

In 2023, Welspun reported its Scope 2 emissions using an unspecified methodology. a

Welspun's Scope 2 Emissions Over Time

20222023065 k130 k195 k260 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Welspun's Value Chain Emissions

In 2023, Welspun reported 1,202,951 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 2023 disclosure of Welspun includes a breakdown across 0 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

Welspun's Scope 3 Emissions Over Time

202220230350 k700 k1.05 M1.4 MtCO2e+139%
  • Total Scope 3
  • Year-over-Year Change

What are Welspun's Scope 3 emissions?

In 2023, Welspun reported total Scope 3 emissions of 1,202,951 metric tons of CO₂ equivalent (tCO₂e). a

Compared to the previous year (2022), Welspun's Scope 3 emissions increased by 139.42%, suggesting that the company faced challenges in reducing emissions across its value chain. a

Insights into Welspun's Total Carbon Footprint

In 2023, Welspun reported a total carbon footprint of 1,463,335 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 144.6% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a

The largest contributor to Welspun's total carbon footprint was Scope 3 emissions, accounting for 82.21% of the company's total carbon footprint, followed by Scope 2 emissions at 17.62%. a

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