Welspun Corp Ltd
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) | 2023 | 2022 | 2021 | 2020 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 2 | ||||
Unspecified Calculation Method | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data. | 0000000 |
Verified Sources Behind Welspun’s Greenhouse Gas (GHG) Emissions Data
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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
- 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
- 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
- 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 GHG Emissions Intensity Compared to Industry Peers
In 2023, Welspun reported Scope 1 greenhouse gas (GHG) emissions of 2,545 tCO₂e and total revenues of USD 1,156 millions. This translates into an emissions intensity of 2.2 tCO₂e per millions USD. a
Welspun's Scope 1 Emissions Intensity Compared to Peers
How does Welspun's GHG emissions intensity compare to its peers?
In 2023, Welspun reported a Scope 1 emissions intensity of 2.2 tCO₂e per millions USD. Compared to the peer group median of 1,013.4 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a
Where does Welspun rank on GHG emissions intensity within its industry?
In 2023, Welspun ranked 1 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
This places Welspun among the top performers, with one of the lowest emissions intensities relative to peers. 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