TVS Motor Company Limited

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023-04 to 2024-03🗂️ Report periods on file: 2023-04 to 2024-03, 2022-04 to 2023-03, 2021-22, 2016-17

In its 2023-04 to 2024-03 reporting, TVS Motor Company Limited disclosed greenhouse gas emissions of 22.7M tCO2e/year (Scope 3). By scope: Scope 1: 22.7K tCO2e/year; Scope 2: 4.4K tCO2e/year; Scope 3: 22.7M tCO2e/year. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.

💨
GHG Emissions
22.7M tCO2e/year (Scope 3)
2023-04 to 2024-03
⚡
Renewable Energy
93%
of total energy
💧
Water Usage
751.5K KL/year
2023-04 to 2024-03
♻️
Waste
17.2K tons/year
2023-04 to 2024-03
⚙️
Energy Use
628.7K GJ/year
2023-04 to 2024-03

📊 Emissions by Scope (2023-04 to 2024-03)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).22.7K tCO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.4.4K tCO2e/year
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).22.7M tCO2e/year

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

📈 Emissions by Report Period

Report periodHeadline emissions figure reported
2023-04 to 2024-0322.7M tCO2e/year (Scope 3)
2022-04 to 2023-0328.6K tCO2e (Scope 1 & 2)

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

✅ Reported Environmental Achievements

🌱 ESG Focus Areas

WaterWaste & RecyclingLiving WagesOccupational Health & Safety and Road SafetyAlternative Fuel TechnologyElectric VehicleClimate Change impacts of productsEnergy & emissions Management (in operations)Resource ManagementHuman rightsDiversity & inclusionSkill enhancement (learning & talent management)Community WelfareGovernanceSupply Chain ManagementMarket/Product CompetitionCustomer Satisfaction

⚠️ Challenges & Risks +

  • Unpredictable rainfall impacting water supplies
  • Groundwater depletion
  • Stricter regulations on water usage
  • Growing waste volume from production processes
  • Inefficient recycling practices
  • Stricter EPR regulations
  • National minimum wage unchanged since 2017
  • Manufacturing, infrastructure, and logistics safety incidents
  • Partial non-adherence to safety standards by contractors
  • Increasing regulations on emissions and fuel efficiency

📋 Report Information

Reporting Period: 2023-04 to 2024-03
Frameworks: BRSR
Assurance: Bureau Veritas India (Private) Limited