- Elevated commodity prices, especially copper.
- Delays in government-sponsored projects impacting communication cables.
- Price erosion in the FMEG lighting segment.
- Global economic slowdown impacting exports.
Finolex Cables Limited
Greenhouse gas emissions & sustainability report data
By scope: Scope 1: 4.2K metric tonnes of CO2 equivalent; Scope 2: 52.6K metric tonnes of CO2 equivalent. 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.
Water Usage
299.8K kilolitres
2023-24
Waste
4.1K metric tonnes
2023-24
📊 Emissions by Scope (2023-24)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 4.2K metric tonnes of CO2 equivalent |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 52.6K metric tonnes of CO2 equivalent |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2022-04 to 2023-03 | 18.1K Metric tonnes of CO2 equivalent |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced CO2 emissions by 347 tons through energy-efficient practices and technological upgrades.
- Installed a 5 MW solar plant at Urse, addressing 20% of the plant's energy needs.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Achieve a revenue of 500 crore INR from the FMEG segment over the next 2-3 years.
📅 Medium-term
- Commissioning of electron beam facility and Preform facility.
🔭 Long-term
- Become carbon neutral.
🌱 ESG Focus Areas
EducationSkill DevelopmentHealthcare InitiativesEnvironmental SustainabilityCommunity DevelopmentWomen EmpowermentLivelihood Enhancement