- Subdued demand in the domestic wheel market.
- Disruptions in production due to Chennai floods.
- Decline in tractor output volumes due to erratic weather and higher interest costs.
- Muted volumes in the cast aluminum business.
- Declining demand in the mining sector.
- Muted demand for windmill components.
- Muted growth in exports.
- Effective cost management challenges.
- Difficult year for subsidiary WIL Car Wheels Ltd. due to reducing steel wheel fitment.
Wheels India Limited
Greenhouse gas emissions & sustainability report data
By scope: Scope 1: 25.1K Metric tons of CO2 equivalent; Scope 2: 70.8K Metric tons 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.
Renewable Energy
26.6%
of total energy
Water Usage
374.5K kiloliters
2023-2024
Waste
4.7K metric tons
2023-2024
Energy Use
31.5K MWh
2023-2024
📊 Emissions by Scope (2023-2024)
| 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). | 25.1K Metric tons of CO2 equivalent |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 70.8K Metric tons 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 |
|---|---|
| 2022-2023 | 24.9K Metric tons of CO2 equivalent (Scope 1) and 64660 Metric tons of CO2 equivalent (Scope 2) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced energy intensity by 0.5% per crore rupees of turnover due to process innovations and energy efficiency/conservation measures.
- Reduced water intensity by 2.40%.
- Utilized off-site wind and solar energy, accounting for 26.6% of total power consumption (31,475 MWh).
🎯 Climate & Sustainability Targets
🔜 Short-term
- RE75 - 75% electricity from renewable sources by 2026
- Water neutral by 2027
📅 Medium-term
- Carbon neutral by 2033 (scope 1 & 2)
- Zero waste to landfill by 2030
🌱 ESG Focus Areas
Energy managementWaste managementWater managementCarbon footprint reductionCustomer ESG RatingsSupply chain ESGResource efficiencyHealth & SafetyLeadershipData security