Welspun Corp Limited

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023-24🗂️ Report periods on file: 2023-24, 2022-04 to 2023-03, 2021-2022, 2021-04 to 2022-03

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
55% by 2026
of total energy

📈 Emissions by Report Period

Report periodHeadline emissions figure reported
2022-04 to 2023-03257.8K tCO2e/year (Scope 2) + 2545 tCO2e/year (Scope 1) + 1202951 tCO2e/year (Scope 3)
2021-04 to 2022-03505.8K tCO2e/year

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

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Reduce water consumption by 10% by 2025
  • Reduce carbon emissions by 10% by 2025
  • Achieve 55% renewable electricity by 2026

📅 Medium-term

  • Reduce carbon emissions by 20% by 2030
  • Achieve 100% carbon and water neutrality by 2040

🔭 Long-term

  • Achieve 100% carbon and water neutrality by 2040

🌱 ESG Focus Areas

EnvironmentSocialGovernance

⚠️ Challenges & Risks +

  • Oil price drops and slow recovery
  • Commodity price risk - cost of components increase/decrease
  • Increased competition
  • Damage to reputation/brand
  • Cyber-attack - data breach
  • Failure to innovate/keep pace with modern technology
  • Business interruptions (geopolitical issues, trade sanctions, natural disasters)
  • Compliance
  • Project financing
  • Trade policy changes

📋 Report Information

Reporting Period: 2023-24
Frameworks: GRI, UN SDGs, SASB