- Supply chain disruptions due to climate events and geopolitical risks
- Regulatory changes and compliance costs
- Business continuity risks
Finolex Industries Limited
Greenhouse gas emissions & sustainability report data
In its 2023-04 to 2024-03 reporting, Finolex Industries Limited disclosed greenhouse gas emissions of 455.2K tCO2e/year. By scope: Scope 1: 381.9K tCO2e/year; Scope 2: 52.3K tCO2e/year; Scope 3: 21.1K 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
455.2K tCO2e/year
2023-04 to 2024-03
Renewable Energy
>3.2%
of total energy
Waste
11.2K tons/year
2023-04 to 2024-03
📊 Emissions by Scope (2023-04 to 2024-03)
| 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). | 381.9K tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 52.3K tCO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 21.1K 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 period | Headline emissions figure reported |
|---|---|
| 2023-04 to 2024-03 | 455.2K tCO2e/year |
| 2022-04 to 2023-03 | 411.5K tCO2e |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- >3.2% share of renewable energy (as % of total electrical energy produced/purchased)
- Avoided more than 20,000 tonnes CO2e emissions
- Harvested more than 300,000 kiloliters (KL) rainwater
- Recycled 260,000 KL effluent back to process
- 70% of forklifts are electric powered
- Reduction in Scope 1 emissions by 7%
- Reduction in Scope 2 emissions by 4%
- Reduction in Scope 3 emissions by 5%
🎯 Climate & Sustainability Targets
🔜 Short-term
- Implement Responsible Care® program at all plants by 2025
- Conduct a biodiversity study at the Ratnagir plant by 2025
- Plant 100,000 trees by 2025
📅 Medium-term
- 100% electric powered forklifts by 2030
- At least 15% of power consumed to come from renewable sources over the next two years
🔭 Long-term
- Offer exclusively lead-free products by 2026
🌱 ESG Focus Areas
Environmental StewardshipSocial ResponsibilityGovernance