Wadia Group
Wadia Group, a prominent Indian conglomerate, is headquartered in Mumbai, India. Established in 1736, the company has a rich history and has evolved into a diversified entity with significant operations across various sectors, including textiles, aviation, and real estate. The group is renowned for its flagship brands, such as Britannia Industries, which is a leader in the food industry, and GoAir, a key player in the aviation sector. Wadia Group's commitment to quality and innovation sets its products apart in competitive markets. With over 280 years of experience, the company has achieved notable milestones, including pioneering advancements in the Indian textile industry and expanding its footprint in the aviation market. Wadia Group continues to maintain a strong market position, driven by its legacy of excellence and a focus on sustainable growth.
DitchCarbon Score
How does Wadia Group's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Business Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Wadia Group's score of 33 is higher than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Wadia Group's reported carbon emissions
In 2024, Wadia Group reported total carbon emissions of approximately 4,300,000,000 kg CO2e, with significant contributions from Scope 1, Scope 2, and Scope 3 emissions. Specifically, Scope 1 emissions were about 93,583,000 kg CO2e, while Scope 2 emissions totalled approximately 66,405,000 kg CO2e. The majority of emissions stemmed from Scope 3, which accounted for about 4,256,930,000 kg CO2e, primarily from purchased goods and services (approximately 3,894,355,000 kg CO2e). In 2023, the group's emissions were lower, with total emissions of about 2,503,981,000 kg CO2e, comprising approximately 75,814,000 kg CO2e from Scope 1 and 50,257,000 kg CO2e from Scope 2. The combined Scope 1 and 2 emissions for that year were about 126,071,000 kg CO2e. Wadia Group has set ambitious near-term reduction targets, aiming to generate or source approximately 35 million kWh of renewable electricity for its India operations, which represents about 28% of its total electricity consumption. This initiative is expected to avoid approximately 25,367 tonnes CO2 emissions, contributing to a reduction of about 25.37% in both Scope 1 and Scope 2 emissions for the fiscal year 2023-24. The company has disclosed emissions data for all relevant scopes and is actively working towards reducing its carbon footprint through renewable energy initiatives.
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| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 77,309,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 47,096,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | 0,000,000,000 | 0,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Wadia Group is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
