Exide
Exide Industries Limited, commonly known as Exide, is a leading player in the battery manufacturing industry, headquartered in Kolkata, India. Founded in 1947, Exide has established itself as a pioneer in the production of lead-acid batteries, catering to a diverse range of sectors including automotive, industrial, and renewable energy. With a robust presence across India and significant operations in international markets, Exide offers a comprehensive portfolio of products, including automotive batteries, inverter batteries, and specialised industrial batteries. The company is renowned for its innovative technology and commitment to quality, which have positioned it as a trusted brand among consumers and businesses alike. Exide's notable achievements include being one of the largest manufacturers of lead-acid batteries in India, reflecting its strong market position and dedication to sustainability and customer satisfaction.
DitchCarbon Score
How does Exide'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 Furniture Manufacturing 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
Exide's score of 16 is lower than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Exide's reported carbon emissions
In 2023, Exide reported total carbon emissions of approximately 1,254,000,000 kg CO2e, comprising 29,994,000 kg CO2e from Scope 1, 339,073,000 kg CO2e from Scope 2, and 912,765,000 kg CO2e from Scope 3 emissions. This marked a slight increase in emissions compared to 2022, where total emissions were about 1,254,000,000 kg CO2e, with Scope 1 at 29,186,000 kg CO2e, Scope 2 at 314,201,000 kg CO2e, and Scope 3 at 912,273,000 kg CO2e. Exide has not disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or any formal climate pledges. However, the company has reported emission intensities for Scope 1 and Scope 2, indicating a focus on improving efficiency relative to revenue and physical output. The emission intensity for Scope 1 and Scope 2 per rupee of turnover was approximately 0.0053847 INR in 2023, while the intensity in terms of physical output was about 0.0264 MWh. Overall, Exide's emissions data reflects a significant reliance on Scope 3 emissions, which constitute the majority of their carbon footprint, highlighting the need for comprehensive strategies to address emissions across their value chain.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 22,818,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 331,211,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | 000,000,000 | 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.
Exide 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.
