Ifb Industries
Ifb Industries Limited, commonly known as IFB, is a prominent player in the home appliances and kitchen solutions sector, headquartered in India. Established in 1974, the company has carved a niche in manufacturing high-quality products, including washing machines, dishwashers, and kitchen hobs, catering to the evolving needs of modern households. With a strong presence across major operational regions in India, IFB is renowned for its innovative technology and commitment to sustainability. The brand has achieved significant milestones, including the introduction of advanced features in its appliances that enhance user convenience and energy efficiency. Recognised for its market leadership, IFB Industries continues to set benchmarks in the industry, making it a trusted choice for consumers seeking reliable and stylish home solutions.
DitchCarbon Score
How does Ifb Industries'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 Other 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
Ifb Industries's score of 15 is lower than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Ifb Industries's reported carbon emissions
In 2023, IFB Industries reported total carbon emissions of approximately 9,816,400 kg CO2e, comprising 2,929,900 kg CO2e from Scope 1 and 6,887,390 kg CO2e from Scope 2 emissions. This represents a slight increase from 2022, where the total emissions were about 8,458,100 kg CO2e, with Scope 1 emissions at 1,754,520 kg CO2e and Scope 2 emissions at 6,704,340 kg CO2e. For 2024, IFB Industries disclosed a total Scope 1 and 2 emission intensity of 6,150 kg CO2e per unit of revenue, although specific emissions data for that year was not provided. The company has not set any formal reduction targets or commitments under the Science Based Targets initiative (SBTi) or other climate pledges, indicating a potential area for future improvement in their climate strategy. Overall, IFB Industries' emissions data reflects a significant reliance on both direct and indirect emissions, with no reported Scope 3 emissions. The absence of reduction targets suggests that the company may need to enhance its climate commitments to align with industry standards and expectations.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 1,754,520 | 0,000,000 |
| Scope 2 | 6,704,340 | 0,000,000 |
| Scope 3 | - | - |
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.
Ifb Industries 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.
