Renuka Sugars, officially known as Shree Renuka Sugars Ltd., is a prominent player in the sugar industry, headquartered in India. Established in 1998, the company has grown to become one of the largest sugar producers in the country, with significant operations in Maharashtra and Karnataka. Renuka Sugars is renowned for its diverse range of products, including white sugar, raw sugar, and ethanol, which are distinguished by their high quality and sustainable production practices. The company has achieved notable milestones, such as expanding its production capacity and diversifying into renewable energy. With a strong market position, Renuka Sugars is committed to innovation and sustainability, making it a key contributor to the Indian sugar sector and a trusted name among consumers and businesses alike.
How does Renuka Sugars'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.
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.
Renuka Sugars's score of 37 is higher than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Renuka Sugars reported total carbon emissions of approximately 577,040,300 kg CO2e for Scope 1 and about 168,334,280 kg CO2e for Scope 2, resulting in a combined total of around 745,374,580 kg CO2e. This marks an increase from 2022, where emissions were approximately 434,989,700 kg CO2e for Scope 1 and about 126,352,930 kg CO2e for Scope 2, leading to a total of around 561,342,630 kg CO2e. Renuka Sugars has not disclosed any Scope 3 emissions data, nor have they set specific reduction targets or climate pledges. The company’s emissions are primarily from direct operations and energy consumption, reflecting the broader industry context of sugar production, which is often energy-intensive. As of now, there are no documented reduction initiatives or commitments to align with science-based targets, indicating a potential area for future improvement in their climate strategy.
Access structured emissions data, company-specific emission factors, and source documents
2022 | 2023 | |
---|---|---|
Scope 1 | 434,989,700 | 000,000,000 |
Scope 2 | 126,352,930 | 000,000,000 |
Scope 3 | - | - |
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.
Renuka Sugars 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.