Vardhman Special Steels
Vardhman Special Steels, a prominent player in the Indian steel industry, is headquartered in Ludhiana, Punjab. Established in 1965, the company has carved a niche in manufacturing high-quality special steels, catering to diverse sectors such as automotive, engineering, and construction. With a commitment to innovation, Vardhman Special Steels offers a range of products, including alloy steels, carbon steels, and stainless steels, known for their superior strength and durability. Over the years, Vardhman has achieved significant milestones, including the implementation of advanced manufacturing processes and quality certifications that underscore its market position. The company’s dedication to excellence has earned it a reputation as a trusted supplier, making it a preferred choice for clients seeking reliable steel solutions in India and beyond.
DitchCarbon Score
How does Vardhman Special Steels'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 Iron and Steel Production 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
Vardhman Special Steels's score of 11 is lower than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Vardhman Special Steels's reported carbon emissions
In 2024, Vardhman Special Steels reported total carbon emissions of approximately 166,333,000 kg CO2e, comprising 36,774,000 kg CO2e from Scope 1 and 129,559,000 kg CO2e from Scope 2. This data reflects a consistent emission pattern, as the previous year, 2023, also recorded similar figures with Scope 1 emissions at 36,774,000 kg CO2e and Scope 2 emissions at 129,559,000 kg CO2e, resulting in a total of about 166,333,000 kg CO2e. In 2022, the company’s emissions were slightly higher, with Scope 1 at 39,335,000 kg CO2e and Scope 2 at 143,544,000 kg CO2e, leading to total emissions of approximately 182,879,000 kg CO2e. This indicates a reduction in emissions from 2022 to 2023, and again from 2023 to 2024. Vardhman Special Steels has not set specific reduction targets or climate pledges, nor does it report any Scope 3 emissions. The company’s emissions data is self-reported and does not cascade from any parent organisation. The focus remains on managing and reporting its direct and indirect emissions through Scopes 1 and 2, with an emphasis on improving operational efficiency in the steel production process.
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| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 39,335,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 143,544,000 | 000,000,000 | 000,000,000 |
| 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.
Vardhman Special Steels 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.
