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Welspun Corp Limited

Explore carbon emissions data for Welspun Corp Limited. Mycelium helps you review reported emissions, disclosure status, Scope 1, Scope 2 and Scope 3 data, climate targets and sustainability information in one company profile.

This profile brings together available carbon emissions data for Welspun Corp Limited, including reported figures, modelled estimates, disclosure documents and sustainability indicators, so you can review its emissions and compare its performance against similar companies. It is one entry in the Mycelium emissions database. Read how we source and check this data.

Emissions

Carbon emissions

Total yearly emissions across all scopes

1,814,680tCO2e(Location Based)(Mycelium adjusted)

Reported by Welspun Corp Limited
1,463,335 tCO₂e
Estimated by Mycelium
351,345 tCO₂e

Welspun Corp Limited reported 81% of the adjusted total. Mycelium estimated the remaining 19% for the categories it did not disclose. Welspun Corp Limited reported a Scope 3 total of 1,202,951 tCO₂e but did not break it down into the 15 categories. The model of the categories it did not report comes to more than that, so the adjusted total counts the model, with the reported figure inside it.

Scope 1

tCO2e

2,545

Scope 2 (Location Based)

tCO2e

257,839

Scope 3 total

tCO2e

1,554,296

Not yet checked against the source report

Scope 3 reported

  1. 1
  2. 2
  3. 3
  4. 4
  5. 5
  6. 6
  7. 7
  8. 8
  9. 9
  10. 10
  11. 11
  12. 12
  13. 13
  14. 14
  15. 15

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See the scope breakdown

Provenance

Review the sources and documents behind Welspun Corp Limited's emissions data. Provenance matters because it shows where the information comes from, how recent it is and how complete the disclosure appears to be.

Documents

Emissions
Factors

Modelled emission factorScope 1, 2 and upstream Scope 3 (categories 1–8)
0.780kgCO2e / $

Sustainability
Snapshot

Based on reported data, retrieved with AI

  • Welspun Corp Limited reported 1,463,335 tCO₂e in 2023.
  • Scope 3 accounted for 82% of reported emissions.
  • Scope 2 reported under the location based methodology.

According to available emissions disclosures, Welspun Corp Limited reported total yearly emissions of 1,463,335 tCO₂e in 2023. Scope 3 emissions accounted for 82% of the reported footprint, indicating supply chain activity, purchased goods and services, business travel, and wider operational dependencies were the most significant contributors to the company's carbon footprint.

The company achieved a Mycelium Score of 0.7, placing it well below average for its sector for sustainability performance, and received a transparency score of 26.0, pointing to very little public detail on their key emissions.

Scope
breakdown

Scope 1 emissions

Direct emissions from sources the company owns or controls, such as fuel use, facilities and vehicles.

REPORTED

Direct emissions

2,545

tCO2e

Scope 2 emissions

Indirect emissions from purchased energy, including electricity, heating and cooling.

REPORTED

Location based

257,839

tCO2e

Market based

–

tCO2e

Scope 3 emissions

Wider value chain emissions across the 15 GHG Protocol categories, from purchased goods and business travel to investments, where reported.

Welspun Corp Limited reported a Scope 3 total of 1,202,951 tCO₂e but did not break it down into the 15 categories. Mycelium's model of the categories it did not report comes to more than that, so the estimates below replace it in the adjusted total, with the reported figure counted inside them. The reported figure is not discarded, and you can see it in the downloads below.

ESTIMATED

Cat 1

Purchased goods & services

604,086

tCO2e
ESTIMATED

Cat 2

Capital goods

22,276

tCO2e
ESTIMATED

Cat 3

Fuel & energy related activities

19,461

tCO2e
ESTIMATED

Cat 4

Upstream transportation & distribution

9,890

tCO2e
ESTIMATED

Cat 5

Waste generated in operations

5,264

tCO2e
ESTIMATED

Cat 6

Business travel

1,930

tCO2e
ESTIMATED

Cat 7

Employee commuting

4,083

tCO2e
ESTIMATED

Cat 8

Upstream leased assets

845

tCO2e
ESTIMATED

Cat 9

Downstream transportation & distribution

21,060

tCO2e
ESTIMATED

Cat 10

Processing of sold products

32,310

tCO2e
ESTIMATED

Cat 11

Use of sold products

815,877

tCO2e
ESTIMATED

Cat 12

End-of-life treatment of sold products

3,193

tCO2e
ESTIMATED

Cat 13

Downstream leased assets

944

tCO2e
ESTIMATED

Cat 14

Franchises

4,027

tCO2e
ESTIMATED

Cat 15

Investments

9,050

tCO2e

15 values were derived via Mycelium's normalisation process rather than reported by the company. The company's own Scope 3 total is reported, it was simply filed as a single figure with no category split. A cell marked “ESTIMATED” is a figure the company did not disclose, modelled by Mycelium.

Verification

Independent third parties involved in checking or preparing Welspun Corp Limited's emissions data.

Independent assurance

Independently assured(limited assurance)by Price Waterhouse Chartered Accoutants LLPfor 2023

Contact Info

Country

India

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How scoring works

How the Mycelium Score is calculated

The Mycelium Score is out of 10. Up to 6.5 points reflect carbon intensity vs peers in the same NACE section (emissions normalised against revenue, log-scaled between the 5th and 95th percentile of each company's latest reporting year in that section; a section needs at least 5 companies to be benchmarked). The band above 6.5 is earned through verified data quality on a claimed profile: declaring every reporting category yourself (up to 2.0), preparation by a carbon accountant (2.0) and independently audited figures (2.0). The total is multiplied by the transparency score and capped at 10. A disclosure with an implausibly large figure (Scope 1 or 2 over 300 million tonnes, a Scope 3 figure over 2 billion tonnes or a total over 2.5 billion tonnes) is not scored until it has been checked.

A higher score means lower carbon intensity than sector peers, backed by data that's third-party verified, claimed by the company, and fully disclosed. Welspun Corp Limited's score sits at the top of this page and in the score panel. Without a revenue figure to measure carbon intensity, or an industry classification to compare it within, a company has no score.

How the Transparency Score is calculated

The Transparency Score is the share of a company's estimated footprint that it reported itself, graded from A (very high) down to F (very low). Where a category is missing, Mycelium models what it would hold for a company of that size and industry and counts it as undisclosed, so an unreported category where the bulk of emissions sit hurts far more than a minor one. Unreported downstream categories (9 to 15) count at a quarter of their modelled size in this share; the carbon intensity behind the score still counts them in full. A Scope 3 total filed without a category breakdown earns very little credit for the part left unattributed, because it does not show which categories are inside it: a company can count business travel, leave purchased goods out entirely, and the total looks the same. Without a revenue figure the footprint cannot be modelled, so the company has no Transparency Score.

For Welspun Corp Limited, the single biggest gap is Use of sold products (Scope 3 Category 11). Mycelium estimates it accounts for around 45% of the company's estimated footprint, yet it hasn't been disclosed. Leaving a bucket this large unreported is what's holding the transparency score down.

Other material categories Welspun Corp Limited hasn't disclosed:

  • Purchased goods & services (Scope 3 Category 1), around 33% of the estimated footprint

In total, roughly 86% of Welspun Corp Limited's estimated emissions sit in categories it hasn't reported. Disclosing these would be the fastest way to raise the transparency score.

Cover of Mycelium's scoring methodology white paperRead the full scoring methodologyOur white paper covers exactly how the Mycelium Score and Transparency Score are calculated, including the normalisation process and what earns a 10/10.Download the white paper (PDF)

Compare Welspun Corp Limited with similar companies

Welspun Corp Limited carbon emissions FAQs

What are Welspun Corp Limited's carbon emissions?

In its 2023 reporting year, Welspun Corp Limited disclosed total emissions of 1,463,335 tCO2e across all scopes. Including Mycelium estimates for undisclosed categories, the adjusted total is 1,814,680 tCO2e. Scope 3 accounted for the largest share of the reported total, around 82%.

Does Welspun Corp Limited report Scope 1, Scope 2 and Scope 3 emissions?

For 2023, Welspun Corp Limited's available disclosure covers Scope 1 (2,545 tCO2e), Scope 2 (257,839 tCO2e) and a Scope 3 total of 1,202,951 tCO2e without a category breakdown. Figures not reported by the company are shown as modelled estimates and labelled as such.

How transparent is Welspun Corp Limited's emissions reporting?

Welspun Corp Limited has a Mycelium transparency score of 26.0 out of 100. The score is the share of the company's estimated footprint that it reported itself, so an undisclosed category where most of its emissions sit weighs far more than a minor one.

Is Welspun Corp Limited sustainable?

Mycelium measures sustainability through carbon emissions data rather than giving a yes or no verdict. Welspun Corp Limited has a Mycelium Score of 0.7 out of 10, which reflects its emissions intensity against sector peers together with how transparent and well-verified its reporting is. The emissions figures and disclosure documents on this page give the fuller picture.

Is Welspun Corp Limited environmentally friendly?

Carbon emissions are one measurable part of environmental impact, and the part Mycelium tracks. Welspun Corp Limited disclosed 1,463,335 tCO2e for 2023, and its Mycelium Score of 0.7 out of 10 shows how that performance compares with similar companies in its sector.

Learn more about our methodology and where this data comes from.