Five sectors fuel emissions, half fumble on renewable energy in FY23

The data also revealed a concentration of other critical environmental factors, such as water withdrawal and waste generation

A handful of large sectors accounted for the majority of emissions from listed companies in 2022-23 (FY23).

Power, metals and mining, construction material, chemical, as well as oil, gas and consumable fuels collectively contributed to 90 per cent of emissions. 

This analysis is based on data from 1,040 listed companies compiled from their annual reports by EY India and shared with Business Standard. These companies emitted 1.26 billion metric tonnes of carbon dioxide equivalent (MTCO2e) under Scope 1 emissions and 0.14 billion MTCO2e under Scope 2 emissions in FY23.

Emissions made directly from sources owned by the companies fall under