Emissions intensity of Indian listed companies: FY2024-25 benchmarks by sector
Median Scope 1 + 2 intensity per ₹ crore of turnover from FY2024-25 BRSR filings is 11.5 tCO2e for oil, gas and refining, 62.9 for steel and 1.0 for banks.
- Key finding
- Median Scope 1 + 2 intensity: 11.5 tCO2e per ₹ crore in oil, gas and refining; 62.9 in steel; 1.0 in banks.
- Data
- BRSR filings on NSE and BSE, FY2021-22 to FY2025-26
- Scope
- Aggregate figures only; no company is named
- From
- Sustainize, Dscvry's sustainability reporting product: it collects ESG data, checks it, and produces GRI, BRSR, ESRS and ISSB disclosures with every number traced to its source.
"How do we compare?" is the first question a board asks about an emissions number. We computed sector benchmarks from FY2024-25 BRSR filings so the answer can start from real data.
Scope 1 + 2 intensity per ₹ crore of turnover
| Peer group | Companies with a value | 25th percentile | Median | 75th percentile |
|---|---|---|---|---|
| Oil, gas and refining | 11 | 5.2 | 11.5 | 68.4 |
| Basic metals and steel | 45 | 27.9 | 62.9 | 301.8 |
| Banks and financial services | 90 | 0.42 | 1.02 | 1.62 |
| All listed companies | 824 | 2.6 | 11.7 | 44.5 |
Figures in tonnes of CO2-equivalent per ₹ crore of turnover.
Energy, water and people
| Peer group | Energy (GJ per ₹ crore) | Water withdrawal (kL per ₹ crore) | Women among employees | Women on the board |
|---|---|---|---|---|
| Oil, gas and refining | 151 | 72 | 9.7% | 14.3% |
| Basic metals and steel | 524 | 221 | 4.8% | 16.7% |
| Banks and financial services | 5.6 | 6.7 | 23.7% | 16.7% |
| All listed companies | 79 | 80 | 9.1% | 16.7% |
Medians across companies in each group.
Reading these numbers
- The spread matters as much as the median. In steel, the 75th percentile is almost five times the median: integrated producers and processors sit in the same group.
- The oil and gas group is small. Only 11 companies report both emissions and turnover cleanly, so treat its percentiles as indicative.
- Turnover needs cleaning first. A share of filings report turnover with a scale error, which makes a naive intensity calculation wildly wrong. Values flagged as impossible are excluded.
Method
- One primary filing per company and year, FY2024-25; only values that pass our quality flags.
- Sector is the most frequent 2-digit NIC division among the products and services each company reports in BRSR Section A.
- Intensity divides by turnover in ₹ crore. Shares are computed from reported head counts.
- Groups with fewer than ten companies are not published. No company is named.
- Source: Dscvry analysis of BRSR XBRL filings on NSE and BSE.
The Sustainize live demo places a sample company against these percentiles, metric by metric. Switch the peer group to see how much the comparison changes.