- Market volatilities and external pressures impacting profitability.
- Weak domestic demand and tough economic conditions in major European markets.
- GHG emissions from steel production.
- Energy management and reliance on fossil fuels.
- Hazardous waste generation.
- Ethical business conduct.
Mukand Limited
Greenhouse gas emissions & sustainability report data
In its 2023-24 reporting, Mukand Limited disclosed greenhouse gas emissions of 10.9M tCO2e/year (Scope 1 & 2). By scope: Scope 1: 915.1K tCO2e/year; Scope 2: 124.1K tCO2e/year; Scope 3: 158.6K tCO2e/year. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
10.9M tCO2e/year (Scope 1 & 2)
2023-24
Renewable Energy
70% (projected for Kalwe Plant)
of total energy
Water Usage
1.3M m3/year
2023-24
Waste
250.9K tons/year
2023-24
Energy Use
11.0M GJ/year
2023-24
📊 Emissions by Scope (2023-24)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 915.1K tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 124.1K tCO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 158.6K tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023-24 | 10.9M tCO2e/year (Scope 1 & 2) |
| 2022-23 | 915.0K + 123243.48 tCO2e/year (Scope 1 & 2) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced carbon footprint through a 43.75 MW AC Group Captive Solar project at Kalwe Plant, offsetting an estimated 54,687 Metric Tons of CO2 emissions per year and fulfilling up to 70% of the plant's energy requirement.
- Replaced furnace oil & LPG with Piped Natural Gas (PNG) in reheating furnaces, boilers, and annealing furnaces, improving surface quality and reducing environmental impact.
- 23.89 MWp Group Captive Solar project at Hospet plant, offsetting approximately 28,440 tonnes of CO2 emissions per year.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Invest in captive power generation to meet 60% of total energy needs by 2025.
🌱 ESG Focus Areas
Energy ConservationWaste ManagementWater UsageWorkplace SafetyEducation enhancementWomen empowermentPromoting sportsHealth initiativesInfrastructure development