- Risk of existing manufacturing/production solutions that do not meet new technological advancements or upgradation of future market needs
- Risk of losing potential customer during the course of business
- Non-compliance with safety measures by employees
- Non-awareness of hazardous nature of chemicals may lead to potential hazards
- Business interruption due to natural calamities
- Supply chain interruption
- Risk of inadequate data centre & far sight Disaster Recovery
- Business interruptions due to Pandemic
- General slowdown in the automobile markets
- Growing cost of key raw materials
Automotive Axles Limited
Greenhouse gas emissions & sustainability report data
In its 2022-23 reporting, Automotive Axles Limited disclosed greenhouse gas emissions of 22.1K MTCO2e. By scope: Scope 1: 5.1K MTCO2e; Scope 2: 18.0K MTCO2e; Scope 3: 4.5K MTCO2e. 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
22.1K MTCO2e
2022-23
Water Usage
92.8K KL
2022-23
Waste
17.1K metric tons
2022-23
📊 Emissions by Scope (2022-23)
| 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). | 5.1K MTCO2e |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 18.0K MTCO2e |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 4.5K MTCO2e |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Installed a rainwater harvesting facility with a capacity of 600 KL and a storm water harvesting facility with a capacity of 600 KL
- Replaced induction motors with energy-efficient motors and Variable Frequency Drive (VFD) for significant energy use, saving 20% energy
- Adopted solar energy to contain carbon emissions
- Substantial reduction in usage of wooden and plastic packaging materials which is replaced with environment friendly materials
- Working towards paperless office and reduction of usage of papers
🎯 Climate & Sustainability Targets
🔜 Short-term
- Implementation of Total Productive Maintenance (TPM) by 2024-25
- Total Quality Maintenance (TQM) to achieve maximum property, facility, equipment and total infrastructure life prospective by 2024-25
- Journey towards developing concept of paperless factory through digitalization of conventional operation and processes by 2026
📅 Medium-term
- 80% of power consumption through renewable energy by 2028
🔭 Long-term
- Achieve excellence in sustainability by 2028
🌱 ESG Focus Areas
water conservationreusable packagingcarbon emission controlenergy conservationwaste managementcarbon sequestrationeducationvocational skillshealthcarecorporate governance