- Economic risks from fluctuations in international crude oil and product markets
- Financial risks such as foreign exchange rate fluctuations and exposure to borrowings
- Competition risks from both existing businesses and established international players
- Operational risks like pilferage, labor unrest, and unplanned facility shutdowns
- Security and fraud risks, including cybersecurity threats, data leaks, and physical security issues
- Reputational risks impacting brand value
- Environmental risks due to the impact of business activities on the environment and rising compliance costs from emerging regulations
- Compliance risks from tax disputes and litigation
- Risks from changes in government policies that could affect profitability and business operations
Balu Forge Industries Limited
Greenhouse gas emissions & sustainability report data
By scope: Scope 1: 1.1K Metric tonnes of CO2 equivalent; Scope 2: 12.0K Metric tonnes of CO2 equivalent. 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.
Water Usage
33.0K KL
2023-04 to 2024-03
Waste
3.7K MT
2023-04 to 2024-03
Energy Use
70.2K GJ
2023-04 to 2024-03
📊 Emissions by Scope (2023-04 to 2024-03)
| 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). | 1.1K Metric tonnes of CO2 equivalent |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 12.0K Metric tonnes of CO2 equivalent |
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 |
|---|---|
| 2020-21 | 14.1K t-CO2e |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Implemented best-in-class technology for manufacturing operations to limit ecological footprint
- Implemented environment, health, and safety (EHS) management systems at all plants
🎯 Climate & Sustainability Targets
🔜 Short-term
- Achieve 100% water recycling by 2027
📅 Medium-term
- Achieve Zero Liquid Discharge by 2030
- Reduce total waste generation by 2030
- Increase women's representation in leadership by 20% by 2030
- Reduce GHG emissions by 20% across all manufacturing locations by 2028
🔭 Long-term
- Carbon Neutral Operation by 2040
- Transition to 100% renewable energy by 2035
- Net zero emissions by 2040
🌱 ESG Focus Areas
EnvironmentalSocialGovernance