Vardhman Special Steels Limited

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023-24🗂️ Report periods on file: 2023-24

In its 2023-24 reporting, Vardhman Special Steels Limited disclosed greenhouse gas emissions of 166.1K tCO2e (Scope 1 & 2). By scope: Scope 1: 36.8K tCO2e; Scope 2: 129.6K tCO2e. 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.

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GHG Emissions
166.1K tCO2e (Scope 1 & 2)
2023-24
💧
Water Usage
223.2K KL
2023-24
♻️
Waste
45.8K tons
2023-24
⚙️
Energy Use
987.2K GJ
2023-24

📊 Emissions by Scope (2023-24)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).36.8K tCO2e
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.129.6K tCO2e

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Meet 40% of electricity consumption by solar energy by March 2025.

🌱 ESG Focus Areas

Greenhouse Gas (GHG) EmissionsEnergy ManagementWater ManagementOccupational Health and SafetyCyber security

⚠️ Challenges & Risks +

  • Transitioning to a carbon-neutral future.
  • Regulatory efforts to reduce GHG emissions.
  • Water scarcity and regulations on effluents.
  • Risks to employees and contractors working in the plants.
  • Cybersecurity risks and increasing regulatory requirements.

📋 Report Information

Reporting Period: 2023-24
Frameworks: NGRBC, UN Guiding Principles for Business and Human Rights (UNGPs), UN Sustainable Development Goals (SDGs), Paris Agreement on Climate Change, Core Conventions of the International Labour Organization (ILO), Companies Act, 2013