- Organisation structure not aligned with rapid disruptive business environment and continuous innovation
- Changes in technology/government policy may result in product obsolescence
- Capital deployment into different businesses leading to reduction in ROCE
- Present IT Systems data architecture may not be able to meet the information requirements
- Challenge in achieving the desired synergies during mergers and acquisitions
- Changes in global political and economic environment may have an adverse impact
- Unable to attract, develop and retain top talent
- Intense competition in the market impacting market share
- Challenges in managing the risks from cyber security, data protection
- Disruptions in supply chain may adversely affect operations
Bharat Forge Limited
Greenhouse gas emissions & sustainability report data
In its 2023-04 to 2024-03 reporting, Bharat Forge Limited disclosed greenhouse gas emissions of 249.0K tCO2e/year. By scope: Scope 1: 82.7K tCO2e/year; Scope 2: 167.2K tCO2e/year; Scope 3: 564.2K 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
249.0K tCO2e/year
2023-04 to 2024-03
Renewable Energy
39.45%
of total energy
Water Usage
1.1B L/year
2023-04 to 2024-03
Waste
107.5K tons/year
2023-04 to 2024-03
Energy Use
1.4M MWh/year
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). | 82.7K tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 167.2K tCO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 564.2K 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 |
|---|---|
| 2023-04 to 2024-03 | 249.0K tCO2e/year |
| 2022-04 to 2023-03 | 281.6K tCO2e (Scope 1 & 2) + 564967 tCO2e (Scope 3) |
| 2021-22 | 216.5K tCO2e/year |
| 2021-04 to 2022-03 | 244.8K tCO2e/year |
| 2020-04 to 2021-03 | 212.8K 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 GHG Emission (Scope 1 & 2) by 11.39%
- Increased Renewable Energy Share to 39.45% of total electricity consumed
- Reduced Non-Hazardous Waste by 11.21%
- Reduced Specific Water Consumption by 2.81%
- Increased Use of Secondary Raw Material to 40%
🎯 Climate & Sustainability Targets
🔜 Short-term
- Obtain SA 8000 (Social Accountability) Certification
📅 Medium-term
- Achieve SBTi approval for near-term emission reduction targets
🌱 ESG Focus Areas
GovernanceEnvironmentalSocial