BALCO, or Bharat Aluminium Company Limited, is a prominent player in the aluminium industry, headquartered in Korba, Chhattisgarh, India. Established in 1965, BALCO has made significant strides in the production and supply of aluminium and its products, catering to various sectors including automotive, construction, and packaging. With a focus on innovation, BALCO offers a diverse range of products such as aluminium ingots, rolled products, and extrusions, distinguished by their high quality and sustainability. The company has achieved notable milestones, including the implementation of advanced technologies and a commitment to environmental stewardship. As a subsidiary of Vedanta Limited, BALCO holds a strong market position, recognised for its operational excellence and contribution to India's aluminium landscape. Its dedication to quality and customer satisfaction continues to set BALCO apart in a competitive industry.
How does BALCO's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Salt and Mineral Mining industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
BALCO's score of 15 is higher than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, BALCO reported total carbon emissions of approximately 1,538,154,000 kg CO2e, comprising 874,794,000 kg CO2e from Scope 1, 464,162,000 kg CO2e from Scope 2, and 199,198,000 kg CO2e from Scope 3 emissions. The following year, 2024, emissions increased significantly to about 3,000,000,000 kg CO2e, with Scope 1 emissions at 914,189,640 kg CO2e, Scope 2 at 159,876,160 kg CO2e, and a substantial rise in Scope 3 emissions to approximately 2,791,980,640 kg CO2e, which included 1,000,000,000 kg CO2e from purchased goods and services. Despite these figures, BALCO has not disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or any formal climate pledges. The company is actively working on improving its operational efficiency, as indicated by its lowest ever specific alumina consumption of 1,931 kg CO2e per tonne and expected savings from novel cathode relining designs, which could save about 420 kg CO2e per tonne. As BALCO continues to navigate its carbon footprint, the focus remains on enhancing sustainability practices within the industry context, although specific commitments and targets are currently unspecified.
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Add to project2023 | 2024 | |
---|---|---|
Scope 1 | 874,794,000 | 000,000,000 |
Scope 2 | 464,162,000 | 000,000,000 |
Scope 3 | 199,198,000 | 0,000,000,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
BALCO is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.