BALCO Sustainability Profile
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
BALCO's score of 23 is lower than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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BALCO's reported carbon emissions
In 2024, BALCO reported significant carbon emissions totalling approximately 8,747,945,000 kg CO2e for Scope 1, 159,876,000 kg CO2e for Scope 2, and 1,790,641,000 kg CO2e for Scope 3 emissions. This data reflects a consistent emission profile inherited from its parent company, Bharat Aluminium Company Limited, which is a current subsidiary of Vedanta Limited. For 2023, BALCO's emissions were similar, with Scope 1 emissions at about 8,747,945,000 kg CO2e, Scope 2 at 159,876,000 kg CO2e, and Scope 3 at 1,991,987,000 kg CO2e. The emissions data for 2022 and 2021 is not available, indicating a lack of disclosed emissions for those years. Despite the substantial emissions figures, BALCO has not set specific reduction targets or initiatives as part of its climate commitments. The absence of SBTi (Science Based Targets initiative) reduction targets and other climate pledges suggests that the company may still be in the early stages of formalising its climate strategy. Overall, BALCO's emissions data highlights the challenges faced by the aluminium industry in managing carbon footprints, while the lack of defined reduction initiatives indicates an opportunity for the company to enhance its climate commitments moving forward.
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| 2023 | 2024 | |
|---|---|---|
| Scope 1 | 8,747,945,000 | 0,000,000,000 |
| Scope 2 | 159,876,000 | 000,000,000 |
| Scope 3 | 1,991,987,000 | 0,000,000,000 |
How Carbon Intensive is BALCO's Industry?
How Carbon Intensive is BALCO's Location?
BALCO's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
BALCO has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
