BALCO
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 higher than 72% 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 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, totalling 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 2,791,980,640 kg CO2e, largely driven by purchased goods and services. Despite these figures, BALCO has not disclosed specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of documented climate pledges or SBTi (Science Based Targets initiative) commitments suggests a need for enhanced transparency and strategic planning in their climate commitments. As a major player in the industry, BALCO's emissions profile highlights the importance of addressing carbon emissions comprehensively to align with global climate goals.
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| 2023 | 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 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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 participating in any of the initiatives that 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.
