Balu Forge Industries Limited, often referred to as Balu Industries, is a prominent player in the manufacturing sector, headquartered in India. Established in 1975, the company has carved a niche in the automotive and engineering industries, specialising in precision forging and machining components. With a strong operational presence across various regions in India, Balu Industries has consistently delivered high-quality products that meet stringent industry standards. The company’s core offerings include a diverse range of forged components, catering to both domestic and international markets. Balu Forge Industries is recognised for its innovative approach and commitment to quality, which has solidified its position as a trusted supplier in the automotive sector. Notable achievements include significant partnerships and a robust export portfolio, reflecting its dedication to excellence and customer satisfaction.
How does Balu Forge Industries Limited'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 Computer Services 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.
Balu Forge Industries Limited's score of 14 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Balu Forge Industries Limited reported total carbon emissions of approximately 8,797,000 kg CO2e from Scope 2 and about 768,000 kg CO2e from Scope 1. This indicates a significant reliance on indirect emissions associated with energy consumption, as reflected in their Scope 2 figures. For the previous year, 2024, the company recorded emissions of about 12,015,000 kg CO2e in Scope 2 and approximately 1,091,000 kg CO2e in Scope 1. This data suggests an increase in emissions, particularly in Scope 2, which may warrant further investigation into their energy sourcing and efficiency measures. Balu Forge Industries has not disclosed any specific reduction targets or initiatives as part of their climate commitments. The absence of defined reduction strategies highlights a potential area for improvement in their sustainability efforts. The company’s emissions intensity metrics indicate a focus on reducing emissions per employee and per unit of revenue, but without concrete targets, the effectiveness of these measures remains uncertain. Overall, Balu Forge Industries Limited's current emissions data underscores the need for enhanced climate action and clearer commitments to reduce their carbon footprint in the coming years.
Access structured emissions data, company-specific emission factors, and source documents
Get Started2023 | 2024 | |
---|---|---|
Scope 1 | 768,000 | 0,000,000 |
Scope 2 | 8,797,000 | 00,000,000 |
Scope 3 | - | - |
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.
Balu Forge Industries Limited 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.