Balu Forge Industries Limited
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
Balu Forge Industries Limited's score of 20 is lower than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Balu Forge Industries Limited's reported carbon emissions
In 2023, Balu Forge Industries Limited reported total carbon emissions of approximately 8,768,000 kg CO2e from Scope 2 and 768,000 kg CO2e from Scope 1, totalling about 9,536,000 kg CO2e. The company has disclosed emissions data for both Scope 1 and Scope 2, but there is no information available regarding Scope 3 emissions. For the following year, 2024, Balu Forge Industries' emissions increased, with Scope 1 emissions at approximately 1,091,000 kg CO2e and Scope 2 emissions at about 12,015,000 kg CO2e, resulting in a total of around 13,106,000 kg CO2e. The company has reported emission intensities of 0.000034 per rupee of turnover and 29,450 kg CO2e per employee for 2024. Despite these figures, Balu Forge Industries has not set specific reduction targets or climate pledges, indicating a potential area for future commitment in their sustainability strategy. The absence of defined reduction initiatives suggests that the company may need to enhance its climate action framework to align with industry standards and expectations.
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| 2023 | 2024 | |
|---|---|---|
| Scope 1 | 768,000 | 0,000,000 |
| Scope 2 | 8,797,000 | 00,000,000 |
| Scope 3 | - | - |
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.
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.
