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 13 is lower than 93% 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 13,115,000 kg CO2e, comprising 1,091,000 kg CO2e from Scope 1 and 12,015,000 kg CO2e from Scope 2. This data reflects a commitment to transparency in emissions reporting, although no Scope 3 emissions data has been disclosed. The company has shown a reduction in emissions from the previous year, 2022, where total emissions were about 9,467,000 kg CO2e, with 768,000 kg CO2e from Scope 1 and 8,797,000 kg CO2e from Scope 2. This indicates a proactive approach to managing their carbon footprint, although specific reduction targets or initiatives have not been outlined. Balu Forge Industries Limited has not cascaded any emissions data from a parent or related organization, and there are currently no science-based targets (SBTi) or climate pledges reported. The company continues to focus on improving its emissions intensity, with a reported Scope 1 and 2 emission intensity of about 29,450 kg CO2e per employee in 2023. Overall, while Balu Forge Industries Limited has made strides in emissions reporting and reduction, further commitments and specific targets would enhance their climate strategy.
Access structured emissions data, company-specific emission factors, and source documents
2022 | 2023 | |
---|---|---|
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 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.