Bharat Forge
Bharat Forge Limited, a leading global player in the forging industry, is headquartered in Pune, India. Established in 1961, the company has evolved into a prominent manufacturer of high-performance components for various sectors, including automotive, aerospace, and defence. With a strong presence in North America, Europe, and Asia, Bharat Forge has consistently demonstrated its commitment to innovation and quality. The company’s core offerings include forged and machined components, which are distinguished by their advanced engineering and precision manufacturing processes. Bharat Forge has achieved significant milestones, including collaborations with major automotive manufacturers and recognition for its sustainable practices. As a market leader, Bharat Forge continues to set benchmarks in the industry, leveraging cutting-edge technology to meet the evolving needs of its global clientele.
DitchCarbon Score
How does Bharat Forge'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 Business 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
Bharat Forge's score of 61 is higher than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Bharat Forge's reported carbon emissions
In 2024, Bharat Forge reported total carbon emissions of approximately 82745000 kg CO2e for Scope 1, 167163000 kg CO2e for Scope 2, and 564161000 kg CO2e for Scope 3, resulting in a combined total of about 281000000 kg CO2e for Scope 1 and 2 emissions. This reflects a slight increase in Scope 1 emissions from 79276000 kg CO2e in 2023, while Scope 2 emissions decreased from 202362000 kg CO2e in the same year. The company has set ambitious targets to reduce its carbon footprint, committing to a 54.6% reduction in absolute Scope 1 and 2 greenhouse gas emissions by FY2033 from a FY2020 baseline. Additionally, Bharat Forge aims for a similar reduction in Scope 3 emissions within the same timeframe. Bharat Forge has also established a near-term target to achieve a 50% reduction in Scope 1 and 2 emissions by 2030. Furthermore, the company has pledged to attain carbon neutrality in its operations by 2040. These commitments align with the Science Based Targets initiative (SBTi) and demonstrate Bharat Forge's dedication to sustainable practices within the automotive and components sector.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 135,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 277,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | - | 000,000,000 | 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.
Bharat Forge is participating in some 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.
