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 56 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Bharat Forge's reported carbon emissions
In 2023, Bharat Forge reported total carbon emissions of approximately 281,000,000 kg CO2e, comprising 79,276,000 kg CO2e from Scope 1, 202,362,000 kg CO2e from Scope 2, and a significant 564,947,000 kg CO2e from Scope 3 emissions. This marked an increase in emissions compared to previous years, with total emissions in 2022 being about 238,000,000 kg CO2e. Bharat Forge has set ambitious climate commitments, aiming to reduce absolute Scope 1 and 2 greenhouse gas emissions by 54.6% by FY2033, using FY2020 as the baseline. This target also extends to Scope 3 emissions, reflecting a comprehensive approach to tackling their carbon footprint. The company is aligned with the Science Based Targets initiative (SBTi), ensuring that their reduction targets are consistent with the global goal of limiting temperature rise to 1.5°C. Overall, Bharat Forge's commitment to significant emissions reductions demonstrates a proactive stance in addressing climate change within the automotive and components sector, positioning itself as a responsible corporate entity in India.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 83,000,000 | 00,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 167,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 202,000,000 | 00,000,000 | 000,000,000 | 00,000,000 | 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 committed to some 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.
