Public Profile

Foseco

Foseco, a leading name in the foundry industry, is headquartered in India and operates extensively across major regions including Asia, Europe, and the Americas. Founded in 1932, Foseco has established itself as a pioneer in providing innovative solutions for metal casting processes. The company specialises in a range of core products and services, including foundry consumables, refractory materials, and advanced casting technologies, all designed to enhance efficiency and quality in metal production. With a strong commitment to research and development, Foseco has achieved significant milestones, positioning itself as a trusted partner for foundries worldwide. Its unique offerings, such as customised solutions and sustainable practices, have earned the company a notable reputation in the industry, making it a preferred choice for manufacturers seeking to optimise their operations.

DitchCarbon Score

How does Foseco'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.

14

Industry Average

Mean score of companies in the Iron Ores 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.

14

Industry Benchmark

Foseco's score of 14 is higher than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.

56%

Foseco's reported carbon emissions

In 2023, Foseco reported total carbon emissions of approximately 1,384,570,000 kg CO2e, comprising 2,473,000 kg CO2e from Scope 1, 3,092,000 kg CO2e from Scope 2, and 1,381,457,000 kg CO2e from Scope 3 emissions. This reflects a significant reduction in Scope 1 and Scope 2 emissions compared to previous years, where Scope 1 emissions were about 310,710,000 kg CO2e in 2021 and 272,257,000 kg CO2e in 2020, indicating a downward trend in direct emissions from operations. Foseco has committed to reduction targets that align with the necessary measures to limit global warming, although specific numerical targets have not been disclosed. The company is actively working towards improving its sustainability practices, particularly in managing emissions from its operations (Scopes 1 and 2). However, it has not yet committed to a net-zero target. Overall, Foseco's emissions data and climate commitments reflect a proactive approach to reducing its carbon footprint while navigating the complexities of its supply chain emissions.

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Add to project
20192020202120222023
Scope 1
322,573,000
000,000,000
000,000,000
0,000,000
0,000,000
Scope 2
108,631,000
00,000,000
00,000,000
0,000,000
0,000,000
Scope 3
1,341,498,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Foseco's primary industry is Iron ores, which is medium in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Foseco is headquartered in IN, which has a rank of very high, indicating very high grid carbon 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.

Foseco 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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The Nullagine Joint Venture

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers