Happy Forgings Sustainability Profile
Happy Forgings Ltd, headquartered in India, is a prominent player in the forging industry, specialising in high-quality forged components for various sectors, including automotive, aerospace, and industrial machinery. Established in 1985, the company has achieved significant milestones, including expanding its operational footprint across key regions in India and beyond. Renowned for its precision-engineered products, Happy Forgings offers a diverse range of services, including custom forging, machining, and heat treatment. Their commitment to innovation and quality has positioned them as a trusted supplier in the market, catering to both domestic and international clients. With a focus on sustainability and advanced manufacturing techniques, Happy Forgings continues to set industry standards while maintaining a strong reputation for reliability and excellence.
DitchCarbon Score
How does Happy Forgings'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 Metal Fabrication 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
Happy Forgings's score of 11 is lower than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Happy Forgings's reported carbon emissions
In 2024, Happy Forgings reported total carbon emissions of approximately 83,180,000 kg CO2e for Scope 1 and 93,778,000 kg CO2e for Scope 2. This represents a slight increase from 2023, where emissions were about 7,500,000 kg CO2e for Scope 1 and 80,983,000 kg CO2e for Scope 2. The company has disclosed emissions data for both Scope 1 and Scope 2 but has not reported any Scope 3 emissions. Happy Forgings is committed to achieving net-zero emissions, as indicated by their commitment status with the Science Based Targets initiative (SBTi). While specific reduction targets have not been detailed, the company is actively working towards its climate commitments within the automobiles and components sector. The emissions intensity for Scope 1 and Scope 2 in 2024 was approximately 1270 kg CO2e per tonne of physical output, reflecting their operational efficiency in relation to emissions. The company continues to focus on reducing its carbon footprint as part of its broader climate strategy.
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| 2023 | 2024 | |
|---|---|---|
| Scope 1 | 7,500,000 | 0,000,000 |
| Scope 2 | 80,983,000 | 00,000,000 |
| Scope 3 | - | - |
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Happy Forgings's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Happy Forgings has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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Frequently Asked Questions
Common questions about Happy Forgings's sustainability data and climate commitments