Happy Forgings
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 92% 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 2023, Happy Forgings reported total carbon emissions of approximately 75,000,000 kg CO2e for Scope 1 and about 80,983,000 kg CO2e for Scope 2. This indicates a significant operational footprint, with a combined total of approximately 155,983,000 kg CO2e. The company has disclosed emissions data for both Scope 1 and Scope 2, but there is no available data for Scope 3 emissions. For the following year, 2024, emissions increased slightly, with Scope 1 emissions at about 8,318,000 kg CO2e and Scope 2 emissions at approximately 93,778,000 kg CO2e, resulting in a total of around 102,096,000 kg CO2e. The emission intensity per rupee of turnover for both years was reported at about 0.000074 kg CO2e and 0.000075 kg CO2e, respectively, indicating a stable performance relative to revenue. Despite these figures, Happy Forgings has not set specific reduction targets or climate pledges, which may limit their ability to demonstrate a proactive approach to climate commitments. The absence of defined reduction initiatives suggests a need for further engagement in sustainability practices within the industry context.
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| 2023 | 2024 | |
|---|---|---|
| Scope 1 | 7,500,000 | 0,000,000 |
| Scope 2 | 80,983,000 | 00,000,000 |
| Scope 3 | - | - |
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.
Happy Forgings 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.
