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 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 2024, Happy Forgings reported total carbon emissions of approximately 102.1 million kg CO2e, comprising 8.3 million kg CO2e from Scope 1 and 93.8 million kg CO2e from Scope 2 emissions. The previous year, 2023, the company recorded total emissions of about 88.5 million kg CO2e, with Scope 1 emissions at 7.5 million kg CO2e and Scope 2 emissions at 80.9 million kg CO2e. Happy Forgings is committed to achieving net-zero emissions, as indicated by their commitment status. They have set near-term targets and are actively working towards reducing their carbon footprint in the automobiles and components sector. The company has not disclosed any Scope 3 emissions data, which may indicate a focus on direct and indirect emissions from their operations and energy use. The emissions data is not cascaded from any parent organization, ensuring that the figures reflect Happy Forgings's own operational impact. The company continues to monitor and report its emissions, aligning with industry standards for climate accountability.
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| 2023 | 2024 | |
|---|---|---|
| Scope 1 | 7,500,000 | 0,000,000 |
| Scope 2 | 80,983,000 | 00,000,000 |
| Scope 3 | - | - |
How Carbon Intensive is Happy Forgings's Industry?
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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