Happy Forgings Limited
Happy Forgings Limited, 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, positioning itself as a trusted supplier in both domestic and international markets. With a diverse range of core products, including forged rings, shafts, and custom components, Happy Forgings Limited is renowned for its commitment to precision and innovation. The company’s state-of-the-art manufacturing processes and stringent quality control measures ensure that each product meets the highest industry standards. Recognised for its reliability and excellence, Happy Forgings Limited continues to strengthen its market position, catering to the evolving needs of its clients while maintaining a focus on sustainability and technological advancement.
DitchCarbon Score
How does Happy Forgings Limited'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 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 Limited's score of 4 is lower than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Happy Forgings Limited's reported carbon emissions
In 2024, Happy Forgings Limited reported total carbon emissions of approximately 8,318,000 kg CO2e for Scope 1 and about 93,778,000 kg CO2e for Scope 2. This marks an increase from 2023, where emissions were about 7,500,000 kg CO2e for Scope 1 and approximately 80,983,000 kg CO2e for Scope 2. The company has not set specific reduction targets or climate pledges, indicating a potential area for improvement in their climate commitments. Their emissions intensity per rupee of turnover for Scope 1 and Scope 2 was approximately 0.000075 in 2024, slightly higher than the previous year's figure of 0.000074. In terms of physical output, the emissions intensity decreased from 1,300 kg CO2e per tonne in 2023 to 1,270 kg CO2e per tonne in 2024. Overall, while Happy Forgings Limited has made some progress in emissions intensity, the lack of defined reduction targets suggests a need for more robust climate action strategies moving forward.
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Add to project| 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 Limited is not committed to any 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.
