HEG Limited Sustainability Profile
HEG Limited, a prominent player in the graphite and carbon industry, is headquartered in India and operates extensively across various regions. Founded in 1976, the company has established itself as a leader in manufacturing high-quality graphite electrodes, which are essential for electric arc furnaces in steel production. With a commitment to innovation, HEG Limited offers unique products that stand out for their superior performance and sustainability. The company has achieved significant milestones, including expanding its production capacity and enhancing its technological capabilities. Recognised for its market position, HEG Limited continues to drive advancements in the industry, contributing to the evolving landscape of materials science and energy efficiency.
DitchCarbon Score
How does HEG 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 Electrical Machinery Manufacturing 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
HEG Limited's score of 21 is lower than 77% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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HEG Limited's reported carbon emissions
In 2024, HEG Limited reported total carbon emissions of approximately 845,251,000 kg CO2e, comprising 178,393,000 kg CO2e from Scope 1, 306,219,000 kg CO2e from Scope 2, and 360,639,000 kg CO2e from Scope 3 emissions. This data reflects a comprehensive assessment of their emissions across all relevant scopes. In the previous year, 2023, HEG Limited's emissions were slightly lower, totalling about 717,395,000 kg CO2e, with Scope 1 emissions at 90,300,970 kg CO2e, Scope 2 emissions at 266,838,540 kg CO2e, and Scope 3 emissions at 360,255,000 kg CO2e. This indicates a significant increase in emissions in 2024 compared to 2023. HEG Limited has not disclosed any specific reduction targets or initiatives as part of their climate commitments. The company has not inherited emissions data from any parent organisation, and all reported figures are derived directly from HEG Limited's own assessments. The company’s emissions intensity metrics indicate a Scope 1 and Scope 2 emission intensity of about 4.6 kg CO2e per unit of physical output in 2024, which is a critical measure for understanding their operational efficiency in relation to carbon emissions. Overall, while HEG Limited has made strides in reporting its emissions, the absence of defined reduction targets suggests an area for potential improvement in their climate strategy.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 48,415,010 | 00,000,000 |
| Scope 2 | 268,385,850 | 000,000,000 |
| Scope 3 | - | 000,000,000 |
How Carbon Intensive is HEG Limited's Industry?
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HEG Limited'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.
HEG Limited has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
