IFGL Refractories Ltd Sustainability Profile
IFGL Refractories Ltd, headquartered in India, is a prominent player in the refractories industry, specialising in high-quality refractory products and solutions. Founded in 1961, the company has established a strong presence in key operational regions, including Asia and Europe, and has achieved significant milestones in innovation and production efficiency. The core offerings of IFGL Refractories include a diverse range of refractory materials, such as monolithic refractories and precast shapes, which are renowned for their durability and performance in extreme conditions. Their commitment to quality and customer satisfaction has positioned them as a trusted partner in sectors like steel, cement, and glass manufacturing. With a robust market position, IFGL Refractories Ltd continues to lead the industry through technological advancements and sustainable practices, making it a noteworthy name in the global refractories landscape.
DitchCarbon Score
How does IFGL Refractories Ltd'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 Glass Products 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
IFGL Refractories Ltd's score of 6 is lower than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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IFGL Refractories Ltd's reported carbon emissions
In 2024, IFGL Refractories Ltd reported total carbon emissions of approximately 9,132,000 kg CO2e for Scope 1 and about 11,704,000 kg CO2e for Scope 2. This marks a slight increase from 2023, where emissions were approximately 8,911,000 kg CO2e for Scope 1 and about 10,327,000 kg CO2e for Scope 2. The company has consistently disclosed emissions data for both Scope 1 and Scope 2, but does not currently report on Scope 3 emissions. In 2022, the emissions figures were approximately 10,137,000 kg CO2e for Scope 1 and about 9,883,000 kg CO2e for Scope 2, indicating a trend of increasing emissions over the years. Despite these figures, IFGL Refractories Ltd has not set specific reduction targets or climate pledges, as indicated by the absence of documented reduction initiatives or SBTi targets. The emissions data is cascaded from the parent organization, IFGL Refractories Limited, reflecting a merged entity structure. Overall, while IFGL Refractories Ltd has made strides in transparency regarding its emissions, the lack of defined reduction commitments highlights an area for potential improvement in its climate strategy.
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| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 10,137,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 9,883,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - |
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IFGL Refractories Ltd'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.
IFGL Refractories Ltd 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.
