Indian Metals And Ferro Alloys
Indian Metals and Ferro Alloys (IMFA), headquartered in India, is a leading player in the ferro alloys industry. Established in 1961, the company has made significant strides in the production of ferro alloys, primarily catering to the steel and stainless steel sectors. With major operations in Odisha, IMFA has positioned itself as a key supplier in the Indian market. IMFA's core offerings include ferro chrome, ferro manganese, and other ferro alloys, distinguished by their high quality and adherence to international standards. The company has achieved notable milestones, including the establishment of one of the largest ferro alloy plants in the country. Recognised for its commitment to sustainability and innovation, IMFA continues to strengthen its market position, contributing significantly to India's industrial landscape.
DitchCarbon Score
How does Indian Metals And Ferro Alloys'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 Non-Metallic Mineral Mining 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
Indian Metals And Ferro Alloys's score of 19 is higher than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Indian Metals And Ferro Alloys's reported carbon emissions
In 2024, Indian Metals and Ferro Alloys (IMFA) reported total carbon emissions of approximately 1,132,863,000 kg CO2e for Scope 1, 26,959,000 kg CO2e for Scope 2, and 23,731,000 kg CO2e for Scope 3. This reflects a comprehensive approach to emissions reporting, covering all three scopes. In 2023, the company recorded emissions of about 1,005,739,640 kg CO2e for Scope 1 and 41,179,000 kg CO2e for Scope 2, indicating a significant increase in Scope 1 emissions in 2024. IMFA has set ambitious reduction targets, aiming for a 30% decrease in both Scope 1 and Scope 2 emissions by 2030, using 2021 as the baseline year. The company has initiated various measures to achieve these targets, including the installation of 4.5 MW solar plants at Therubali and rooftop solar installations at its mines, which are expected to contribute to its net-zero commitments. The company's climate strategy is underpinned by its commitment to reducing greenhouse gas emissions through renewable energy initiatives and operational efficiencies. As of now, there are no reported SBTi targets or cascaded data from parent organizations, indicating that IMFA is independently managing its climate commitments.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 1,005,739,640 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 41,179,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | 00,000,000 |
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.
Indian Metals And Ferro Alloys 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.
