Isgec Heavy Engineering Sustainability Profile
Isgec Heavy Engineering Limited, commonly referred to as Isgec, is a prominent player in the heavy engineering sector, headquartered in India. Established in 1933, the company has evolved into a leader in manufacturing equipment for various industries, including power, oil and gas, and sugar. With a strong operational presence across India and international markets, Isgec has achieved significant milestones, including the development of advanced technologies and a diverse product portfolio. The company’s core offerings encompass boilers, pressure vessels, and industrial machinery, distinguished by their robust design and innovative engineering solutions. Isgec's commitment to quality and sustainability has solidified its market position, earning accolades for its contributions to the heavy engineering landscape. With decades of experience, Isgec continues to drive progress in the industry, reflecting its dedication to excellence and customer satisfaction.
DitchCarbon Score
How does Isgec Heavy Engineering'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 Furniture 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
Isgec Heavy Engineering's score of 16 is lower than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Isgec Heavy Engineering's reported carbon emissions
In 2023, Isgec Heavy Engineering reported total emissions of approximately 46,006,600 kg CO2e, comprising 13,003,300 kg CO2e from Scope 1 and 33,753,200 kg CO2e from Scope 2. The company has set ambitious near-term climate commitments, aiming to minimise its carbon footprint across both Scope 1 and Scope 2 emissions by 2025. These commitments reflect Isgec's dedication to sustainability while continuing to create value for stakeholders. The emissions data for 2022 indicates a total of approximately 41,474,200 kg CO2e, with Scope 1 emissions at 10,727,200 kg CO2e and Scope 2 emissions at 30,770,200 kg CO2e. This demonstrates a proactive approach to managing and reducing carbon emissions over the years. Isgec Heavy Engineering's climate strategy is focused on achieving net-zero emissions in the near term, with specific targets established for both Scope 1 and Scope 2 emissions. The company is committed to transparency and accountability in its sustainability efforts, as evidenced by its detailed reporting and adherence to industry standards.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 10,727,200 | 00,000,000 |
| Scope 2 | 30,770,200 | 00,000,000 |
| Scope 3 | - | - |
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Isgec Heavy Engineering'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.
Isgec Heavy Engineering 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.
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