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 80% 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 carbon emissions of approximately 13,003,300 kg CO2e for Scope 1 and about 33,753,200 kg CO2e for Scope 2. This data reflects their commitment to transparency in emissions reporting, with both scopes disclosed. The company has set ambitious near-term reduction targets for both Scope 1 and Scope 2 emissions, aiming to minimise its carbon footprint from 2023 to 2025. In 2022, the emissions were approximately 10,727,200 kg CO2e for Scope 1 and about 30,770,200 kg CO2e for Scope 2, indicating a proactive approach to managing and reducing their carbon impact over the years. Isgec Heavy Engineering's commitment to sustainability is evident in their ongoing initiatives to create value for stakeholders while addressing climate change. The company has not disclosed any Scope 3 emissions data, which often represents a significant portion of total emissions in many industries. Overall, Isgec Heavy Engineering is focused on achieving net-zero emissions in the near term, with specific targets set for 2024, demonstrating their dedication to environmental responsibility and climate action.
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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.
