Ramkrishna Forgings Ltd., a prominent player in the forging industry, is headquartered in India and operates extensively across various regions. Established in 1981, the company has carved a niche in manufacturing high-quality forged components, primarily serving the automotive, railways, and industrial sectors. With a diverse portfolio that includes products such as crankshafts, axles, and other critical components, Ramkrishna Forgings stands out for its commitment to innovation and quality. The company has achieved significant milestones, including ISO certifications and strategic partnerships, reinforcing its market position as a trusted supplier. Renowned for its advanced manufacturing processes and customer-centric approach, Ramkrishna Forgings Ltd. continues to drive excellence in the forging sector, contributing to the growth of industries both domestically and internationally.
How does Ramkrishna Forgings 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.
Mean score of companies in the Metal Fabrication 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.
Ramkrishna Forgings Ltd.'s score of 8 is lower than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Ramkrishna Forgings Ltd., headquartered in India, reported its carbon emissions data, focusing on its Scope 1 and Scope 2 emissions. The company disclosed a total emissions intensity of approximately 7.45 kg CO2e per rupee of turnover, based on a revenue of about USD 388.8 million. This figure reflects the company's operational efficiency in relation to its financial performance. For the previous year, 2022, the emissions intensity was slightly higher at approximately 8.23 kg CO2e per rupee of turnover, with a revenue of about USD 305.7 million. This indicates a positive trend towards reducing emissions relative to revenue, although specific absolute emissions figures for Scope 1, Scope 2, and Scope 3 were not disclosed. Currently, Ramkrishna Forgings Ltd. has not set any formal reduction targets or commitments under the Science Based Targets initiative (SBTi) or other climate pledges. The absence of specific reduction initiatives suggests that the company may be in the early stages of developing a comprehensive climate strategy. Overall, while Ramkrishna Forgings Ltd. has demonstrated some progress in emissions intensity, further transparency and commitment to reduction targets will be essential for aligning with industry standards and addressing climate change effectively.
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.
Ramkrishna Forgings Ltd. 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.