Steelcast Limited Sustainability Profile
Steelcast Limited, headquartered in India, is a prominent player in the steel casting industry, specialising in high-quality castings for various sectors, including defence, railways, and heavy engineering. Founded in 1991, the company has established itself as a trusted name, known for its innovative solutions and commitment to excellence. With a strong operational presence across India and a growing international footprint, Steelcast Limited offers a diverse range of products, including precision-engineered castings and components. Their unique manufacturing processes and stringent quality control measures set them apart in a competitive market. Recognised for their reliability and performance, Steelcast Limited continues to achieve significant milestones, solidifying its position as a leader in the steel casting sector.
DitchCarbon Score
How does Steelcast Limited'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 Iron and Steel Production 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
Steelcast Limited's score of 13 is lower than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Steelcast Limited's reported carbon emissions
In 2023, Steelcast Limited reported total carbon emissions of approximately 36,000,000 kg CO2e, comprising 9,364,000 kg CO2e from Scope 1, 26,279,000 kg CO2e from Scope 2, and 163,000 kg CO2e from Scope 3 emissions. The previous year, 2022, the company recorded total emissions of about 34,000,000 kg CO2e, with Scope 1 emissions at 11,523,000 kg CO2e, Scope 2 at 33,030,000 kg CO2e, and Scope 3 at 138,000 kg CO2e. Despite these figures, Steelcast Limited has not disclosed any specific reduction targets or climate pledges, indicating a potential area for improvement in their climate commitments. The company does not inherit emissions data from any parent organisation, and all reported data is directly from Steelcast Limited. As of 2024, emissions data is not yet available, but the company continues to focus on its operational efficiency, as indicated by its revenue of approximately USD 49,186,436. The emissions per rupee of turnover for 2024 is reported at about 8.9e-09 kg CO2e, suggesting a commitment to improving emissions intensity relative to revenue. Overall, while Steelcast Limited has made strides in tracking its emissions, the absence of formal reduction targets highlights an opportunity for enhanced climate action.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 11,523,000 | 0,000,000 |
| Scope 2 | 33,030,000 | 00,000,000 |
| Scope 3 | 138,000 | 000,000 |
How Carbon Intensive is Steelcast Limited's Industry?
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Steelcast Limited'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.
Steelcast Limited 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.
