Bharat Forge Sustainability Profile
Bharat Forge Limited, a leading global player in the forging industry, is headquartered in Pune, India. Established in 1961, the company has evolved into a prominent manufacturer of high-performance components for various sectors, including automotive, aerospace, and defence. With a strong presence in North America, Europe, and Asia, Bharat Forge has consistently demonstrated its commitment to innovation and quality. The company’s core offerings include forged and machined components, which are distinguished by their advanced engineering and precision manufacturing processes. Bharat Forge has achieved significant milestones, including collaborations with major automotive manufacturers and recognition for its sustainable practices. As a market leader, Bharat Forge continues to set benchmarks in the industry, leveraging cutting-edge technology to meet the evolving needs of its global clientele.
DitchCarbon Score
How does Bharat Forge'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 Business Services 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
Bharat Forge's score of 59 is higher than 77% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Bharat Forge's reported carbon emissions
In 2024, Bharat Forge reported total carbon emissions of approximately 82745000 kg CO2e for Scope 1, 167163000 kg CO2e for Scope 2, and 564161000 kg CO2e for Scope 3. This reflects a comprehensive approach to emissions reporting, covering all three scopes. The company has set ambitious targets to reduce its carbon footprint, committing to a 50% reduction in Scope 1 and 2 emissions by 2030, and achieving carbon neutrality across all operations by 2040. Bharat Forge's long-term goals include a significant reduction of 54.6% in absolute Scope 1, 2, and 3 greenhouse gas emissions by FY2033, using FY2020 as the baseline year. This commitment aligns with the Science Based Targets initiative (SBTi) and demonstrates the company's dedication to sustainable practices within the automotive and components sector. The emissions data indicates a proactive stance towards climate action, with a focus on both immediate and long-term strategies to mitigate environmental impact. Bharat Forge's initiatives reflect a growing trend in the industry towards transparency and accountability in carbon emissions management.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 135,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 277,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | - | 000,000,000 | 000,000,000 |
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Bharat Forge'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.
Bharat Forge has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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