Bharat Forge Ltd

Common Name
Bharat Forge
Country
India
Sector
Consumer Cyclical
Industry
Auto Parts
Employees
3,778
Ticker
BHARATFORG
Exchange
NATIONAL STOCK EXCHANGE OF INDIA
Description
Bharat Forge Ltd. is a leading global engineering and manufacturing company based in India, specializing in forging products and services. The company primarily caters to the automotive industry, prod...

Bharat Forge's GHG Emissions Data Preview

In 2023, Bharat Forge completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy), and Scope 3 (indirect emissions across the value chain).

However, Bharat Forge has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Unspecified Calculation Method
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Bharat Forge's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Bharat Forge amounted to 281,638 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Bharat Forge increased by 15.04%, suggesting that the company faced challenges in reducing its emissions from its core operations.

Bharat Forge's Scope 1 Emissions Over Time

20192020202120222023035 k70 k105 k140 ktCO2e-36%-34%+33%+5%
  • Total Scope 1
  • Year-over-Year Change

What are Bharat Forge's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Bharat Forge were 79,276 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Bharat Forge reduced its Scope 1 emissions over time?

Since 2019, Bharat Forge's Scope 1 emissions have decreased by 41.28%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Bharat Forge's Scope 1 emissions increased by 4.56%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.

What are Bharat Forge's Scope 2 emissions?

In 2023, Bharat Forge reported Scope 2 greenhouse gas (GHG) emissions of 202,362 tCOâ‚‚e without specifying the calculation method.

Has Bharat Forge reduced its Scope 2 emissions over time?

Since 2019, Bharat Forge's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have decreased by 26.95%, reflecting a declining long-term trend in Scope 2 emissions over time.

Compared to the previous year (2022), Bharat Forge's Scope 2 emissions (Unspecified Calculation Method) rose by 19.74% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy

What methodology does Bharat Forge use for Scope 2 reporting?

In 2023, Bharat Forge reported its Scope 2 emissions using an unspecified methodology.

Bharat Forge's Scope 2 Emissions Over Time

20192020202120222023070 k140 k210 k280 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Bharat Forge's Value Chain Emissions

In 2023, Bharat Forge reported 564,967 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of Bharat Forge includes a breakdown across 0 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.

Bharat Forge's Scope 3 Emissions Over Time

202220230150 k300 k450 k600 ktCO2e+10%
  • Total Scope 3
  • Year-over-Year Change

What are Bharat Forge's Scope 3 emissions?

In 2023, Bharat Forge reported total Scope 3 emissions of 564,967 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Compared to the previous year (2022), Bharat Forge's Scope 3 emissions remained relatively stable, indicating that Bharat Forge 's emissions have plateaued with no significant change in its value chain footprint.

Insights into Bharat Forge's Total Carbon Footprint

In 2023, Bharat Forge reported a total carbon footprint of 846,605 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 11.59% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Bharat Forge's total carbon footprint was Scope 3 emissions, accounting for 66.73% of the company's total carbon footprint, followed by Scope 2 emissions at 23.9%.