Balu Forge Industries Ltd 2021 Sustainability Report
Company: Balu Forge Industries Ltd
Sector: Manufacturing
Country: India
Year: 2021
Type: Sustainability Report
Pages: 35
The report is Balu Forge Industries Limited's first ESG report and sets a carbon-neutral-by-2030 goal for operations, alongside a 30% absolute water-consumption reduction goal from 2021 to 2030. It reports FY2020-21 Scope 1 emissions of 51 t-CO2, Scope 2 emissions of 674 t-CO2, Scope 3 emissions of 12684 t-CO2, total energy consumption of 1,013,186 KWh, and water consumption of 3105 m3. The report also describes a workforce of over 85 employees, a six-member board with one woman member, and external reasonable assurance by Deep Sharma & Associates. It states that the report was prepared in accordance with GRI Standards and aligned with the UN Global Compact principles and SDGs.
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