Bharat Forge Ltd 2023 SR
The report highlights Bharat Forge's commitment to sustainability through its "Technology for Sustainability" theme, focusing on decarbonization and resource efficiency. Key achievements include a 99.5% waste recycling rate and a significant increase in renewable energy use, reaching 29% of total electricity consumption. The company has set ambitious targets, including achieving carbon neutrality by 2040 and an 80% renewable energy share by 2030. Social initiatives positively impacted over 216,000 lives across 100 villages through the "Green Village" project. Governance is strengthened by a dedicated Board-level ESG Committee and adherence to GRI Standards 2021.
Company: Bharat Forge Ltd
Sector: Manufacturing
Country: India
Year: 2023
Type: SR
Pages: 112
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Bharat Forge Ltd
Sustainability Report
The report highlights Bharat Forge's commitment to sustainability through its "Technology for Sustainability" theme, focusing on decarbonization and resource efficiency. Key achievements include a 99.5% waste recycling rate and a significant increase in renewable energy use, reaching 29% of total electricity consumption. The company has set ambitious targets, including achieving carbon neutrality by 2040 and an 80% renewable energy share by 2030. Social initiatives positively impacted over 216,000 lives across 100 villages through the "Green Village" project. Governance is strengthened by a dedicated Board-level ESG Committee and adherence to GRI Standards 2021.
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Document Details
Report Year
2023
Reporting Period
Apr 1, 2022 - Mar 31, 2023
Fiscal Year
2023
Published
Oct 23, 2023
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
Sustainable Development Goals
Other Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Renewable Energy
Water Consumption
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees