Bharat Forge Ltd 2024 SR
The report highlights Bharat Forge Limited's sustainability performance for the 2023-24 fiscal year, marking its fourth annual edition. Key achievements include a 21.05% reduction in Scope 2 emissions and an increase in renewable energy usage to 39.45%, with a target of 80% by 2030. The company received SBTi approval for its near-term emission reduction targets and achieved ISO 50001:2018 certification for energy management. Socially, BFL positively impacted over 257,759 lives through CSR projects and maintained a strong focus on employee safety. The report also details a comprehensive double materiality assessment and a commitment to achieving carbon neutrality in operations by 2040.
Company: Bharat Forge Ltd
Sector: Manufacturing
Country: India
Year: 2024
Type: SR
Pages: 124
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Bharat Forge Ltd
Sustainability Report
The report highlights Bharat Forge Limited's sustainability performance for the 2023-24 fiscal year, marking its fourth annual edition. Key achievements include a 21.05% reduction in Scope 2 emissions and an increase in renewable energy usage to 39.45%, with a target of 80% by 2030. The company received SBTi approval for its near-term emission reduction targets and achieved ISO 50001:2018 certification for energy management. Socially, BFL positively impacted over 257,759 lives through CSR projects and maintained a strong focus on employee safety. The report also details a comprehensive double materiality assessment and a commitment to achieving carbon neutrality in operations by 2040.
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Document Details
Report Year
2024
Reporting Period
Apr 1, 2023 - Mar 31, 2024
Fiscal Year
2024
Published
Nov 20, 2024
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