Ramkrishna Forgings Ltd 2022 AR2
The report highlights Ramkrishna Forgings Limited's commitment to integrating ESG into its operations, setting a target to achieve carbon neutrality by 2050 and sourcing 50% of its energy from renewable sources by 2028. During the fiscal year 2021-2022, the company achieved a significant financial turnaround with revenue from operations increasing by 77.38% to –2,28,536.55 lakhs and profit after tax rising to –20,650.18 lakhs. On the environmental front, the company developed a greenhouse gas inventory based on ISO 14064-1:2018 and committed to recycling 100% of its water by 2025. Additionally, the company established a Risk Management Committee to identify and mitigate ESG-related risks.
Company: Ramkrishna Forgings Ltd
Sector: Manufacturing
Country: India
Year: 2022
Type: AR2
Pages: 222
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Ramkrishna Forgings Ltd
Annual Report
The report highlights Ramkrishna Forgings Limited's commitment to integrating ESG into its operations, setting a target to achieve carbon neutrality by 2050 and sourcing 50% of its energy from renewable sources by 2028. During the fiscal year 2021-2022, the company achieved a significant financial turnaround with revenue from operations increasing by 77.38% to –2,28,536.55 lakhs and profit after tax rising to –20,650.18 lakhs. On the environmental front, the company developed a greenhouse gas inventory based on ISO 14064-1:2018 and committed to recycling 100% of its water by 2025. Additionally, the company established a Risk Management Committee to identify and mitigate ESG-related risks.
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Document Details
Report Year
2022
Reporting Period
Apr 1, 2021 - Mar 31, 2022
Fiscal Year
2022
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
Assurance
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Net Zero Target
Employees