Isgec Heavy Engineering
Isgec Heavy Engineering Limited, commonly referred to as Isgec, is a prominent player in the heavy engineering sector, headquartered in India. Established in 1933, the company has evolved into a leader in manufacturing equipment for various industries, including power, oil and gas, and sugar. With a strong operational presence across India and international markets, Isgec has achieved significant milestones, including the development of advanced technologies and a diverse product portfolio. The company’s core offerings encompass boilers, pressure vessels, and industrial machinery, distinguished by their robust design and innovative engineering solutions. Isgec's commitment to quality and sustainability has solidified its market position, earning accolades for its contributions to the heavy engineering landscape. With decades of experience, Isgec continues to drive progress in the industry, reflecting its dedication to excellence and customer satisfaction.
DitchCarbon Score
How does Isgec Heavy Engineering's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Furniture Manufacturing industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Isgec Heavy Engineering's score of 16 is lower than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Isgec Heavy Engineering's reported carbon emissions
In 2023, Isgec Heavy Engineering reported total carbon emissions of approximately 13,003,300 kg CO2e for Scope 1 and 33,753,200 kg CO2e for Scope 2. This reflects a commitment to transparency in their emissions reporting, as they have disclosed both Scope 1 and Scope 2 emissions data. In 2022, the company recorded slightly lower emissions, with Scope 1 at about 10,727,200 kg CO2e and Scope 2 at approximately 30,770,200 kg CO2e. Isgec Heavy Engineering has set ambitious near-term climate commitments, aiming to minimise its carbon footprint across both Scope 1 and Scope 2 emissions from 2023 to 2025. While specific reduction percentages have not been disclosed, the company is focused on creating value for stakeholders while addressing its environmental impact. The company’s emissions per rupee of turnover have shown a slight improvement, with Scope 1 and 2 emissions per rupee of revenue reported at about 0.0000892 in 2023, compared to 0.0000573 in 2022. This indicates a proactive approach towards reducing emissions intensity relative to revenue. Overall, Isgec Heavy Engineering is actively working towards enhancing its sustainability practices and reducing its carbon emissions, aligning with industry standards for climate action.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 10,727,200 | 00,000,000 |
| Scope 2 | 30,770,200 | 00,000,000 |
| Scope 3 | - | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Isgec Heavy Engineering is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
