At Bharat Forge, we are continually taking measure to reduce our carbon emissions and are preparing an action plan to decarbonize our operations. Adoption of renewable energy is an important step towards this. In FY 2022, 24.25% of electricity consumption came from this source: 64,061.267 MWh from solar energy and 32,164.826 MWh from wind energy. Conversion kits have been installed in the forging and heat treatment furnace pipelines to replace furnace oil with the cleaner natural gas which emits ~50% to 60% less carbon dioxide when combusted in a new system.
The energy meters at plant are connected with Central Energy Monitoring System and triggers automatic notification on excess energy consumption. Further, we have taken other measures like use of induction heater instead of fuel fired furnaces for die-parts and installation of LED lights. We have undertaken a program to retrofit existing machinery and fuel systems with devices to monitor and reduce the usage of carbon-intensive fuels.
We have formulated a waste management system and are undertaking multiple efforts to effectively control the industrial wastewater generated by our activities. Our manufacturing facilities have Effluent Treatment Plant (ETP) and Sewage Treatment Plant (STP), and as a ZLD company, we ensure not discharging any waste or treated water from our factory premises. All treated water is recycled efficiently and used for our operations to reduce freshwater consumption. We have achieved a reduction of 10% in the absolute freshwater consumed in FY 2022 against the baseline values of FY 2020.
We use the principal of reduce, recycle and reuse in our waste management practices. Various efforts have been undertaken to reduce both hazardous and non-hazardous wastes. We practice mapping of waste generation and disposal methods, to better understand our waste profile and take necessary actions. In FY 2022, we initiated recycling of waste oil via a change in disposal pathway to reduce the quantity of hazardous waste and ETP sludge to reduce the disposal to landfills. Further, all hazardous wastes are handled as per MPCB regulations and they are sent to relevant authorized agencies for proper treatment. We recycle and re-use the entire metal scrap generated in our process. In FY 2022, we re-used 60,162.6 tons of metal waste which is around 99.4% of the total waste generated in the operations.
Note: Scope of natural capital parameters includes Mundhwa, Baramati, Chakan and Satara plants
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We have also established significant capabilities in Renewable Energy components. This has been further enhanced through JS Auto Cast acquisition whose portfolio majorly caters to the wind energy industry.
In Defence business, we have undertaken to follow Ethical Organizational with focus on Societal Sustainability (ETHOSS) Principle whereby we do not engage in manufacturing or distribution of banned controversial weapon systems restricted by various international conventions.
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