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Pune, 21st December 2022

Bharat Forge commences supply of forgings utilizing Green Steel, reinforcing company's commitment to reduce carbon footprint

Bharat Forge Limited has commenced supply of forgings utilizing Green Steel, manufactured and supplied by Saarloha Advanced Materials Private Limited (Saarloha), Part of the Kalyani Group.

The Green steel under the brand "KALYANI FeRRESTA & KALYANI FeRRESTA PLUS" are manufactured in an Electric Arc Furnace using electricity from 100% of renewable energy sources and more than 70% recycled scrap material with zero GHG footprint. Customers purchasing KALYANI FeRRESTA & KALYANI FeRRESTA PLUS steel products will get Green Steel certificates jointly issued by DNV Business Assurance India Private Limited & Saarloha which they can use to claim their Scope 3 emissions reduction.

Shri. Amit Kalyani, Deputy Managing Director, Bharat Forge said, "We are stepping into the era of sustainable development. At Bharat Forge, we are committed to reducing our carbon footprints and KALYANI FeRRESTA is a significant step towards realizing the larger vision of achieving carbon neutrality. This brings Bharat Forge one step closer to the goal of shaping a responsible and sustainable steel supply chain for Forged components.

About Bharat Forge:

Bharat Forge Limited (BFL), the Pune based Indian multinational, is a technology driven global leader in providing high performance, innovative safety critical components and solutions for several sectors including automotive, power, oil and gas, construction & mining, rail, marine, defense and aerospace. Having transcontinental presence across 5 countries, BFL, with the largest repository of metallurgical knowledge offers full-service supply capability to its geographically dispersed marquee customers from concept to product design, engineering, manufacturing, testing and validation.