Climate Change Data

Ganga Forging Limited

Climate Impact & Sustainability Data (2019-03 to 2020-03, 2020-21, 2022-04 to 2023-03)

Reporting Period: 2019-03 to 2020-03

Environmental Metrics

Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Not disclosed

Environmental Achievements

  • Not disclosed

Social Achievements

  • Not disclosed

Governance Achievements

  • Not disclosed

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Decrease in revenue from operation and increase in Employee benefit expenses resulting in a net loss compared to the previous financial year.
  • COVID-19 pandemic hugely impacted the performance of the Company, causing financial crunch and delays in paying statutory dues.
Mitigation Strategies
  • Management assures to maintain stability in business operations and make expansions by enlarging business activities in the forthcoming years.
  • Management ensures that in the years to come, the Company will not make any delay in the deposit of undisputed statutory dues within time.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Not disclosed

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: ISO 9001:2015

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Not disclosed

Reporting Period: 2020-21

Environmental Metrics

Climate Goals & Targets

Environmental Challenges

  • Overall impact of pandemic situation of COVID-19, performance of the Company was interrupted and consequent to that cash flow of the company was also interrupted. Therefore, due to financial crunches company fails to make the payment of dues within the prescribed time.
Mitigation Strategies
  • The management ensures that in the years to come, the Company will not make any delay in deposit of undisputed statutory dues within time.

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Period: 2022-04 to 2023-03

Environmental Metrics

ESG Focus Areas

  • Environmental
  • Social
  • Governance

Climate Goals & Targets

Environmental Challenges

  • Delay in payment of undisputed statutory dues in few cases.
  • Delay in filing of Form CHG-1 for Modification of equitable mortgage and for hypothecation
Mitigation Strategies
  • The management ensures for timely deposit of undisputed statutory dues from FY 2023-24 onwards.
  • The Board shall ensure for timely compliance of all the applicable provisions to the company.

Supply Chain Management

Climate-Related Risks & Opportunities