ideaForge Technology Limited
Climate Impact & Sustainability Data (2023-24)
Reporting Period: 2023-24
Environmental Metrics
Total Carbon Emissions:424.33 tCO2e/year (Scope 1 & 2); 5139.34 tCO2e/year (Scope 3)
Scope 1 Emissions:77.43 tCO2e/year
Scope 2 Emissions:346.9 tCO2e/year
Scope 3 Emissions:5139.34 tCO2e/year
Total Energy Consumption:13,467 GJ/year
Water Consumption:3,508 KL/year
Waste Generated:1.854 tons/year
ESG Focus Areas
- Product Safety & Quality
- Labor Practices & Supply Chain
- Environmental Impacts from Production
- Data Privacy and Security
- Customer Satisfaction and Retention
- Community Relations
Environmental Achievements
- Implemented energy efficiency initiatives (LED lighting, motion sensors), resulting in reduced electricity consumption.
- Started monitoring Scope 1, 2, and 3 emissions.
Social Achievements
- Implemented various measures for employee well-being (health insurance, accident insurance, maternity benefits, paternity benefits).
- 100% of employees covered by health insurance and accident insurance.
- CSR initiatives partnering with NGOs for quality education, health, and well-being.
Governance Achievements
- Implemented policies on anti-corruption, anti-bribery, and prevention of sexual harassment.
- All complaints were resolved before the end of the financial year.
Climate Goals & Targets
Environmental Challenges
- Product safety issues
- Labor standards and supply chain disruptions
- Environmental impacts from production
- Data privacy and security
- Customer satisfaction and retention
- Community relations
Mitigation Strategies
- Continuous research, development, and testing of products; multiple quality inspection stages.
- Detailed internal policies and processes for labor standards and sustainable supply chain.
- Sustainable sourcing, waste management, energy efficiency initiatives.
- Strong information security risk management, data protection, and privacy policies.
- Robust mechanisms to receive and respond to customer complaints.
- CSR initiatives and proactive community engagement.
Supply Chain Management
Supplier Audits: Annual internal audit of suppliers across ESG aspects.
Responsible Procurement
- Policy on Sustainable Supply Chain and Responsible Sourcing
Climate-Related Risks & Opportunities
Awards & Recognition
- Great Place to Work Certification