Medium Risk

HINDALCO INDUSTRIES LIMITED

Our Indian aluminium operations are integrated and consist of bauxite mining, alumina refining, smelting and converting

CIN: L27020MH1958PLC011238 FY: - Revenue: ₹93,291.1 Cr
6.3
ESG Risk
Score /10
Waste IntensityCompliance RiskGhg Intensity

Risk Breakdown

GHG Intensity
5.0
Water Intensity
5.0
Waste Intensity
10.0
EPR Exposure
5.0
Compliance Risk
10.0
HR Risk
3.0
Governance Risk
3.0

Financial Exposure

Est. Compliance Cost₹149–560 crore
EPR ApplicableUnknown
Scope 1 Emissions— tCO2e
Scope 2 Emissions— tCO2e
Water Withdrawal— m³
Waste Generated9,529,354.7 T

Governance

Anti-Corruption PolicyYes
Conflict of Interest PolicyYes
BRSR AssurancePartial
Assurance ProviderBureau Veritas (India) Pvt. Ltd.

Double Materiality

Financial Materiality6.3
Impact Materiality6.2
QuadrantDual Materiality

Supply Chain

MSME Sourcing0.1%
Lifecycle AssessmentYes
Product ReclaimYes

Material Risks

e-waste

ESG Targets & Commitments

TopicTarget / MetricStatus
Life Cycle Assessment LCA conducted for products Achieved
Human Rights in Supply Chain HR clauses in all contracts Commitment

AI Risk Summary

**Hindalco Industries Limited – Financial Risk Summary** Hindalco faces maximum estimated compliance costs of ₹560 crore under India's evolving carbon and ESG regulations, with critical exposure to the India Carbon Credit Trading Scheme (CCTS) where missed emissions reduction targets trigger penalties of ₹1,200–1,800/tonne CO2e—double the market rate. EU export competitiveness poses a secondary but material threat: Indian aluminium exports face implicit carbon costs of €56–80/tonne under CBAM, requiring 15–22% price reductions to remain competitive in a market already showing 24.4% YoY export decline. The company's maximal compliance risk score (10.0/10) combined with unspecified Scope 1 and 2 emissions data and unknown EPR applicability signals inadequate climate disclosure, creating dual risk of SEBI enforcement action (including potential delisting for top-tier classification) and inability to price carbon exposure accurately in export contracts. Immediate prioritization of emissions quantification, CCTS target alignment, and BRSR Core Expansion compliance is essential to miti

Source: HINDALCO INDUSTRIES LIMITED BRSR Filing, FY -. Derived from the company's own public disclosures. Not investment advice or a regulatory determination.

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