Medium Risk

ISGEC Heavy Engineering Limited

ISGEC undertakes projects for supply of Boilers, Sugar plants, Power plants, Air Pollution Control Equipment, Material h

CIN: L23423HR1933PLC000097 FY: - Revenue: ₹5,018.3 Cr
5.3
ESG Risk
Score /10
Compliance RiskEpr ExposureGhg Intensity

Risk Breakdown

GHG Intensity
5.0
Water Intensity
5.0
Waste Intensity
1.2
EPR Exposure
6.5
Compliance Risk
10.0
HR Risk
3.0
Governance Risk
3.0

Financial Exposure

Est. Compliance Cost₹8–30 crore
EPR ApplicableUnknown
Scope 1 Emissions— tCO2e
Scope 2 Emissions— tCO2e
Water Withdrawal— m³
Waste Generated10,077.2 T

Governance

Anti-Corruption PolicyYes
Conflict of Interest PolicyYes
BRSR AssuranceNone
Assurance Provider

Double Materiality

Financial Materiality5.3
Impact Materiality4.6
QuadrantFinancially Material

Supply Chain

MSME Sourcing0.2%
Lifecycle AssessmentNo
Product ReclaimYes

Material Risks

e-waste

ESG Targets & Commitments

TopicTarget / MetricStatus
Human Rights in Supply Chain HR clauses in all contracts Commitment

AI Risk Summary

**ISGEC Heavy Engineering Limited – Financial Risk Summary** ISGEC faces critical compliance exposure with a perfect 10.0/10 compliance risk score, creating immediate enforcement vulnerability under SEBI BRSR Core Expansion mandates; non-disclosure or misreporting could trigger regulatory action and delisting risk for this ₹5,018 crore revenue company. Extended Producer Responsibility (EPR) represents the largest unquantified financial exposure (6.5/10 risk) given the company's manufacturing footprint in boilers and pollution control equipment, with estimated compliance costs ranging ₹8–30 crore annually once obligations crystallize. The company's failure to report Scope 1 and 2 emissions despite material manufacturing operations and absence of EPR applicability clarity suggest incomplete environmental accounting, creating dual risk: hidden GHG liabilities (potentially ₹600–900/tonne under India's carbon pricing framework) and regulatory penalties for inadequate BRSR P6 disclosures. Immediate priorities: formalize EPR liability assessment, establish baseline emissions reporting, and document compliance protocols to mitigate delisting and enforcement action risks

Source: ISGEC Heavy Engineering Limited BRSR Filing, FY -. Derived from the company's own public disclosures. Not investment advice or a regulatory determination.

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