Jindal Stainless
Jindal Stainless Limited, a prominent player in the stainless steel industry, is headquartered in India and operates extensively across various regions, including Europe and the Middle East. Founded in 1970, the company has established itself as a leader in the production of stainless steel products, catering to diverse sectors such as automotive, construction, and consumer goods. With a commitment to innovation, Jindal Stainless offers a wide range of core products, including stainless steel sheets, plates, and coils, distinguished by their superior quality and durability. The company has achieved significant milestones, including being one of the largest stainless steel manufacturers in India, and is recognised for its sustainable practices and cutting-edge technology. Jindal Stainless continues to strengthen its market position through strategic expansions and a focus on customer-centric solutions.
DitchCarbon Score
How does Jindal Stainless's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Iron and Steel Production industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Jindal Stainless's score of 37 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Jindal Stainless's reported carbon emissions
In 2024, Jindal Stainless reported significant carbon emissions, totalling approximately 6,000,000,000 kg CO2e. This includes 2,791,558,000 kg CO2e from Scope 1 emissions, 787,140,000 kg CO2e from Scope 2, and 3,345,443,000 kg CO2e from Scope 3 emissions, which encompasses purchased goods and services. The combined Scope 1 and 2 emissions reached about 3,578,698,000 kg CO2e. For the previous year, 2023, the company’s total emissions were about 5,052,300,000 kg CO2e, with Scope 1 emissions at 2,548,227,000 kg CO2e, Scope 2 at 735,755,000 kg CO2e, and Scope 3 at 5,624,377,000 kg CO2e. Jindal Stainless has set ambitious targets to reduce its carbon footprint. The company aims for a 50% reduction in emission intensity for both Scope 1 and Scope 2 by FY35, using FY22 as the baseline. This commitment reflects their broader strategy to achieve net-zero emissions across all scopes by 2050, as confirmed by their Science Based Targets initiative (SBTi) commitments. Overall, Jindal Stainless is actively working towards significant emissions reductions while maintaining transparency in their climate commitments and progress.
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| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 2,816,978,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 684,948,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 2,592,333,000 | 0,000,000,000 | 0,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Jindal Stainless is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
