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 34 is higher than 96% 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 2023, Jindal Stainless reported total carbon emissions of approximately 50,523,000 kg CO2e. This figure includes Scope 1 emissions of about 2,548,227,000 kg CO2e, Scope 2 emissions of around 735,755,000 kg CO2e, and significant Scope 3 emissions totalling approximately 5,624,377,000 kg CO2e, with purchased goods and services contributing about 1,200,000,000 kg CO2e. The company has committed to achieving net-zero emissions by 2050, encompassing all scopes of emissions. This long-term target reflects Jindal Stainless's dedication to sustainability and aligns with industry standards for climate action. The company is actively working towards these goals, having established a framework for reducing its carbon footprint across its operations. In 2024, emissions data indicated a slight increase in Scope 1 emissions to approximately 2,791,558,000 kg CO2e and Scope 2 emissions rising to about 787,140,000 kg CO2e, while Scope 3 emissions decreased to around 3,345,443,000 kg CO2e. This data highlights the ongoing challenges and efforts in managing emissions effectively. Jindal Stainless's commitment to sustainability is further demonstrated through its participation in the Science Based Targets initiative (SBTi), reinforcing its strategic approach to climate commitments and emissions reduction.
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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.
