Public Profile

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.

37

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.

2

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.

97%

Jindal Stainless's reported carbon emissions

In 2023, Jindal Stainless reported total carbon emissions of approximately 8,200,000,000 kg CO2e, comprising 2,548,227,000 kg CO2e from Scope 1, 735,755,000 kg CO2e from Scope 2, and 5,624,377,000 kg CO2e from Scope 3 emissions. This represents a slight decrease in Scope 1 emissions compared to 2022, where they were about 2,816,978,000 kg CO2e. The total emissions for Scope 1 and 2 combined were approximately 3,285,079,000 kg CO2e in 2023. Jindal Stainless has committed to achieving net-zero emissions by 2050, aligning with the Science Based Targets initiative (SBTi). This long-term target encompasses all scopes of emissions, reflecting the company's dedication to addressing its carbon footprint comprehensively. The company is actively working towards these goals, with a near-term target status classified as "Committed." The GHG emission intensity for Scope 1 and 2 in 2023 was reported at approximately 2,440 kg CO2e per tonne, indicating ongoing efforts to improve efficiency and reduce emissions in its operations.

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202220232024
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

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Jindal Stainless's primary industry is Basic iron and steel and of ferro-alloys and first products thereof, which is medium in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Jindal Stainless is headquartered in IN, which has a rank of very high, indicating very high grid carbon 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 committed to some reduction initiatives 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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