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.
Jindal Stainless's reported carbon emissions
In 2023, Jindal Stainless reported total carbon emissions of approximately 5,624,377,000 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. The company's Scope 1 and 2 emissions combined totalled about 3,285,079,000 kg CO2e. In 2022, the emissions were slightly lower, with total emissions of approximately 5,596,000,000 kg CO2e, including 2,816,978,000 kg CO2e from Scope 1 and 684,948,000 kg CO2e from Scope 2. Jindal Stainless has committed to achieving net-zero emissions by 2050, aligning with the Science Based Targets initiative (SBTi). This long-term commitment encompasses all scopes of emissions, reflecting the company's dedication to sustainable practices in the mining and metals sector. The company continues to focus on reducing its greenhouse gas emissions intensity, with reported values of 2,440 kg CO2e per tonne for Scope 1 and 2 emissions in 2023, and 2,470 kg CO2e per tonne in 2022. These efforts demonstrate Jindal Stainless's proactive approach to addressing climate change and enhancing its environmental performance.
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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 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.
