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JSW Steel Limited, headquartered in India, is a leading player in the basic iron and steel industry, specialising in the production of ferro-alloys and related steel products. Established in 1982, the company has grown to become one of the largest integrated steel manufacturers in the country, with major operations across India and a significant presence in international markets.
Focusing on high-quality steel solutions, JSW Steel is renowned for its innovative manufacturing processes and sustainable practices. Its core products include hot-rolled and cold-rolled steel, structural steel, and specialised steel grades, which serve diverse sectors such as construction, automotive, and infrastructure. Recognised for its market leadership and commitment to excellence, JSW Steel continues to set industry standards in India’s steel landscape.
-1 vs industry average
JSW Steel Limited’s score of 17 is lower than 41% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Iron and Steel Production is among the most carbon-intensive industries
The Iron and Steel Production industry has reduced its overall emissions by 27% since 2018
Scope 3 accounts for ••• of total emissions.
JSW Steel Limited, headquartered in India and operating in the basic iron and steel industry, has made significant commitments to reduce its carbon emissions.
In 2023, JSW Steel reported Scope 1 emissions of approximately 49.36 billion kg CO2e and Scope 3 emissions of about 1.28 billion kg CO2e. There were no Scope 2 emissions reported for this year. In 2022, the company's Scope 1 emissions were approximately 44.21 billion kg CO2e and Scope 3 emissions were about 716.49 million kg CO2e, with no reported Scope 2 emissions.
JSW Steel is committed to reducing specific GHG emissions from its three Integrated Steel Plants (ISPs) to less than 2.0 tonnes CO2 per tonne of crude steel by 2030, and aims to achieve carbon neutrality at JSW Steel Coated Products within the same timeframe. The company also targets a 42% reduction in CO2 emission intensity by 2030 from a 2005 baseline, aligning with India's Nationally Determined Contributions (NDC) commitment. This reduction will be achieved through energy transition towards renewable energy, efficiency improvements, process optimisation, increased use of scrap, and adoption of Best Available Technologies (BAT).
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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