JSW Steel Limited, a prominent player in the Indian steel industry, is headquartered in Mumbai, India. Founded in 1994, the company has rapidly evolved into one of the largest steel manufacturers in the country, with significant operations across various regions, including Karnataka, Maharashtra, and Tamil Nadu.
Specialising in the production of flat and long steel products, JSW Steel is renowned for its innovative approach and commitment to sustainability. The company offers a diverse range of products, including hot-rolled, cold-rolled, and coated steel, which are distinguished by their superior quality and performance.
With a strong market position, JSW Steel has achieved numerous accolades, including recognition for its environmentally friendly practices and technological advancements. As a leader in the steel sector, JSW Steel continues to drive growth and innovation, contributing significantly to India's industrial landscape.
0 vs industry average
JSW Steel Limited’s score of 16 is higher than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Iron and Steel Production is among the most carbon-intensive industries
Industry performance
The Iron and Steel Production industry has reduced its overall emissions by 27% since 2019
Emissions trajectory 2020 – 2026
Reported emissions
Scope 3 accounts for ••• of total emissions.
JSW Steel Limited's reported carbon emissions
In 2023, JSW Steel Limited reported total emissions of approximately 49.4 billion kg CO2e, comprising 49.4 billion kg CO2e from Scope 1 emissions and about 1.3 billion kg CO2e from Scope 3 emissions. Notably, there were no reported Scope 2 emissions. The company has set ambitious climate commitments, aiming to reduce specific greenhouse gas emissions from its integrated steel plants to less than 2.0 tCO2 per tonne of crude steel by 2030. Additionally, JSW Steel targets a 42% reduction in CO₂ emission intensity by 2030 from a 2005 baseline, aligning with India's Nationally Determined Contributions (NDC). This reduction will be achieved through a transition to renewable energy, energy efficiency improvements, and enhanced resource management practices. JSW Steel's climate initiatives reflect a commitment to sustainability and carbon neutrality, particularly for its coated products by 2030.
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JSW Steel Limited’s Climate Goals (2030 & 2050)
2 goals2030
2% reduction in all scopes
JSW Steel is committed to reducing specific GHG emissions from its three ISPs to less than 2.0 tCO2/tcs by 2030 and achieve carbon neutralit…
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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Scope 3 top emissions categories
6 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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JSW Steel Limited
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