Modern Steels Limited, a prominent player in the steel manufacturing industry, is headquartered in India and operates extensively across various regions. Established in 1986, the company has consistently evolved, achieving significant milestones in production capacity and technological advancements. Specialising in high-quality steel products, Modern Steels offers a diverse range of items, including TMT bars, structural steel, and wire rods, known for their durability and strength. The company’s commitment to innovation and quality has positioned it as a trusted supplier in the construction and infrastructure sectors. With a robust market presence, Modern Steels Limited has garnered recognition for its sustainable practices and customer-centric approach, making it a leader in the Indian steel industry.
How does Modern Steels Limited'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.
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.
Modern Steels Limited's score of 0 is lower than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Modern Steels Limited reported significant carbon emissions, with Scope 1 emissions totalling approximately 858,264,500 kg CO2e and Scope 2 emissions at about 201,860,480 kg CO2e. This reflects a notable increase from 2023, where Scope 1 emissions were around 451,718,300 kg CO2e and Scope 2 emissions were approximately 106,242,360 kg CO2e. Despite these figures, Modern Steels Limited has not set specific reduction targets or climate pledges, nor do they have emissions data for Scope 3. The absence of reduction initiatives or commitments indicates a potential area for improvement in their climate strategy. As of now, there are no emissions data cascaded from a parent or related organization, and all reported figures are directly from Modern Steels Limited. The company operates within the steel industry, which is under increasing pressure to enhance sustainability practices and reduce carbon footprints.
Access structured emissions data, company-specific emission factors, and source documents
2023 | 2024 | |
---|---|---|
Scope 1 | 451,718,300 | 000,000,000 |
Scope 2 | 106,242,360 | 000,000,000 |
Scope 3 | - | - |
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.
Modern Steels Limited is not participating in any 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.