Modern Steels Limited
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.
DitchCarbon Score
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.
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
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.
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Modern Steels Limited's reported carbon emissions
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 an 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. The company has not disclosed any Scope 3 emissions data. Despite the substantial emissions figures, Modern Steels Limited has not set specific reduction targets or climate pledges, indicating a potential area for improvement in their climate commitments. The absence of initiatives such as Science-Based Targets (SBTi) or other reduction strategies suggests that the company may need to enhance its focus on sustainability and emissions reduction in the future. Overall, while Modern Steels Limited has made strides in reporting its emissions, the lack of defined reduction goals highlights an opportunity for the company to align more closely with industry standards for climate action.
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| 2023 | 2024 | |
|---|---|---|
| Scope 1 | 451,718,300 | 000,000,000 |
| Scope 2 | 106,242,360 | 000,000,000 |
| Scope 3 | - | - |
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.
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.
