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 4 is lower than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Modern Steels Limited's reported carbon emissions
In 2023, Modern Steels Limited reported significant carbon emissions, with Scope 1 emissions totalling approximately 451,718,300 kg CO2e and Scope 2 emissions at about 106,242,360 kg CO2e. This data highlights the company's substantial carbon footprint, primarily from direct operations and energy consumption. For 2024, emissions increased, with Scope 1 reaching around 858,264,500 kg CO2e and Scope 2 emissions rising to approximately 201,860,480 kg CO2e. This upward trend in emissions indicates a growing environmental impact, necessitating urgent climate action. Currently, Modern Steels Limited has not disclosed any specific reduction targets or initiatives aimed at mitigating their carbon emissions. The absence of defined climate commitments or pledges suggests a need for the company to enhance its sustainability strategies in line with industry standards. As the steel industry faces increasing scrutiny regarding its environmental impact, it is crucial for Modern Steels Limited to establish clear goals for reducing emissions and improving overall sustainability.
Unlock detailed emissions data
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 | - | - |
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 committed to any 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.
