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 marks 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. Despite the substantial emissions figures, Modern Steels Limited has not disclosed any specific reduction targets or initiatives as part of their climate commitments. There are no emissions data reported for Scope 3, indicating a potential area for future focus. The company does not appear to inherit emissions data from any parent organisation, and there are no climate pledges or initiatives such as SBTi targets currently in place. As the steel industry faces increasing scrutiny regarding carbon footprints, Modern Steels Limited's future strategies will be crucial in addressing climate change and improving sustainability practices.
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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.
