MSP Steel & Power Limited, headquartered in India, is a prominent player in the steel and power industry, renowned for its comprehensive range of products and services. Established in 1968, the company has made significant strides in the manufacturing of steel products, including TMT bars, wire rods, and structural steel, catering to diverse sectors such as construction and infrastructure. With major operational regions across India, MSP Steel has positioned itself as a leader in the market, recognised for its commitment to quality and innovation. The company’s unique approach combines advanced technology with sustainable practices, ensuring that its offerings meet the highest industry standards. Over the years, MSP Steel has achieved notable milestones, solidifying its reputation as a trusted name in the steel and power sectors.
How does MSP Steel & Power 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.
MSP Steel & Power Limited's score of 1 is lower than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.
MSP Steel & Power Limited, headquartered in India, currently does not have publicly available carbon emissions data for the most recent year. As such, there are no specific figures regarding their carbon footprint, including Scope 1, 2, or 3 emissions. Additionally, the company has not outlined any formal reduction targets or commitments through initiatives such as the Science Based Targets initiative (SBTi) or other climate pledges. This absence of data suggests that MSP Steel & Power Limited may still be in the early stages of developing a comprehensive climate strategy. In the context of the steel and power industry, companies are increasingly recognising the importance of addressing carbon emissions and setting reduction targets to align with global climate goals. However, without specific commitments or data, it is unclear how MSP Steel & Power Limited plans to engage with these industry standards.
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
MSP Steel & Power Limited has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
