Shyam Metalics and Energy
Shyam Metalics and Energy Limited, a prominent player in the Indian metal and energy sector, is headquartered in Kolkata, West Bengal. Established in 2002, the company has rapidly evolved, focusing on the production of iron and steel products, along with energy generation. With a strong operational presence across various regions in India, Shyam Metalics is renowned for its high-quality steel products, including long steel products and ferro alloys, which are integral to construction and infrastructure development. The company has achieved significant milestones, including a successful public listing in 2021, which has bolstered its market position. Shyam Metalics prides itself on its commitment to sustainability and innovation, utilising advanced technologies in its manufacturing processes. This dedication not only enhances product quality but also positions the company as a leader in the competitive landscape of the Indian steel industry.
DitchCarbon Score
How does Shyam Metalics and Energy'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 Salt and Mineral Mining 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
Shyam Metalics and Energy's score of 22 is higher than 82% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Shyam Metalics and Energy's reported carbon emissions
In 2024, Shyam Metalics and Energy reported total carbon emissions of approximately 4,218,655,578.5 kg CO2e, comprising about 3,729,472,080 kg CO2e from Scope 1 and about 448,708,498.5 kg CO2e from Scope 2 emissions. This marks a significant reduction from 2023, where emissions were approximately 4,641,628,330 kg CO2e, indicating a proactive approach to lowering their carbon footprint. The company has demonstrated a commitment to sustainability through its emissions reduction efforts, achieving a Scope 1 and 2 emission intensity of about 476.0 kg CO2e per tonne of physical output in 2024, down from 3,180.0 kg CO2e in 2023. This reflects a substantial improvement in operational efficiency and a focus on reducing greenhouse gas emissions. Despite the absence of specific reduction targets or climate pledges, Shyam Metalics and Energy's ongoing efforts to decrease emissions highlight its dedication to addressing climate change and enhancing environmental performance within the metal and energy sector.
Unlock detailed emissions data
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| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 5,215,254,940 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 386,819,380 | 000,000,000 | 000,000,000.0 |
| 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.
Shyam Metalics and Energy 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.
