Shyam Steel Industries Limited
Shyam Steel Industries Limited, a prominent player in the steel manufacturing sector, is headquartered in India and operates extensively across various regions. Established in 1953, the company has built a strong reputation for producing high-quality steel products, including TMT bars, structural steel, and wire rods, which are essential for construction and infrastructure projects. With a commitment to innovation and sustainability, Shyam Steel has achieved significant milestones, including the implementation of advanced manufacturing technologies. The company is recognised for its unique production processes that ensure superior strength and durability in its offerings. As a leader in the Indian steel industry, Shyam Steel Industries Limited continues to set benchmarks in quality and customer satisfaction, solidifying its market position through consistent growth and excellence.
DitchCarbon Score
How does Shyam Steel Industries 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
Shyam Steel Industries Limited's score of 9 is lower than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Shyam Steel Industries Limited's reported carbon emissions
In 2024, Shyam Steel Industries Limited reported total carbon emissions of approximately 3,729,472,080 kg CO2e for Scope 1 and about 448,708,498.5 kg CO2e for Scope 2. This marks a reduction from 2023, where emissions were approximately 4,671,629,940 kg CO2e for Scope 1 and about 474,325,390 kg CO2e for Scope 2. The company has disclosed emissions data for both Scope 1 and Scope 2 but has not reported any Scope 3 emissions. Shyam Steel's emissions intensity per rupee of turnover adjusted for Purchasing Power Parity (PPP) was 7.2 for 2024, down from 9.3 in 2023. In terms of physical output, the emissions intensity was 476.0 kg CO2e per tonne in 2024, a significant decrease from 3,180.0 kg CO2e per tonne in 2023. Currently, Shyam Steel Industries Limited has not set any specific reduction targets or climate pledges, nor do they inherit emissions data from a parent company. The company is actively working towards improving its sustainability practices, although specific initiatives or commitments have not been detailed.
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| 2023 | 2024 | |
|---|---|---|
| Scope 1 | 4,671,629,940 | 0,000,000,000 |
| Scope 2 | 474,325,390 | 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 Steel Industries 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.
