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Tata Steel Limited, a prominent player in the basic iron and steel industry, is headquartered in India and operates extensively across various regions, including Europe and Asia. Founded in 1907, Tata Steel has established itself as a leader in the production of high-quality steel and ferro-alloys, with a commitment to innovation and sustainability.
The company’s core offerings include a diverse range of steel products, such as flat and long products, which are integral to sectors like construction, automotive, and engineering. Tata Steel is renowned for its advanced manufacturing processes and dedication to environmental stewardship, setting it apart in a competitive market.
With a strong market position, Tata Steel has achieved numerous accolades, including recognition for its sustainable practices and contributions to the global steel industry. Its legacy of excellence continues to drive growth and innovation in the steel sector.
+54 vs industry average
Tata Steel Limited’s score of 72 is higher than 85% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Iron and Steel Production is among the most carbon-intensive industries
The Iron and Steel Production industry has reduced its overall emissions by 27% since 2018
Scope 3 accounts for ••• of total emissions.
Tata Steel Limited, an Indian-headquartered company in the basic iron and steel industry, reported total emissions of about 92.4 billion kg CO2e in 2025. This includes approximately 61 billion kg CO2e from Scope 1 emissions, 4.3 billion kg CO2e from Scope 2 (market-based) emissions, and 27 billion kg CO2e from Scope 3 emissions.
For 2024, the company's total emissions were approximately 111 billion kg CO2e, comprising about 77 billion kg CO2e in Scope 1, 5 billion kg CO2e in Scope 2 (location-based), and 29 billion kg CO2e in Scope 3. In 2023, Tata Steel Limited's Scope 1 emissions were approximately 76 billion kg CO2e, Scope 2 emissions were about 6 billion kg CO2e, and Scope 3 emissions were around 16 billion kg CO2e. The company reported total emissions of approximately 94.2 billion kg CO2e in 2022 and about 83.4 billion kg CO2e in 2021.
Tata Steel Limited has set several climate commitments. The company aims to achieve net-zero emissions by 2045 across all scopes. Specifically, it targets to make its processes more sustainable and produce CO2 neutral steel by 2050, as well as achieve carbon neutrality at its UK and Netherlands operations by 2050. The company also has near-term absolute targets to reduce Scope 1 emissions by 30% from 2021 levels by 2030 and Scope 2 emissions by 25% from 2021 levels by 2030. Furthermore, an earlier target aimed to reduce direct (Scope 1) GHG emissions by 20% from a 2014 baseline by 2025 and indirect (Scope 2) GHG emissions by 15% from a 2014 baseline by 2025.
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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