Jindal Stainless Ltd

Common Name
Jindal Stainless
Country
India
Sector
Basic Materials
Industry
Steel
Employees
5,728
Ticker
JSL
Exchange
NATIONAL STOCK EXCHANGE OF INDIA
Description
Jindal Stainless Ltd. is a prominent Indian company engaged in the manufacturing and marketing of stainless steel products. As one of the largest producers in India, the company plays a crucial role i...

Jindal Stainless's Climate Target Data Preview

As of 2024, Jindal Stainless has disclosed 1 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 intensity-based target, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Jindal Stainless ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Intensity-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Metric Tonne (mt) of Steel Produced/Manufactured
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a
2035
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Verified Sources Behind Jindal Stainless’s Climate Targets Data

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a. Jindal Stainless's CDP Climate sourced from company’s website 2024
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Insights into Jindal Stainless's Greenhouse Gas Emissions Pathways

As of 2024, Jindal Stainless has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions. a

Does Jindal Stainless have a target to reduce the emissions from its operations?

As of 2024, Jindal Stainless has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a

Jindal Stainless's most ambitious operational target is to reduce these emissions by 50% by 2035, compared to a baseline of 1.97 Metric Tonnes of CO2 equivalent (mtCO2e) per Metric Tonne (mt) of Steel Produced/Manufactured in 2022. a

Instead of reducing operational emissions, Jindal Stainless has increased them, with 2024 levels exceeding those of the 2022 baseline, placing the company well behind its reduction target. a

Jindal Stainless's Operational (Scope 1+2) Emissions Pathway

20222024203500.551.11.652.2Current (+9%)Target 2035 (-50%)
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