Jindal Stainless Ltd

Common Name
Jindal Stainless
Country
India
Sector
Basic Materials
Industry
Steel
Employees
5,252
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 GHG Emissions Data Preview

In 2024, Jindal Stainless completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy), and Scope 3 (indirect emissions across the value chain).

Jindal Stainless has also provided a category-level breakdown for 10 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Unspecified Calculation Method
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Jindal Stainless's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Jindal Stainless amounted to 3,779,475 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Jindal Stainless increased by 15.09%, suggesting that the company faced challenges in reducing its emissions from its core operations.

Jindal Stainless's Scope 1 Emissions Over Time

2022202320240750 k1.5 M2.25 M3 MtCO2e-10%+17%
  • Total Scope 1
  • Year-over-Year Change

What are Jindal Stainless's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Jindal Stainless were 2,992,334 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Jindal Stainless reduced its Scope 1 emissions over time?

Since 2022, Jindal Stainless's Scope 1 emissions have increased by 6.22%, reflecting a rising long-term trend in Scope 1 emissions over time.

Compared to the previous year (2023), Jindal Stainless's Scope 1 emissions increased by 17.43%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.

What are Jindal Stainless's Scope 2 emissions?

In 2024, Jindal Stainless reported Scope 2 greenhouse gas (GHG) emissions of 787,141 tCOâ‚‚e without specifying the calculation method.

Has Jindal Stainless reduced its Scope 2 emissions over time?

Since 2022, Jindal Stainless's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have increased by 14.92%, reflecting a rising long-term trend in Scope 2 emissions over time.

Compared to the previous year (2023), Jindal Stainless's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Jindal Stainless 's emissions have plateaued with no significant change in its energy consumption footprint.

What methodology does Jindal Stainless use for Scope 2 reporting?

In 2024, Jindal Stainless reported its Scope 2 emissions using an unspecified methodology.

Jindal Stainless's Scope 2 Emissions Over Time

2022202320240200 k400 k600 k800 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Jindal Stainless's Value Chain Emissions

In 2024, Jindal Stainless reported 3,345,443 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2024 disclosure of Jindal Stainless includes a breakdown across 10 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chain

Jindal Stainless's Scope 3 Emissions Over Time

20240850 k1.7 M2.55 M3.4 MtCO2e
  • Total Scope 3
  • Year-over-Year Change

What are Jindal Stainless's Scope 3 emissions?

In 2024, Jindal Stainless reported total Scope 3 emissions of 3,345,443 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 77.52% of these emissions originated from upstream activities such as purchased goods and capital goods, while 22.48% came from downstream activities like product use, distribution, and end-of-life treatment.

What categories of Scope 3 emissions does Jindal Stainless disclose?

In 2024, Jindal Stainless reported emissions for 10 out of the 15 Scope 3 categories defined by the GHG Protocol.

This reflects a high level of granularity and transparency in the company's emissions reporting.

What are the main sources of Jindal Stainless's Scope 3 emissions?

In 2024, the largest contributors to Jindal Stainless's Scope 3 emissions were:

  • Purchased Goods and Services (Cat. 1): 1,320,286 tCOâ‚‚e (39.47%)
  • Fuel- and Energy-Related Services (Cat. 3): 934,410 tCOâ‚‚e (27.93%)
  • Processing of Sold Products (Cat. 10): 740,655 tCOâ‚‚e (22.14%)

Jindal Stainless's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(39.5%)Processing of SoldProducts (Cat. 10)(22.1%)Fuel- andEnergy-RelatedServices (Cat. 3)(27.9%)

Insights into Jindal Stainless's Total Carbon Footprint

In 2024, Jindal Stainless reported a total carbon footprint of 7,124,918 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 116.96% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Jindal Stainless's total carbon footprint was Scope 3 emissions, accounting for 46.95% of the company's total carbon footprint, followed by Scope 1 emissions at 42%.