Steel Authority of India Ltd

Common Name
Steel Authority of India
Country
India
Sector
Basic Materials
Industry
Steel
Employees
55,989
Ticker
SAIL
Exchange
NATIONAL STOCK EXCHANGE OF INDIA
Description
Steel Authority of India Limited is a central public-sector enterprise that plays a crucial role in India's steel industry. As one of the largest steel-making companies in the country, it is engaged i...

Steel Authority of India's Climate Target Data Preview

As of 2024, Steel Authority of India 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 Steel Authority of India ’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 from Unspecified Activities
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a
2030
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Verified Sources Behind Steel Authority of India’s Climate Targets Data

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a. Steel Authority of India's Sustainability Report 2024
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Insights into Steel Authority of India's Greenhouse Gas Emissions Pathways

As of 2024, Steel Authority of India 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 Steel Authority of India have a target to reduce the emissions from its operations?

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

Steel Authority of India's most ambitious operational target is to reduce these emissions by 12% by 2030, compared to a baseline of 2.49 Metric Tonnes of CO2 equivalent (mtCO2e) per Metric Tonne (mt) of Steel from Unspecified Activities in 2023. a

Instead of reducing operational emissions, Steel Authority of India has increased them, with 2024 levels exceeding those of the 2023 baseline, placing the company well behind its reduction target. a

Steel Authority of India's Operational (Scope 1+2) Emissions Pathway

20232024203000.71.42.12.8Current (+5%)Target 2030 (-12%)
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