India’s JSL to cut carbon emission by 50 percent before target date of 2035

Monday, 11 December 2023 10:25:20 (GMT+3)   |   Kolkata

India’s Jindal Stainless Limited (JSL) will reduce carbon emissions from its mills by 50 percent well ahead of its target of 2035, as various sustainable projects will be completed earlier, a company statement said on Monday, December 11.

The company is investing an estimated $84 million in sustainability projects that will reduce carbon emissions by 1.5 million mt per year, the statement said.

“We are helping in building a modern, sustainable world with the best-in-class technology, innovation, and investment in R&D to meet the evolving customer requirements to offer high-class stainless steel solutions,” JSL managing director Abhyuday Jindal stated. He said set a mid-term target that by 2035 the company would achieve 50 percent reduction of emissions from the baseline year 2021-2022 but the target would be achieved much earlier.

AjoyDas
Ajoy Das
Editor

I graduated from the University of Kolkata with a degree in economics and have three decades of experience in reporting for leading print media publications, covering key manufacturing industries like iron and steel, energy (fossil and renewable), chemicals and petrochemicals and mining sectors (coal, bauxite, iron ore and copper). I work as a correspondent for SteelOrbis reporting on the Indian steel industry covering pricing and trade trends across the value chain, capacity creations and utilizations, corporate developments, government policy frameworks and industry related news.

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