Jindal Steel and Power's Coal Gasification Plant-Direct Reduced Iron operation (CGP-DRI) in Angul stands as the world's largest. This environmentally friendly process, CGP-DRI, utilises coal gasification to produce synthesis gas, effectively minimising CO2 emissions through carbon capture.
By 2030, JSP aims to reduce its carbon emissions by 35% via long-term renewable power contracts. By 2047, JSP is committed to becoming a net-zero carbon emitter.
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JSP is committed to improving the lives of millions of underprivileged and socially vulnerable sections of society, especially in the areas of its operations. Currently, JSP’s CSR programs are impacting 10 million lives across the nation.
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At JSP, corporate governance is deeply ingrained into its overall business strategy, emphasising the establishment of an organisation that prioritises maximising shareholder value and fostering enduring relationships with all stakeholders.
Read moreThis report signifies Jindal Steel and Power's unwavering commitment as a leading player in sustainable steel structures in India to create value for all stakeholders, including employees, customers, partners, vendors, government and regulatory bodies, and the community. Through ongoing engagement with stakeholders, valuable insights into their perspectives and needs have shaped the company's collective business strategy.
The BRSR reflects the company’s commitment to address key economic, environmental, and social trends, ensuring that sustainability is at the core of its operations. Stakeholder engagement has been instrumental in identifying and prioritising material issues and assessing relevant risks.
This exercise has enabled the company to develop robust risk mitigation strategies, ensuring that JSP is well-prepared to navigate challenges and seize opportunities as the world transitions to a more inclusive place to live with lower emission norms. Material issues spanning environmental, social, and governance aspects have been in accordance with the indicators of GRI Standards, the Sustainability Accounting Standards Board (SASB), the World Steel Association, and other peer organisations.
Jindal Steel and Power is resolute in its determination to address these material issues responsibly and effectively, furthering its sustainable steel growth model.