- Steel manufacturing process is energy and carbon intensive due to dependency on fossil fuels leading to GHG emissions.
- Climate change related risks may pose physical and transition risks.
- Stringent regulatory criteria and emission norms may require huge expenditure and time to transform the business.
- Violation of human rights and labour laws may lead to stringent action by regulatory agencies.
- Non-compliance to labour laws may negatively affect employee morale.
Jayaswal Neco Industries Limited (JNIL)
Greenhouse gas emissions & sustainability report data
In its 2023-24 reporting, Jayaswal Neco Industries Limited (JNIL) disclosed greenhouse gas emissions of 2.7M tCO2e/year (Scope 1 & 2). By scope: Scope 1: 2.5M tCO2e/year; Scope 2: 197.0K tCO2e/year; Scope 3: Not monitored. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
2.7M tCO2e/year (Scope 1 & 2)
2023-24
Water Usage
5.3M KL/year
2023-24
Waste
519.7K MT/year
2023-24
Energy Use
24.7M GJ/year
2023-24
📊 Emissions by Scope (2023-24)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 2.5M tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 197.0K tCO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | Not monitored |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023-24 | 2.7M tCO2e/year (Scope 1 & 2) |
| 2022-23 | 1.9M + 167704 = 2077403 tonnes of CO2 (Scope 1 & 2) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced 19% energy consumption in FY 2023-24 compared to FY 2022-23
- Achieved and maintained Zero Liquid Discharge (ZLD) across all manufacturing facilities
🌱 ESG Focus Areas
GHG Emission & Climate ChangeWater and Wastewater ManagementEnergy ManagementWaste managementSustainable SourcingBiodiversityHuman Rights PracticesEmployee DiversityEmployee Practices and BenefitsEmployee development and EngagementEmployee volunteering/CSROccupational Health & SafetySupply Chain SustainabilityBusiness EthicsBoard Diversity & IndependenceESG oversightTransparency, Accountability & Reporting