Water, food, and energy supplies are at risk due to global warming. The primary cause of global warming is greenhouse gas emissions. Carbon dioxide (CO2), methane (CH4), and nitrogen oxides (NOx) are GHGs produced by the combustion of oil, fossil fuels, and other sources.
Around 4% to 7% of greenhouse gas emissions come from the metals and mining industry. In the industrial sector, GHG emissions are generated from energy generation, heat, and steam. The International Council on Mining and Metals (ICMM) has committed to net zero Scope 1 and 2 emissions by 2050.
JSW Steel Ltd (JSW Steel), a subsidiary of JSW Group, is a manufacturer of steel products. In 2021, the company reported total GHG emissions of around 37.5 million tonnes CO2 equivalents (MtCO2eq), a decrease of 7% over 2020.
GHG emissions are classified into three categories: scope 1, scope 2, and scope 3. Scope 1 emissions are direct emissions from facilities owned or controlled by the company, such as fuel use, on-site electricity generation, anode and reductant use, and process emissions. Scope 2 refers to GHG emissions resulting from the generation of purchased energy, such as electricity, heat, or steam from third parties. Scope 3 emissions refer to the company's other indirect emissions beyond the company’s direct operations and occur in the company’s value chain, including upstream and downstream activities.
JSW Steel has not disclosed the emissions category-wise.
The steel company has set an aim to achieve carbon neutrality at JSW Steel Coated Products by 2030.
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