August 19, 2021 | ||||
JSWSL: SECT: MUM: SE: 2021-22 | ||||
To, | ||||
1. | National Stock Exchange of India Ltd. | 2. | BSE Limited | |
Exchange Plaza, 5th Floor | Corporate Relationship Department | |||
Plot No.C/1, G Block | First Floor, New Trading Ring | |||
Bandra-Kurla Complex | Rotunda Building, P J Towers | |||
Bandra (East), Mumbai 400 051 | Dalal Street, Fort | |||
Tel: (022) 26598100-14 / 66418100 | ||||
Mumbai 400 001 | ||||
Fax No.: (022) 26598120 | ||||
Tel: 91-22-22721233/4,91-22-66545695 | ||||
Symbol: JSWSTEEL | ||||
Fax No.: 91-22-22721919 | ||||
Kind Attn.: President (Listing) | ||||
Security Code: 500228 | ||||
Kind Attn: The General Manager (CRD) | ||||
Dear Sir/Madam, | ||||
Sub: Target for CO2 emission reduction |
In compliance with applicable Regulations, if any, of the Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform you that on a review of the decarbonisation pathway for JSW Steel, the Business Responsibility/Sustainability Reporting Committee of the Board of Directors of the Company, vide its resolution dated 19 August 2021 has set a target of achieving CO2 emissions of 1.95 tCO2e per tonne of steel by Fiscal 2030, which is a 23% reduction from FY20 and 42% reduction from the base year of 2005. The target set for CO2 emissions includes direct emissions (Scope 1) and energy indirect emissions (Scope 2) from its operating integrated steel plants at Vijayanagar, Dolvi and Salem and follows the Sustainable Development Scenario (SDS) pathway for Indian Steel Industry as proposed by the International Energy Agency (IEA) Iron and Steel Technology Road Map with an objective to reduce 60% of CO2 emissions by
2050.
You are requested to take the same on record.
Yours faithfully,
For JSW Steel Limited
Lancy Varghese
Company Secretary
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Singapore Exchange Securities Trading Limited
11 North Buona Vista Drive, #06-07, The Metropolis Tower 2, Singapore 138589
Hotline: (65) 6236 8863
Fax: (65) 6535 0775
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JSW Steel Limited published this content on 19 August 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 August 2021 21:33:04 UTC.