JSW Steel Plans $1 Billion Investment for Decarbonisation Goals

11 Jul 2024 CW Team

JSW Steel has unveiled plans to invest $1 billion in initiatives aimed at achieving net neutrality by 2050. This ambitious goal is part of the company's commitment to sustainability and reducing carbon emissions across its operations. The investment underscores JSW Steel's proactive approach to addressing climate change challenges while maintaining its leadership in the steel industry.

The decarbonisation initiatives will focus on adopting advanced technologies and implementing renewable energy solutions to minimise carbon footprint. JSW Steel aims to enhance energy efficiency, optimise resource utilisation, and integrate green technologies into its manufacturing processes. These efforts are expected to significantly reduce greenhouse gas emissions and contribute to global efforts in combating climate change.

The $1 billion investment reflects JSW Steel's strategic vision to transition towards a low-carbon future and align with international sustainability standards. By investing in decarbonisation, the company aims to enhance operational resilience, mitigate environmental impact, and meet evolving regulatory requirements.

JSW Steel's commitment to decarbonisation is poised to set new benchmarks in the steel industry, promoting sustainable development practices and fostering innovation in clean technologies. The initiative underscores the company's role in driving industry-wide transformation towards more sustainable and environmentally responsible steel production.

Real Estate

07 Jul 2026

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..