+
JSW Steel to cut down carbon emissions by 23% till 2030
Steel

JSW Steel to cut down carbon emissions by 23% till 2030

Steel manufacturing major JSW Steel plans to cut down carbon emissions by 23% in 2023 as a part to reduce carbon emissions from the steel industry.

The target is 1.95 tonnes of carbon dioxide equivalent (tCO2e) per tonne of produced steel. It includes both direct and indirect carbon emissions from the Vijayanagar, Dolvi, and Salem steel plants of JSW. The company follows the International Energy Agency's (IEA) sustainable development path for the Indian steel sectors, which sees a 60% carbon reduction from iron and steel sectors by 2050.

JSW targets a 23% emissions reduction by 2030, representing a 42% cut down from its 2005 baseline, increasing its total emissions reduction by 30 to 35% over the period.

The previous month, JSW Future Energy had signed an agreement with Australian Fortescue Future Industries to develop green hydrogen projects within India to use in steel manufacturing.

Another private firm of India, Jindal Steel and Power Ltd (JSPL), told the media that the company is working on injecting hydrogen in blast furnaces to reduce and achieve India's emissions target.

Steel sectors are the most carbon-emitting sector globally. The world's biggest steel producing country, China, has cut output to control emissions. Global steel producers, the World Steel Association (WSA), and non-profit organisations made a set of recommendations to adopt science-based targets for the industry towards net-zero emissions targets.

Image Source


Also read: ACC Limited signs net zero pledge for carbon reduction goal 2030

Steel manufacturing major JSW Steel plans to cut down carbon emissions by 23% in 2023 as a part to reduce carbon emissions from the steel industry. The target is 1.95 tonnes of carbon dioxide equivalent (tCO2e) per tonne of produced steel. It includes both direct and indirect carbon emissions from the Vijayanagar, Dolvi, and Salem steel plants of JSW. The company follows the International Energy Agency's (IEA) sustainable development path for the Indian steel sectors, which sees a 60% carbon reduction from iron and steel sectors by 2050. JSW targets a 23% emissions reduction by 2030, representing a 42% cut down from its 2005 baseline, increasing its total emissions reduction by 30 to 35% over the period. The previous month, JSW Future Energy had signed an agreement with Australian Fortescue Future Industries to develop green hydrogen projects within India to use in steel manufacturing. Another private firm of India, Jindal Steel and Power Ltd (JSPL), told the media that the company is working on injecting hydrogen in blast furnaces to reduce and achieve India's emissions target. Steel sectors are the most carbon-emitting sector globally. The world's biggest steel producing country, China, has cut output to control emissions. Global steel producers, the World Steel Association (WSA), and non-profit organisations made a set of recommendations to adopt science-based targets for the industry towards net-zero emissions targets. Image Source Also read: ACC Limited signs net zero pledge for carbon reduction goal 2030

Related Stories

Gold Stories

Next Story
Products

Interio by Godrej launches modular workplace solutions

Interio by Godrej has launched Workscapes, a modular workplace solutions category designed to help organisations configure and adapt workspaces to changing requirements. The portfolio combines mobile and compatible furniture and support elements that can be rearranged across different work modes without changes to fixed layouts.Workscapes includes Collaboration Tables, Privacy Solutions, Mobile Markerboards and Space Dividers, Power Solutions, Storage and Support Elements, Meeting and Presentation Tools, and Seating Elements. The range is designed for focused work, collaboration, informal disc..

Next Story
Infrastructure Urban

CAFE-III Gives Auto Industry Investment Clarity

The government’s new Corporate Average Fuel Economy (CAFE-III) norms have provided the automobile industry with a clearer framework for technology investments, according to industry representatives. The framework seeks to balance environmental objectives with flexibility for manufacturers while encouraging the adoption of flex-fuel vehicles and biofuels. Society of Indian Automobile Manufacturers (SIAM) President Shenu Agarwal said the five-year framework would give automakers greater predictability to plan investments and accelerate innovation. He said the regulation established annual targ..

Next Story
Infrastructure Energy

Mines Ministry to Auction Two Offshore Mineral Blocks in Andaman Sea

The Ministry of Mines will launch an auction of two offshore mineral blocks in the Andaman Sea on Thursday, seeking to unlock India’s offshore mineral potential and strengthen long-term mineral resource security. The blocks will be offered under a composite licence, which permits exploration and development activities in accordance with the applicable regulatory framework. The ministry said the auction was intended to encourage systematic exploration, attract investment and promote the use of advanced technologies for offshore mineral exploration and development. The initiative is also aimed..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code