Jindal Stainless
Jindal Stainless Limited, a prominent player in the stainless steel industry, is headquartered in India and operates extensively across various regions, including Europe and the Middle East. Founded in 1970, the company has established itself as a leader in the production of stainless steel products, catering to diverse sectors such as automotive, construction, and consumer goods. With a commitment to innovation, Jindal Stainless offers a wide range of core products, including stainless steel sheets, plates, and coils, distinguished by their superior quality and durability. The company has achieved significant milestones, including being one of the largest stainless steel manufacturers in India, and is recognised for its sustainable practices and cutting-edge technology. Jindal Stainless continues to strengthen its market position through strategic expansions and a focus on customer-centric solutions.
DitchCarbon Score
How does Jindal Stainless's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Iron and Steel Production industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Jindal Stainless's score of 34 is higher than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Jindal Stainless's reported carbon emissions
In 2024, Jindal Stainless reported significant carbon emissions, totalling approximately 2,791,558,000 kg CO2e for Scope 1, 787,140,000 kg CO2e for Scope 2, and 3,345,443,000 kg CO2e for Scope 3 emissions. This reflects a comprehensive approach to emissions reporting, covering all three scopes. The previous year, 2023, emissions were recorded at about 2,548,227,000 kg CO2e for Scope 1, 735,755,000 kg CO2e for Scope 2, and 5,624,377,000 kg CO2e for Scope 3, indicating a notable increase in Scope 3 emissions. Jindal Stainless has set ambitious long-term climate commitments, aiming for a 50% reduction in emission intensity for both Scope 1 and Scope 2 by FY35, using FY22 as the baseline. This target demonstrates their commitment to reducing their carbon footprint in line with industry standards. Additionally, the company has committed to achieving net-zero emissions across all scopes by 2050, as confirmed by their Science Based Targets initiative (SBTi) commitments. The company’s GHG emission intensity for Scope 1 and 2 was reported at approximately 2,550 kg CO2e per tonne in 2024, reflecting their ongoing efforts to improve efficiency and reduce emissions. Jindal Stainless's climate strategy is indicative of a proactive approach to sustainability within the mining and metals sector, aligning with global climate goals.
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| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 2,816,978,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 684,949,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 2,592,333,000 | 0,000,000,000 | 0,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Jindal Stainless is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
