Business Responsibility & Sustainability Report
JINDALSTEL · price
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Awaiting price reaction for this filing.
Jindal Steel Limited has submitted its Business Responsibility and Sustainability Report (BRSR) for FY 2024-25 to BSE and NSE, as required under SEBI's Listing Regulations. The company reported a turnover of ₹48,818.03 crore and a net worth of ₹49,762.87 crore, with metal and metal products accounting for 95% of revenue and exports contributing 5.55%. It operates 12 plants and 46 offices across India, serves 28 states and 35 countries, and employs 8,077 people (women make up 4.46% of employees and 25% of the board). The report highlights key ESG targets, including achieving net zero carbon emissions by 2047 (aspiration by 2035) and reducing carbon intensity to 2.0 tCO2/tcs by 2030, supported by green hydrogen, syngas injection, and renewable energy initiatives. It also details sustainability commitments, certifications (ISO 9001, 14001, 50001, OHSMS 45001), and grievance redressal data—872 community requests were received, 58 pending, along with 136 shareholder and 295 customer complaints.
This is a routine annual regulatory filing, not a new announcement, so there is no direct impact on the stock price. However, it reinforces Jindal Steel's ESG positioning, decarbonisation roadmap, and governance disclosures, which can support long-term investor confidence, especially among sustainability-focused funds and lenders.