Business Responsibility & Sustainability Report for FY 2024-25
JSWSTEEL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
JSW Steel has filed its Business Responsibility and Sustainability Report for FY 2024-25 as part of its Integrated Annual Report, on a standalone basis with reasonable assurance provided by Bureau Veritas. The company, which manufactures iron and steel (100% of turnover), reported a turnover of ₹1,256,780 crore and a net worth of ₹720,497 crore, employing 14,353 permanent employees and 25,047 contract workers across 5 plants in India. Key sustainability highlights include achieving ResponsibleSteel certification for 4 manufacturing sites (Vijayanagar, Dolvi, Salem, and Tarapur) covering over 80% of primary steel production, a decarbonisation target of 1.95 tCO2/tcs by 2030 and Net Neutral by 2050, and Zero Liquid Discharge across all steel plants. The company recycled about 2.30 million tons of scrap during the year. Several fines and penalties were disclosed, including ₹360,000 and ₹570,000 from the Chhattisgarh Environment Conservation Board for emission and coal transport violations, and ₹18.31 crore in damages and interest from the PF Commissioner for belated PF remittance.
This is a routine regulatory ESG disclosure, not expected to materially move the stock. It provides transparency on sustainability metrics and compliance but reveals no major surprises; the BPSL legal matter remains under Supreme Court review, which investors should track.