Jindal Stainless, India’s largest stainless-steel manufacturer, announced on April 16, 2024 its official commitment to the near-term science-based emissions reduction and net zero targets outlined by global climate action body Science-Based Targets initiative (SBTi), in a significant step towards achieving carbon neutrality. The development makes the company the largest such player in the stainless steel and steel sector in the country to express the intent.
Jindal Stainless has taken several steps in its decarbonisation strategy in the recent months. From the establishment of a green hydrogen plant to entering into a contract for a 300 MW wind-solar hybrid renewable energy projects, the company has strategically aligned its efforts to decarbonise with the aim of achieving net zero emissions by 2050.
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