Mumbai, India – December 15, 2023 – JSW Steel Ltd. (“JSW Steel” or the “Company”) is very happy to announce that the Company’s flagship decarbonization program – SEED (Sustainable Energy Environment and Decarbonization) has been honoured as one of the top global Energy Transition Changemakers in the category of “Heavy Emitting Sectors” at the prestigious COP28 Energy Transition Changemakers event. This accolade underscores JSW’s leadership in sustainable practices within the steel industry.
Jayant Acharya, Joint Managing Director and CEO – JSW Steel Limited said “Sustainability is a value that lies at the very core of JSW’s Sustainability Vision that shapes the organization’s strategic goals and priorities. The SEED program focusses on an organisational mindset change to improve efficiency in each level to drive improvement not only in carbon performance but overall productivity improvement. We strive to continually keep raising the bar on our ambitions and actions in order to truly be Better Everyday for a sustainable world.”
Energy Transition Changemakers is a COP28 UAE Presidency initiative which aims to foster private sector collaboration in delivering innovative and scalable decarbonization projects globally and demonstrate solutions to help enable and accelerate the energy transition across 4 sectors viz Renewables, Renewable Integration & Clean Power, Energy Efficiency, Low-Carbon & Renewable Hydrogen and Heavy Emitting Sectors.
The SEED initiative of JSW was recognised and is built on two key objectives:
Driving Operational Decarbonization: By formulating and executing detailed action plans at the shop level, aligned with the goal of achieving best-in-class emissions globally within the BF-BOF route.
Implementing Change Management: Ensuring on-the-ground change across various organizational levels, with a focus on taking ownership of emission metrics.
The acknowledgment of the SEED program at the COP28 Energy Transition Changemakers event stands as a testament to our innovative approach to sustainability. Representing JSW Steel at the event were Mr. Gajraj Singh Rathore, Chief Operating Officer, and Mr. Prabodha Acharya, Chief Sustainability Officer. Their active participation in this global forum highlights JSW’s leadership and unwavering commitment to sustainable practices in the steel industry and our commitment to keep improving reflecting our ethos of Better Everyday.
