Strategy Performance

GROW

Strategic growth with
efficient capital allocation

An investment of
`19,125 crore
allocated to the Dolvi Phase-III project

An additional 5 million
tonnes capacity per annum

  • Economic performance
  • Climate change and emissions management
  • Vendor management and development
  • Energy use and management
  • Water resource use and management
  • Investment in clean technology and environmentally friendly products

OPTIMISE

Cost leadership through resource optimisation and improved raw material security

Acquisition of
Minas de Revuboe Limitada (MDR)
in Mozambique for US$73.75 million

Access to more than 800 MnT of premium hard coking coal reserves

  • Economic performance
  • Vendor management and development
  • Investment in clean technology and environmentally friendly products

ENHANCE

Value-added product portfolio
with innovation and R&D

Development of
Magsure coated steel
that offers enhanced durability and reliability

Coated steel for renewable
energy space

  • Economic performance
  • Technology, product and process innovation
  • Diversified product portfolio

TRANSFORM

Being future-ready through technologyled transformation and digitisation

Project Sampark has achieved a
3.5%
in logistics costs and improved operational efficiency

Cost leadership agenda through resource optimisation

  • Economic performance
  • Technology, product and process innovation
  • Digitalisation and automation

MAINTAIN

Strong financial
profile and ratings

Became the
World's first steel company to issue Sustainability Linked Bonds (SLBs)
raising US$500 million

Access to diverse pools of liquidity alongside strong relationships with domestic and international banks and financial institutions

  • Business ethics
  • Economic performance

SUSTAIN

Mainstreaming sustainability
across the businesses

We are the only steel producer
globally to achieve an
'A' Score
in CDP Water Security 2023

Leadership levels in
CDP Ratings

  • Climate change and emissions management
  • Air emissions and air quality management
  • Water resource use and management
  • Energy use and management
  • Resource use and management
  • Waste management
  • Circular economy
  • Impact on biodiversity
  • Wastewater
  • Occupational health and safety
  • Vendor management and development
  • Training and education

STRATEGY OVERVIEW

PROPELLING
GROWTH

  • What this means for JSW
  • Material issues

We strive for continuous enhancement in all aspects of our business. To achieve this, we have identified six strategic focus areas through a comprehensive evaluation of our key issues, growth needs, stakeholder feedback, and other internal and external factors influencing our progress. Throughout FY 2023-24, we advanced on the path of growth through targeted initiatives in these areas.