Embedding a Just Transition into Our Climate Strategy

As part of our broader commitment to responsible decarbonisation, JSW Steel has adopted a formal Just Transition Policy, recognising that the path to a low-carbon future must be inclusive, equitable, and socially responsible. While our decarbonisation journey aims to reduce emissions and build climate resilience, we also acknowledge the potential socioeconomic impacts it may create—particularly on workers, communities, and supply chains. Our Just Transition framework is designed to ensure that the benefits of the green transition are shared widely, while risks are mitigated with empathy and foresight.

The policy is grounded in core principles of sustainable development, decent work, social inclusion, and respect for human rights. We aim to embed these principles into our enterprise risk management framework, complemented by targeted measures such as stakeholder consultations, worker reskilling initiatives, community engagement efforts, and support for our value chain partners. Particular attention is devoted to the most vulnerable groups—whether it is workers at risk of job displacement, small suppliers navigating transitions, or communities adapting to evolving economic and environmental landscapes.

Our approach includes supporting skill development for Sustainable jobs, investing in local infrastructure, and ensuring access to sustainable livelihoods for affected populations. Through transparent disclosure and inclusive governance, we strive to demonstrate accountability, advocate for fair climate action, and ensure that no one is left behind in the pursuit of our net-zero goals. This reinforces our belief that climate action and social responsibility must go hand in hand for a truly sustainable future.

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