On track for 50 MTPA by FY 2030-31, we're investing `61,000 crore to
build
future-ready steel capacity through bold expansion and innovation.
Our Sustainability Framework at JSW Group is a structured and strategic approach to embedding sustainability across all our businesses and empowers us to innovate sustainably and build a resilient future for generations to come.
Define how each site or business unit shall carry out critical sustainability-related activities. These standards guide everything from setting objectives and managing change to overseeing supply chains, collecting performance data, and executing new projects.
Set clear standards and continuously train employees, while ensuring legal compliance across all sites. Business heads lead implementation, with oversight by our Climate Action Group and Board Committee.
Define how key ESG activities should be performed to ensure consistency across sites.
Provide additional context to help implement ESG standards and support implementation by accounting best practices and approaches.
JSW Steel conducts a structured double materiality assessment process to identify and prioritize environmental, social, governance, and economic issues that have the greatest relevance to the Company's business and stakeholders.
The Business Responsibility / Sustainability Reporting Committee of the Board is briefed on Stakeholder Engagement at least once a year. The Group Chief Sustainability Officer is responsible for overseeing the Stakeholder Engagement Process and Materiality Assessment Process.
The result of materiality assessment has been reviewed and duly signed off by one of the Board members. The Company has formal mechanisms in place to engage key internal and external stakeholder groups, including employees, investors, customers, suppliers, industry experts, regulators, community representatives, and sustainability specialists, in a constructive manner and collect valuable feedback. This proves to be a valuable input for the risk assessment, management process and strategy formulation process of the Company. This analysis helped us identify 18 high-priority material topics that are critical to our business and broader sustainability goals.
The outcomes of the materiality assessment are formally integrated into the Company's Enterprise Risk Management (ERM) framework, enabling the identification, assessment, and monitoring of sustainability-related risks and opportunities alongside broader business risks. Material topics identified through the assessment inform risk registers, mitigation planning, strategic decision-making, and long-term business resilience, ensuring that stakeholder priorities and sustainability considerations are embedded within the Company's risk management processes.
Top 3 Important Topics for JSW Steel:
In addition, the Company undertakes an annual review of its material topics as part of the Business Responsibility and Sustainability Report (BRSR) review process, enabling the Board to reassess the continued relevance of material matters in light of evolving stakeholder expectations and business priorities.
Group Chief Sustainability Officer
Senior Vice President
Vice President
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