Jindal Stainless Ltd (JSL) is in the process of investing INR 700 crore in decarbonisation projects to achieve its net-zero goals by 2050. The investments will continue over next five years to set up various environment-friendly projects, which include renewable energy, green hydrogen, biodiversity conservation, waste management and adoption of carbon capture technologies.
JSL has also launched a task force on nature-related financial disclosure (TNFD) report aims to identify, assess, and mitigate nature-related risks while capitalising on opportunities to ensure business resilience and environmental stewardship.
TNFD framework focuses on the four critical pillars of governance, strategy, risk and impact management to outline its metrics and strategic targets.
Highlighting investments in renewable energy, green hydrogen and innovative recycling technologies, the report provides comprehensive Biodiversity Management Plans (BMPs) and nature risk assessments at key company facilities in Jajpur, Hisar, and Vizag.