ESG & Sustainability Cases
JSW Steel's Decarbonization Roadmap
Interviewer: Rajesh Krishnan, Partner
Good morning! I'm excited to discuss this sustainability case with you today. Our client is JSW Steel, India's leading private steel manufacturer. Let me give you some context.
Client Overview: JSW Steel
| Metric | Value | Industry Benchmark |
|---|---|---|
| Annual Production Capacity | 28 MTPA | ArcelorMittal India: 9 MTPA |
| Revenue (FY2023) | ₹1,67,000 Cr ($20.1B) | Tata Steel: ₹2,42,000 Cr |
| Carbon Intensity | 2.51 tCO2/tcs | Global Best: 1.85 tCO2/tcs |
| Current Energy Mix | 73% Coal, 17% Natural Gas, 10% Renewables | EU Average: 45% Coal, 30% Gas, 25% Renewables |
The Challenge
Context: India has committed to net-zero emissions by 2070, and the steel industry accounts for 11% of the country's CO2 emissions. JSW Steel faces mounting pressure from:
- New Carbon Border Adjustment Mechanism (CBAM) in EU markets
- Domestic carbon tax proposals starting 2026
- ESG-focused investors demanding clear decarbonization targets
- Technology disruption from green hydrogen-based steel production
Your Task: The CEO has asked us to develop a comprehensive decarbonization roadmap that maintains competitiveness while achieving a 50% reduction in carbon intensity by 2030.
Time Remaining:
5:00