Climate Rising Decarbonizing Steel in the Global South: JSW Group’s Climate Strategy
Nov 26, 2025
Parth Jindal, Managing Director of JSW Cement, and Prabod Acharya, Chief Sustainability Officer, delve into JSW Group's ambitious climate strategy. They discuss the importance of decarbonizing steel amidst India's rising demand, exploring innovative practices like industrial symbiosis and green investments. The duo highlights concrete steps such as hydrogen pilots, carbon capture, and renewable energy implementation. They also address policy challenges and the need for cost-effective, sustainable solutions in a rapidly evolving economic landscape.
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Vertical Integration From Operational Necessity
- JSW built power, ports, and cement businesses to support its steel operations and use waste as feedstock.
- Parth Jindal described this vertical integration as the origin of JSW Energy, Infrastructure, and Cement businesses.
Growth Versus Decarbonization Tension
- India plans to nearly double steel capacity toward 300 Mt by 2030, forcing a tension between growth and decarbonization.
- Parth Jindal noted JSW's intensity fell from 3.39 to ~2.3 tCO2/t and aims for 1.95 tCO2/t by 2030.
Prioritize Cost-Saving Decarbonization
- Prioritize decarbonization actions that also lower operating costs, like renewables and waste-gas recovery.
- Parth Jindal recommended sequencing green steps where they improve competitiveness first.