Table › Companies › JSW Steel Ltd

Initials from the entity name. Click the row to open the full profile.JSW Steel LtdHeavy industry: steel, cement, chemicals, aluminium. IndiaOfficial site ↗
7.8 million
cars driven for a year
35.8 Mt CO₂e
Approximate — depends on local grid.Approximate — depends on local grid.Approximate — varies by species, climate and age of tree.
flat year-on-year

🔥 JSW Steel Ltd ranks #33 because its heavy-industry plants (steel, cement, chemicals) release CO₂ in their core processes.

How much of this entity's emissions could be tied to a named owner.How sure we are about the numbers — based on data coverage, recency and source agreement.Number of power plants or sites attributed to this entity in the Climate TRACE dataset.
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Climate Damage Score: 0–100. Bigger means more greenhouse gas this year. Built only from measured emissions and trend.
#33 of 1649

JSW Steel Ltd, based in India, runs heavy industry such as steel, cement, chemicals or aluminium. Climate TRACE attributes 3 high-emitting assets to it. Its largest tracked activities are steel making.

High-temperature heatIndustrial furnaces burn large amounts of fuel for process heat.
Process emissionsSome reactions (e.g. making cement clinker) release CO₂ directly, on top of fuel use.
Traps heatThe combined CO₂ adds to global warming.
See the proof

Power plants & sites behind it3 attributed assets · ownership split equally across listed owners

AssetSectorOwnershipAttributedConf.
JSW Steel Dolvi steel plantManufacturing100%14.1 Mtvery low
JSW Steel Vijayanagar steel plantManufacturing100%13.6 Mtmedium
JSW BPSL Jharsuguda steel plantManufacturing100%8 Mtvery low
Where this comes from
Climate TRACE — asset-level emissions & ownership · CC BY 4.0
Manufacturing · reference year 2024
Who profits

Hand-curated shareholder, revenue and investor context from primary public sources. This data is shown alongside — but is not used to compute — the Climate Damage Score.

About this data. Institutional investors like BlackRock, Vanguard and State Street typically hold shares on behalf of clients — appearing in shareholder records does not mean they control or direct the company. State entities and individuals with majority stakes are different and labelled accordingly.

Visit JSW Steel Limited
publicListed: JSWSTEEL.NSParent: JSW Group (Sajjan Jindal family)HQ India

Revenue

$21.1BUSD · FY2023

Source: Wikipedia — JSW Steel (FY2022-23 ≈ ₹1.75 trillion)

Emissions intensity

1.7MtCO₂e / $1bn revenue

Roughly at the curated-sample median of 2.02 Mt/$bn.

Top shareholders & investors

  • JSW Group promoter holdings (Sajjan Jindal family entities)44.8%promoter
  • JFE Steel Corporation (Japan)15%corporate
  • Public and institutional shareholders (combined)40%public

Source: primary public filings via Wikipedia. Stakes can change; see filings for the latest.

India's largest steelmaker by capacity. Promoter-controlled by the Sajjan Jindal branch of the OP Jindal family. JFE Steel of Japan holds a strategic minority stake.

How it's allowed

Signals below are derived from emissions data and ownership coverage only — not from any legal or regulatory finding.

Permitted Emissions
These emissions appear to occur under existing permits and regulations. Operating legally is not the same as operating cleanly.
Hard-to-Abate Process Emissions
Cement, steel and similar processes emit CO₂ from the chemical reaction itself, not only from burning fuel — making them hard to fully decarbonise.
Low Measurement Confidence
Measurement confidence for this entity is low; figures are best-available estimates.
No Verified Enforcement or Lobbying Record
This dataset contains no verified enforcement actions, lobbying records, subsidies, or litigation for this entity. Absence of evidence here is not evidence of compliance or of any violation.

Climate Villains makes no claim that any entity has broken any law. These are data-derived signals, not allegations.

Trend
Roughly flat▼ −0.2% falling
35.8 Mt37.3 Mt38.8 Mt20222024

Attributed emissions are roughly stable year on year. Attributed emissions, 2022–2024.

It ranks #33 mainly because its attributed assets emitted about 35.8 Mt CO₂e in 2024 (≈ 7.8M cars/yr).

The Climate Damage Score is driven by that absolute size on a log scale, with no trend adjustment applied.

Score breakdown

Absolute emissions
88 pts
Trend modifier
▼ −0.2% falling0 pts
Data confidence
How sure we are about the measurement. A low score doesn't lower the polluter's rank — it just shows the data is fuzzier.

See the full methodology for how the score is built, or data & coverage for how complete the underlying numbers are.

What we know · what we don't

What we know

  • Attributed emissions: 35.8 Mt CO₂e in 2024 (≈ 7.8M cars/yr).
  • Primary sector: Manufacturing; primary country: India.
  • Evidence: 3 assets; ~100% ownership-attribution coverage.
  • Source: Climate TRACE (CC BY 4.0).

What we don’t

  • Exact ownership percentages — Climate TRACE lists owners but not stakes, so shared assets are split equally.
  • Indirect (supply-chain / financed / product-use) emissions are not included.
  • No PR claims, lobbying records, litigation history or policy-compliance data are included.
How sure we are about the measurement. A low score doesn't lower the polluter's rank — it just shows the data is fuzzier.How much of this entity's emissions could be tied to a named owner. Higher means a more complete picture.