JSW Steel Marks Entry Into DJSI Emerging Markets Index

SEATTLE (Scrap Monster): Leading steelmaker JSW Steel has been selected in the S&P Dow Jones Sustainability Index (DJSI) for Emerging Markets for 2021. It is one among 15 companies from the country and also one of the three steel companies from the emerging markets to make into this year’s prestigious list, which features top 108 companies across the world.

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The company reported progressive improvement in its overall score across all the three domains- environment, social and governance. JSW Steel has moved up from 81^st to 93^rd percentile year-on-year. In the environmental segment, it moved up from 81^st to 91^st percentile. Also, in social segment, the company witnessed improvement from 77^th to 90^th percentile over the previous year.

Commenting on the achievement, Seshagiri Rao, Joint MD and Group CFO, JSW Steel Group said that the entry into the DJSI Emerging Markets Index is important recognition to its work and progress in the area of sustainability. The company has always been in the forefront in incorporating ESG into its core operations and decision making, he noted.

JSW Steel has an estimated steelmaking capacity of 27 million tonnes per annum in India and the U.S.