WE ARE JSW STEEL
JSW Steel is one of India’s leading integrated and most geographically diversified steel manufacturers. Our steel goes into building key infrastructure across the country, making us an enduring partner in India’s growth story. We focus on adopting the best available technologies and processes to retain steel’s position as the metal of choice while transitioning to a low-carbon future.
27.7 MTPA
Domestic crude
steel capacity
(including BPSL and JSW
Ispat Special Products Ltd.)
37 MTPA
Expected domestic
capacity by FY 2024-25
SAJJAN JINDALCHAIRMAN
MESSAGE FROM THE CHAIRMAN
RESILIENT PERFORMANCE IN A CHALLENGING YEAR
We are making significant investments in R&D which enables us to spearhead advances in crucial areas such as new process and product development, quality and productivity enhancements, cost and energy optimisation, as well as waste utilisation.
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JAYANT ACHARYAJOINT MANAGING DIRECTOR AND CEO
MESSAGE FROM THE JMD AND CEO
OUR GROWTH JOURNEY IS IN STEP WITH INDIA’S PROGRESS
In our downstream facilities, we continue to build capacities of products which aid sustainable living like tinplate for packaging, electrical steels for better energy efficiency and reduced carbon emissions.
Read MoreFINANCIAL PERFORMANCE REVIEW
KEY PERFORMANCE INDICATORS
We prioritise the maintenance of a robust balance sheet, allowing us to navigate through market fluctuations and make strategic investments for the future. FY 2022-23 was a testament to our commitment as we achieved yet another year of exceptional performance, setting new records.
Read More23.83
y-o-y growth
7.68
5-year CAGR
23.16
y-o-y growth
7.49
5-year CAGR
4.8
y-o-y growth
10.0
5-year CAGR
-80.4
y-o-y growth
-3.7
5-year CAGR
-2.2
y-o-y growth
14.3
5-year CAGR
13.8
y-o-y growth
14.7
5-year CAGR
-52.5
y-o-y growth
-0.4
5-year CAGR
SAFETY PERFORMANCE
COMMITTED TO OUR VISION OF ZERO HARM
We strive to maintain a secure, safe and healthy environment for our workforce, partners, and the communities we serve. We have integrated world-class Occupational Health and Safety (OHS) management systems, which we constantly benchmark against global standards to achieve our ultimate goal of zero harm, zero major incidents and zero injuries.
By 2030, we aspire to be recognised as one of the world's safest organisations, where the implementation of the ’highest standards of safety leads to greatest levels of productivity'.
SUSTAINABLE STEEL
TRANSITIONING TO A LOW-CARBON FUTURE
As a responsible steelmaker with an unwavering focus on sustainability, we proactively contribute to the worldwide efforts to address climate change. We have developed a strong roadmap for decarbonisation, setting well-defined targets, and measuring our progress.
Read MoreAbout JSW Steel
DOING THE RIGHT THING, BEING #BETTEREVERYDAY
The sixth integrated report of JSW Steel is prepared in accordance with the International Integrated Reporting framework of the IFRS Foundation. This Report has been published to transparently communicate to stakeholders the Company’s ability to create value in the short, medium and long term. The report focuses on JSW Steel’s achievements, its model of value creation, holistic performance, strategy and risk management and mitigation. There are no restatements of information in this report, compared to our preceding report.
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CREATING
VALUE
STRATEGY
PERFORMANCE
We aspire to be #BetterEveryday, and for that, we have identified six strategic focus areas based on a thorough assessment of our material issues, growth imperatives, stakeholder feedback, as well as other internal and external factors impacting our progress. During FY 2022-23, we made significant progress in these areas through several focused initiatives.
PRIORITISING ENVIRONMENTAL STEWARDSHIP
As a responsible organisation, we understand the significance of nurturing a safe and pristine environment and safeguarding the invaluable ecosystems that support us. Following a proactive approach, we have embraced innovation, incorporated cutting-edge technologies, and implemented operational changes to mitigate long-term environmental risks and promote sustainability
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EMPLOYEES
We deeply value the dedication and unwavering efforts of our employees who have been instrumental in driving our growth. We foster a culture of excellence and actively invest in nurturing the skills and capabilities of our workforce, enabling their personal and professional growth. Our commitment to providing a supportive work environment, combined with the implementation of industry-leading practices, positions us as an employer of choice.
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UPHOLDING ETHICS AND INTEGRITY
We have created a strong system of governance that is built on two essential foundations: transparency and integrity. Our leadership team comprises a seasoned and erudite Board with multifaceted expertise, supported by a team of skilled professionals in senior management. Working together, the Board and senior management uphold our core values and principles, serving as guardians of our governance system.
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