difference between JSW vs TATA Steel
JSW Steel ranks tenth. It has high emissions and energy intensities, though has demonstrated progress in reducing them in recent years. Its emissions reduction target runs only to 2016, and it apply appear to be involved in significant breakthrough emissions reduction technology research. Scope of report: Company selection .it uses some reduction of smoking emmission technology.
Tata Steel ranks second last. It provides limited transparency relative to other companies, only providing substantive environmental data for its Indiabased operations, representing only one-third of its operations by tonnes of steel produced globally. This lack of fully consolidated environmental disclosure provides investors with limited perspective of its environmental risks and performance and resulted in its omission from several quantitative benchmarking exercises. If it were included, its disclosed India-only emissions and energy intensities rank worse than average. It is also subject to a higher level of water stress than most companies assessed. Positively influencing its ranking, it has piloted a new bath smelting steelmaking technology, HIsarna, stated as capable of reducing steelmaking emissions by 20%, or up to 80% if able to be combined with CCS in future. However, significant additional funding will be required to achieve commercialization.
Tata Steel ranks second last. It provides limited transparency relative to other companies, only providing substantive environmental data for its Indiabased operations, representing only one-third of its operations by tonnes of steel produced globally. This lack of fully consolidated environmental disclosure provides investors with limited perspective of its environmental risks and performance and resulted in its omission from several quantitative benchmarking exercises. If it were included, its disclosed India-only emissions and energy intensities rank worse than average. It is also subject to a higher level of water stress than most companies assessed. Positively influencing its ranking, it has piloted a new bath smelting steelmaking technology, HIsarna, stated as capable of reducing steelmaking emissions by 20%, or up to 80% if able to be combined with CCS in future. However, significant additional funding will be required to achieve commercialization.
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