JSW Steel ties up with BCG to accelerate decarbonization journey

New Delhi: JSW Steel has collaborated with Boston Consulting Group (BCG) for its decarbonisation and sustainability agenda. As part of this, BCG will leverage its proprietary CO2 AI platform with best-in-class digital and analytics capabilities to support JSW Steel on its journey to achieve net-zero carbon emissions.

JSW Steel is committed to combating the challenge of climate change by incorporating sustainability into its business operations. The partnership is a step in that direction.

“JSW Steel has an ambitious target of reducing its carbon emissions by 42% (compared to base year 2005) by FY30… We are looking to accelerate our journey towards meeting our emissions targets with BCG Seshagiri Rao, Joint Managing Director and Group CFO, JSW Steel, said, “This collaboration is clearly aimed at applying digital and analytics to track, measure, simulate and enhance the environmental performance of JSW Steel. focused on.”

“In the process, BCG will also focus on upskilling our employees and enhancing the sustainability culture in our manufacturing operations. This transformational initiative will play a vital role in enhancing our sustainability initiatives.”

“We will deploy our proprietary and patented CO2 AI solution to achieve focused change management and impact. This is our second strategic collaboration with JSW Steel after our successful digital transformation partnership. Christoph Schweizer, CEO of Boston Consulting Group, said, “We are very excited to bring the best of our capabilities and innovative solutions to JSW Steel’s sustainability agenda.

The program includes a rigorous targeting exercise at the overall manufacturing level, evolving them into shop level targets, and converting emissions targets into actionable actions on operating metrics. A team of sustainability champions will lead the deployment in manufacturing operations. For all mid- to long-term initiatives, a roadmap will be drawn up that aims to introduce new technologies and initiatives, including the use of hydrogen, carbon capture and storage. This will also include an end-to-end evaluation of diverse technology options relevant to existing and new capabilities and the investments required for further sustainability goals.

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