India’s private sector JSW Steel has set a goal to cut carbon emissions by 23% in 2030 compared to last year as part of the growing drive to reduce emissions from the steel sector.
The target is 1.95 tonnes of CO2 equivalent (tCO2e) per tonne of steel produced. It includes direct and indirect emissions from JSW steel mills in Vijayanagar, Dolvi and Salem and is in line with the International Energy Agency (IEA) Sustainable Development Scenario for the Indian steel industry, which would reduce carbon emissions from iron and steel by 60% by 2050.
The JSW’s 2030 target also represents a 42% reduction from its 2005 baseline, exceeding India’s goal of reducing total emissions by 30-35% over this period.
JSW subsidiary Future Energy reached an agreement last month with Australia’s Fortescue Future Industries to develop clean hydrogen projects in India for use in steelmaking.
An employee at Indian private sector company Jindal Steel & Power (JSPL) said it is working to inject hydrogen into blast furnaces to meet the country’s emission targets.
The steel industry is one of the main sources of carbon emissions in the world. The world’s largest steelmaker, China, has cut production to reduce emissions, while global steelmakers, the World Steel Association (WSA) and the non-profit organization ResponsibleSteel have prepared a set of guidelines for setting science-based targets to move the industry to zero.