JSW Steel, an integrated steel manufacturer, announced today that it has been selected in the S&P Dow Jones Sustainability Index (DJSI) for the Emerging Markets for 2021.

JSW Steel is one of the 15 companies from India and one amongst only three steel companies from Emerging Markets that have made it to the DJSI EM Index which comprises 108 companies globally. The company has progressively improved its score across the three domains of Environment, Social and Governance.

DJSI is the gold standard for corporate sustainability and is highly regarded by global investors, fund managers, and financial analysts looking at ESG based investments. With a steel-making capacity of 27 million tonnes per annum (MTPA) in India & the USA, including capacities under joint control, JSW Steel has participated in the Corporate Sustainability Assessment conducted by the Dow Jones Sustainability Index. As a responsible corporate citizen, JSW Steel’s carbon reduction goals are aligned to India’s Climate Change commitments under the Paris Accord.

Seshagiri Rao, Joint MD, JSW Steel & Group CFO said, "The entry in the DJSI Emerging Markets Index is a testimony to our work and progress in the area of sustainability. JSW Steel has always been a front runner in incorporating ESG into its core operations and decision making, along with adopting the Best Available Technologies (BAT) to improve its climate impact performance."

Shares of the company declined Rs 2.65, or 0.40%, to trade  at  Rs 662.  The total volume of shares traded  was 97,560 at  the BSE (3.27 p.m, Wednesday).