Jindal Stainless Limited has received an ESG rating of 68.3 for Financial Year 2024-25, the company announced in a regulatory filing to stock exchanges on December 26, 2025. The rating was assigned by SES ESG Research Private Limited, a SEBI registered ESG rating provider.

ESG Rating Details

The ESG assessment was conducted by SES ESG Research Private Limited, which operates as a subsidiary of Stakeholders Empowerment Services. The rating agency holds Category II registration with SEBI as an ESG Rating Provider, ensuring regulatory compliance and credibility in the assessment process.

Regulatory Compliance

The disclosure was made pursuant to Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The company's announcement follows the SEBI circular bearing reference number SEBI/HO/CFD/CFD-PoD2/CIR/P/0155 dated November 11, 2024, which mandates such disclosures for listed companies.

Navneet Raghuvanshi, Head-Legal, Company Secretary & Compliance Officer, signed the regulatory filing that was submitted to both BSE Limited and National Stock Exchange of India Limited. The communication ensures transparency and keeps stakeholders informed about the company's ESG performance metrics.

Corporate Governance Framework

ESG ratings have become increasingly important for listed companies as they provide stakeholders with insights into environmental sustainability, social responsibility, and governance practices. The rating of 68.3 reflects the company's performance across these three critical dimensions during Financial Year 2024-25.

The formal intimation to stock exchanges demonstrates Jindal Stainless Limited's commitment to regulatory compliance and transparent disclosure practices. The company requested both exchanges to take the ESG rating information on record as part of their ongoing compliance obligations.

Jindal Stainless , India's largest stainless steel manufacturer, has achieved a remarkable milestone in global sustainability rankings, securing the fourth position in the steel sector and the top spot in the stainless steel category worldwide. The company's Environmental, Social, and Governance (ESG) score of 78 in the Dow Jones Sustainability Index (DJSI) Corporate Sustainability Assessment (CSA) places it among the top 5% of steel companies globally.

Impressive ESG Performance

Jindal Stainless demonstrated exceptional performance across all three ESG dimensions:

This significant improvement from a score of 60 underscores the company's accelerated transition towards sustainability-driven growth, transparency, and long-term value creation.

Recognition and Achievements

• Sole recipient of the prestigious Golden Peacock Award for Sustainability in the steel sector
• 97% data availability rate in the DJSI assessment
• Perfect score of 100 in Transparency Reporting

Sustainability Initiatives

Jindal Stainless has demonstrated its commitment to ESG through strategic investments in decarbonization and sustainability initiatives. These efforts led to:

• 14% year-on-year reduction in GHG emissions
• Implementation of Odisha's largest captive solar plant
• Energy-efficiency upgrades and supply-chain digitization
• Community efforts in education, healthcare, and skilling around their plants

Financial Performance

While Jindal Stainless has made significant strides in sustainability, its financial performance also shows robust growth:

The company's financial stability and growth complement its sustainability efforts, positioning Jindal Stainless as a leader in both economic and environmental performance within the steel industry.

Looking Ahead

As Jindal Stainless continues to prioritize sustainability alongside its business growth, the company is well-positioned to meet its Vision 2030 ambitions. This balanced approach to industrial progress and sustainability sets a new benchmark for the global steel sector and demonstrates the potential for harmonizing economic success with environmental responsibility.