MUMBAI: ArcelorMittal Nippon Steel India (AM/NS India) has published its Sustainability Report for FY2024-2025, which has set out the measurable progress it is making on its commitment to decarbonisation, circularity, and communities’ empowerment. The report also underscores that AM/NS India’s efforts to cut CO₂​ emissions and embrace circularity are aligned with global standards such as Global Reporting Initiative (GRI) 2021, European Sustainability Reporting Standards (ESRS), Integrated Reporting (IR) & Business Responsibility and Sustainability Reporting (BRSR).

Dilip Oommen, Chief Executive Officer, ArcelorMittal Nippon Steel India (AM/NS India), said: “Sustainability is integral to our business strategy, promoting innovation, contributing to national climate action goals, and ensuring the well-being and safety of our employees and all other stakeholders. The past financial year has marked a turning point in our sustainability journey as we made steady progress on our strategic intent to continue producing high-quality and low-carbon emissions steel, more responsibly. Under the theme ‘From Green Promise to Green Action’, the report details measurable advancements we made in sustainability across our operations, value chain, and communities.”

Milestones

• Low-carbon emissions steelmaking progress: CO₂ emissions intensity has been reduced by 2.2% from the 2021 baseline. Since 2015, AM/NS India has reduced more than one-third CO₂ emissions intensity. The company is currently recognised as one of India’s lowest carbon-emitting integrated steel producers (14% lower than the national average).
• Renewable energy integration: 26% of the organisation’s total electricity consumption has been sourced from renewable energy. The notable boost in renewable energy was realised when the company’s flagship plant in Hazira, Gujarat, started receiving clean energy from about a 1-GW hybrid renewable energy project in Andhra Pradesh. The $0.7 billion project, developed by AM Green Energy (part of ArcelorMittal, one of our parent companies), represents the company’s commitment to decarbonisation.
• Water resource management: Zero liquid discharge has been achieved across the company operations in India; 350 million litres of rainwater have been harvested.
• Circularity: Nearly 4.1 lakh tonnes of steel scrap have been utilised in the financial year, resulting in 5.7% of scrap mix in steel production. A scrap processing plant in Khopoli, Maharashtra, accelerated this circularity in its supply chain, bringing AM/NS India closer to its 10 % scrap mix target by 2030.

The report details how the company is pursuing green hydrogen and carbon capture to pave the way for next-generation steelmaking. AM/NS India collaborated with ArcelorMittal’s XCarb India Accelerator program (in which IIT Madras was also involved) and interacted with 50 start-ups focusing on decarbonisation technologies. Out of them, three companies were awarded seed funding by ArcelorMittal to spur innovation.

The company has touched over 2.5 million lives so far in about 210 villages across the nation. Some of the key initiatives that generated considerable impact in the FY 24-25.

• Skill Development (Daksh): 1,578 youth were trained; 911 were successfully placed.
• Health (Aarogya): 0.66 million beneficiaries were afforded better access to healthcare.
• Livelihoods (SAFAL): The Sustainable Agriculture For Alternative Livelihood (SAFAL) programme led to a 20% increase in farmer incomes.
• Environment & Energy (Green & Ujjwala): Afforestation and solar infrastructure initiatives.

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KALYANI FeRRESTA steel products are manufactured in an Electric Arc Furnace using electricity from 100% of renewable energy sources and more than 70% recycled scrap material with zero GHG footprints. KALYANI FeRRESTA PLUS has Net Zero GHG emissions per ton of Crude steel whereas KALYANI FeRRESTA has very low GHG emissions of <0.19 tCO_2e per MT of Crude Steel. Customers purchasing KALYANI FeRRESTA & KALYANI FeRRESTA PLUS steel products will get Green Steel certificates jointly issued by DNV Business Assurance India Private Limited & Saarloha which they can use to claim their Scope 3 emissions reduction.

Speaking at the launch, Shri. Jyotiraditya Scindia, Minister of Steel and Civil Aviation said, “A sunrise day for India’s steel sector, as India initiates green steel production using renewable energy. The Kalyani Ferresta specialty steel plant will herald a new path for producing steel sustainably with near-net zero carbon emission.

The steel sector is the foundational force for the development of the nation. This initiative will help transform the steel sector’s long-standing identity from a carbon-emitting “hard to abate sector”, to a reduced carbon emitting-green steel-producing industry. It will also be instrumental in materializing Prime Minister Narendra Modi’s vision of Net Zero by 2070.

My best wishes to the Kalyani Group for the trailblazing initiative, and hope that this would serve as a guiding light in the domain of socially-conscious business”

Speaking at the launch, Shri. Amit Kalyani, Deputy Managing Director, Bharat Forge said, “We are stepping into the era of sustainable development. At Kalyani group, we are committed to reducing our carbon footprints and KALYANI FeRRESTA is a significant step toward realizing the larger vision of achieving carbon neutrality. Green Steel is the future of the world economy and given the vast renewable energy potential of India, we can lead from the front.”

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The MoU was signed in the presence of N Chandrasekaran, Executive Chairman, Tata Sons, and Tom Linebarger, Executive Chairman, Cummins Inc., on November 14, 2022, at the Tata Sons Headquarters – Bombay House, in Mumbai, India. Senior officials and dignitaries from Cummins India and Tata Motors were also present during the MoU signing ceremony.

On this occasion, Mr. N Chandrasekaran, Executive Chairman, of Tata Sons and Chairman, of Tata Motors said, “The shift to sustainable mobility is irreversible and Tata Motors is committed to being amongst the leaders of green mobility. We are taking definitive steps to drive this global megatrend forward in each of our businesses. Working with partners who share the same vision is essential for this transition and we are delighted to strengthen our long-standing relationship with Cummins for their next-generation, hydrogen propulsion systems. We are excited to indigenize the cutting-edge hydrogen technology to offer our customers an expanded portfolio of green and future-ready commercial vehicles, accelerate the adoption of sustainable mobility in the country, and contribute towards India’s ‘net zero’ carbon emission goals.”

Commenting on the strategic collaboration, Mr. Tom Linebarger, Executive Chairman, Cummins Inc., said, “Climate change is the existential crisis of our time, and this collaboration between Cummins and Tata Motors accelerates our ability to address it. Cummins is well-positioned to help our customers successfully and seamlessly transition to economically viable decarbonized solutions. Cummins and Tata Motors have a strong history of partnership, and the next step into low and zero-emissions technologies is an exciting development for zero-emissions transportation. Our collaboration in India is an important milestone for Cummins and Tata as we work together to accelerate the shift to a carbon-free economy and a zero-emissions world. We strongly believe that this collaboration is a significant step forward to achieving India’s Green Hydrogen Mission. I am excited to enable powering a cleaner and greener India.”

In 1993, the two engineering companies came together to fulfill their goal of introducing best-in-class cleaner vehicle technology solutions to the Indian market – Tata Motors to deliver best-in-class mobility solutions in India and Cummins to power that vision through their products and services. Driven by a shared ideology, common vision, and values of Integrity, Teamwork, and Excellence, this partnership has grown from strength to strength over the last three decades. This MoU further solidifies their association and is aligned with India’s vision of ‘Energy for Sustainable Growth’ and achieving net zero carbon emissions by 2070. India will be one of the first markets to receive Cummins’ Hydrogen engines, an important technology to help drive decarbonization.

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