<article><p class="lead">India's private-sector JSW Steel has set a target to cut its carbon emissions by 23pc in 2030 compared to last year, as part of a growing push to reduce steel sector emissions.</p><p>The target is 1.95t of CO2 equivalent (tCO2e) per tonne of steel produced. It includes direct and indirect emissions from JSW's Vijayanagar, Dolvi and Salem steel plants and follows the International Energy Agency's (IEA) sustainable development scenario pathway for the Indian steel industry, which sees a 60pc reduction in carbon emissions from iron and steel by 2050.</p><p>JSW's target for 2030 also represents a 42pc cut from a 2005 baseline, exceeding India's target to cut total emissions by 30-35pc over that period.</p><p>The firm's sister company JSW Future Energy <a href="https://direct.argusmedia.com/newsandanalysis/article/2239011">reached an agreement with Australia's Fortescue Future Industries</a> last month to develop green hydrogen projects in India for use in steelmaking.</p><p>Fellow private-sector Indian firm Jindal Steel &amp; Power (JSPL) has said it is working to inject hydrogen into blast furnaces to meet the country's emissions targets.</p><p>The steel industry is one of the top carbon-emitting sources globally. The world's biggest steel producer <a href="https://direct.argusmedia.com/newsandanalysis/article/2238875">China has cut output to curb emissions</a>, while global steelmakers, the World Steel Association (WSA) and non-profit organisation ResponsibleSteel have produced a <a href="https://direct.argusmedia.com/newsandanalysis/article/2238065">set of recommendations for adopting science-based targets for the industry's road to net-zero emissions</a>.</p><p class="bylines">By Sumita Layek</p></article>
