Categories: Business

JSW Steel and BCG collaborate to quicken the decarbonization process

Boston Consulting Group (BCG) and JSW Steel have worked together on a decarbonization and sustainability strategy. In order to help JSW Steel on its path to being a net-zero carbon emitter, BCG will make use of its unique CO2 AI platform as well as its top-tier digital and analytics skills. During this time, BCG will also put an emphasis on employee training and improving the sustainable culture throughout our manufacturing operations. Their sustainability measures will need to be scaled up as a result of this revolutionary initiative.

Buy Prime Test Series for all Banking, SSC, Insurance & other exams

KEY POINTS:

  • BCG will use JSW’s patented and exclusive CO2 AI solution to manage change effectively and make an impact. The successful Digital Transformation partnership led to their second strategic engagement with JSW Steel.
  • They are thrilled to contribute in strongest skills and cutting-edge solutions to JSW Steel’s sustainability mission.
  • The approach entails a thorough target-setting exercise at the level of overall manufacturing, devolving them into shop level targets, and turning emissions targets into doable tasks on operating metrics.
  • The rollout across the manufacturing activities will be coordinated by a group of sustainability advocates. A roadmap will be created for all medium- to long-term activities with the goal of introducing new technologies and initiatives, such as the usage of hydrogen and carbon capture and storage, among others.
  • A complete evaluation of various technology alternatives pertinent to existing and newly developed capacities and investments necessary to advance sustainability goals will also be included.

Important Takeaways For All Competitive Exams:

  • CEO, Boston Consulting Group: Christoph Schweizer
  • Joint managing director of JSW Steel and group CFO: Seshagiri Rao

Find More Business News Here

Recent Posts

World Day Against Child Labour 2025: A Global Call to Action

Every year on June 12, the world observes World Day Against Child Labour to raise…

25 seconds ago

IREDA Raises ₹2,005.90 Crore via QIP to Power Renewable Energy Push

In a major move to accelerate India's clean energy transition, the Indian Renewable Energy Development…

6 mins ago

Aadhaar OTP Must for Tatkal Bookings from July 15: Railways Issues New Rules

In a major move to curb malpractices and ensure fair access to Tatkal tickets, the…

12 mins ago

SBI General Insurance Appoints Mohd. Arif Khan as Deputy CEO

SBI General Insurance, one of India’s leading general insurance companies, has appointed Mohd. Arif Khan…

18 mins ago

French and UAE Banks Set to Expand Footprint in GIFT City’s Financial Landscape

In a significant boost to India’s International Financial Services Centre (IFSC) ambitions, foreign banks from…

24 mins ago

Which Country has the Most Lakes in 2025? Check the List of Top-10

Lakes are beautiful water bodies surrounded by land. They are found in many countries around…

28 mins ago