JSW Group becomes a member of World Business Council for sustainable development

7 Feb 2022 , 01:26 PM

JSW Steel Ltd, one of India’s leading business houses, becomes one of the newest members of the World Business Council for Sustainable Development (WBCSD), joining existing 200 companies.

Seshagiri Rao, Joint Managing Director, and Group CFO will represent the JSW group. He will also take part in the WBCSD CFO network, which is driving higher ESG performance within companies, and more effective disclosure to capital markets.

Seshagiri Rao, JMD & Group CFO says, “JSW is committed to syncing our business operations with the planet’s welfare, enabling growth, sustainably. At JSW, we remain committed to creating a “Better today, Stronger tomorrow.” Company is excited to join WBCSD to collaborate and drive transition for a better world for all.”

The JSW Group is a multinational conglomerate headquartered in India, with a valuation of $ 13 million. JSW embarks its innovative and sustainable presence in various sectors including energy, steel, paints, infrastructure, venture capital, cement, and sports is helping the Group play an important role in driving India’s economic growth. The Group strives for excellence by using its strengths and capabilities including a successful track record of executing large capital-intensive and technically complex projects, differentiated product mix, state-of-the-art manufacturing facilities, and focusing primarily on sustainable growth.

“JSW Group is joining WBCSD at a crucial time when expectations of business have never been superior” commented Joe Phelan, India Director, WBCSD. He further added, “JSW is a major player in the global steel industry, which is well indulged in climate action, as well as in energy, infrastructure, and more. We look forward to extending further opportunities for the company to expand and further the role they play in a sustainable world.”

JSW Steel is currently trading at Rs652.60 down by Rs4.8 or 0.73% from its previous closing of Rs657.40.