Date: July 2, 2026

General Company Information

  • Corporate Identity Number (CIN): L27102MH1994PLC152925
  • Year of incorporation: 1994
  • Registered office address: JSW Centre, Bandra Kurla Complex, Bandra East, Mumbai - 400051, Maharashtra, India
  • Corporate address: JSW Centre, Bandra Kurla Complex, Bandra East, Mumbai - 400051, Maharashtra, India
  • Financial year reported: 2025-2026
  • Paid-up Capital: ₹2,445,453,966
  • Contact for BRSR queries: Prabodha Acharya, Group Chief Sustainability Officer, JSW Centre, Bandra Kurla Complex, Bandra East, Mumbai - 400051, Telephone: +912242861000, Email: prabodha.acharya@jsw.in
  • Reporting boundary: Standalone basis
  • Assurance provider: Bureau Veritas (India) Pvt Ltd.
  • Type of Assurance: Reasonable Assurance of Business Responsibility and Sustainability Report (BRSR) as per SEBI circulars dated July 12, 2023 and December 20, 2024, and Master Circular dated January 30, 2026

Business Activities

  • Main Activity: Manufacture of Iron and Steel (Manufacturing) - 100% of turnover
  • Products/Services: Mining of iron ores, Manufacture of basic iron and steel, Casting of metals, Manufacture of other fabricated metal products - 100% of total turnover
  • Operations: 18 plants and 1 office nationally (19 total locations), 0 international locations
  • Locations include Integrated Steel Plants (ISPs), Anjar, and Karnataka and Odisha mines
  • Markets served: 28 Indian states, 77 international countries
  • Export contribution: 7.15% of total turnover
  • Customer base: Automotive, general engineering, machinery, projects and construction sectors

Employee and Workforce Data

Employees and Workers (including differently abled):

  • Permanent Employees: 16,083 total (14,792 male - 91.97%, 1,291 female - 8.03%)
  • Other than Permanent Employees: 0
  • Permanent Workers: 0
  • Other than Permanent Workers: 29,245 total (28,631 male - 97.90%, 614 female - 2.10%)

Differently Abled Employees and Workers:

  • Permanent Differently Abled Employees: 29 total (25 male - 86.21%, 4 female - 13.79%)
  • Other than Permanent Differently Abled Employees: 0
  • Permanent Differently Abled Workers: 0
  • Other than Permanent Differently Abled Workers: 0

Gender Representation:

  • Board of Directors: 12 total, 3 women (25.00%)
  • Key Management Personnel: 2 total, 0 women (0.00%)

Turnover Rates:

  • Permanent Employees: Current year 9.81% (Male 9.63%, Female 11.92%)
  • Permanent Workers: 0.00% across all periods

Subsidiaries and Associates

  • 64 holding/subsidiary/associate companies/joint ventures listed with percentage holdings
  • Major subsidiaries include JSW Steel (USA) Inc, JSW Steel Italy S.r.l., Bhushan Power and Steel Limited, JSW Steel Coated Products Limited, and others
  • Joint ventures include JSW Severfield Structures Limited (50%), JSW MI Steel Service Center Private Limited (50%), and others

CSR Applicability

  • CSR applicable as per section 135 of Companies Act, 2013: Yes
  • Turnover: ₹1,288,010,000,000
  • Net worth: ₹776,249,191,220

Grievance Redressal

  • Comprehensive grievance redressal mechanisms in place for all stakeholder groups
  • Current FY complaints: Shareholders (1,115), Employees and workers (1,749), Customers (1,495)
  • Previous FY complaints: Shareholders (879), Employees and workers (35), Customers (1,765)
  • All shareholder complaints resolved, some employee and customer complaints pending resolution

Material Responsible Business Conduct Issues

17 material issues identified with risk/opportunity assessment:

1. Air emissions and air quality management (Risk)

2. Biodiversity (Risk & Opportunity)

3. Business Ethics including Anticorruption (Risk & Opportunity)

4. Climate change and emissions management (Risk & Opportunity)

5. Economic Performance (Opportunity)

6. Occupational health and safety (Risk & Opportunity)

7. Energy use and management (Risk & Opportunity)

8. Human Rights (Risk & Opportunity)

9. Resource use and management (Risk & Opportunity)

10. Diversified product portfolio (Opportunity)

11. Vendor management and development (Risk & Opportunity)

12. Technology, product and process innovation (Opportunity)

13. Waste management and Circular economy (Risk & Opportunity)

14. Wastewater (Risk & Opportunity)

15. Water resource use and management (Opportunity)

16. Training and education (Opportunity)

17. Investment in clean technology (Opportunity)

Policy Framework

  • Policies cover all 9 NGRBC principles (P1 to P9)
  • All policies approved by the Board
  • Policies translated into procedures and extended to value chain partners
  • Based on international standards including ISO 9000, ISO 14000, ISO45001, ISO 50001, ISO26000, SA8000, IFC Performance Standards, OECD Guidelines, UNGC guidelines, ILO Principles

Governance Structure

  • Highest authority: Board of Directors with oversight through various committees
  • Business Responsibility/Sustainability Reporting Committee exists with defined terms of reference
  • Committee meets biannually to review sustainability performance and climate-related matters
  • External assessment carried out by Bureau Veritas
  • ResponsibleSteel™ certification achieved for four manufacturing sites covering over 80% of primary steel production

Principle-wise Performance Disclosure

Principle 1 (Ethical, Transparent, Accountable):

  • 100% training coverage for KMPs, employees, and workers
  • No material fines/penalties exceeding SEBI Regulation 30 thresholds
  • Anti-corruption policy in place with zero-tolerance approach
  • No disciplinary actions for bribery/corruption
  • Accounts payable days: 87 days (current), 127 days (previous)

Principle 2 (Sustainable and Safe Goods/Services):

  • R&D investment: 100% focused on environmental and social improvements
  • CAPEX investment: 14.51% focused on environmental and social improvements
  • 100% sustainable sourcing practices
  • Life Cycle Assessments conducted for multiple products with EPDs available
  • 16.20% recycled input material usage

Principle 3 (Employee Well-being):

  • 100% health and accident insurance coverage for employees and workers
  • 100% maternity benefits coverage for female employees
  • 100% paternity benefits coverage for male employees
  • 100% day care facilities coverage
  • Retirement benefits: 100% PF and Gratuity coverage for employees
  • Equal opportunity policy in place
  • 100% return-to-work rate after parental leave
  • Comprehensive grievance mechanisms available
  • Safety performance: LTIFR Employees 0.20, Workers 0.16; Total recordable injuries: Employees 23, Workers 120; Fatalities: Employees 2, Workers 4

Principle 4 (Stakeholder Responsiveness):

  • Seven key stakeholder groups identified: Employees, Government, Customers, Communities, Suppliers, Institutions, Investors
  • Structured engagement mechanisms with defined frequencies
  • Stakeholder consultation used for environmental and social topic identification

Principle 5 (Human Rights):

  • Human rights training provided across organization
  • All employees and workers paid above minimum wage
  • Median remuneration: BoD ₹6.92Cr, KMP ₹3.29Cr, Other employees ₹0.09Cr
  • Gross wages to females: 6.14% of total wages
  • Human rights focal point established
  • 4 POSH complaints received, 3 upheld

Principle 6 (Environmental Protection):

  • Energy consumption: Renewable 68,79,146.59 GJ, Non-renewable 59,56,85,645.10 GJ
  • Energy intensity: 23.825 GJ/tcs
  • All sites PAT scheme compliant with targets achieved
  • Water withdrawal: 10,91,83,898.80 KL, Consumption: 6,00,06,023.00 KL
  • Zero Liquid Discharge maintained across all operations
  • Air emissions: NOx 1.09 Kg/tcs, SOx 1.48 Kg/tcs, PM 0.37 Kg/tcs
  • GHG emissions: Scope 1 1,65,53,056.65 tCO2, Scope 2 10,22,973.44 tCO2, Intensity: 2.423 tCO2/tcs
  • Decarbonization target: 1.95 tCO2/tcs by 2030, net neutral by 2050
  • Waste generated: 2,40,95,702.30 tonnes, 1,91,10,466.08 tonnes recovered
  • Comprehensive waste management practices including circular economy approach

Principle 7 (Responsible Policy Influence):

  • 12 affiliations with trade/industry associations
  • Top associations: CII, FICCI, ASSOCHAM, Indian Steel Association, GRI, WBCSD, UNGC
  • No adverse orders on anti-competitive conduct
  • Public policy advocacy on decarbonization, carbon markets, raw material security, and other areas

Principle 8 (Inclusive Growth):

  • No Social Impact Assessments required in current FY
  • No ongoing Rehabilitation and Resettlement projects
  • Community grievance mechanisms in place
  • 13.21% procurement from MSMEs/small producers
  • 68.10% procurement from within India
  • Rural employment: 32.43% of wage cost

Principle 9 (Responsible Consumer Engagement):

  • Consumer complaint mechanisms in place
  • 1,495 consumer complaints received, 110 pending
  • No product recalls
  • Cybersecurity and data privacy framework established
  • 0% data breaches involving personally identifiable information
  • Consumer education programs including JSW Eklavya Skill Academy

Assurance and Compliance

  • Reasonable assurance obtained from Bureau Veritas (India) Pvt Ltd.
  • Compliance with SEBI circulars dated July 12, 2023, December 20, 2024, and Master Circular dated January 30, 2026
  • Multiple international certifications maintained: ISO 14001:2015, ISO 45001:2018, ISO 50001:2018, ISO 9001:2015, AS 9100:2016, SA 8000
  • ResponsibleSteel™ certification for four manufacturing sites