AM/NS India accelerates circularity and low-carbon emissions steel making

By Subrat Sarangi

Mumbai/ Delhi,Nov. 10: 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).

Mr. 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 emissionssteel, 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.”

•  Low-carbon emissions steel making progress: CO2 emissions intensity has been reduced by 2.2% from 2021 baseline. Since 2015, AM/NS India 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 flagship plant in Hazira, Gujarat, started receiving clean energy from about a1-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 has been harvested.

•  Circularity:Nearly 4.1 lakh tonnes of steel scrap has 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.