General Announcement::Target for CO2 emission reduction

August 19, 2021
JSWSL: SECT: MUM: SE: 2021-22
To,
	1.	National Stock Exchange of India Ltd.	2.	BSE Limited
		Exchange Plaza, 5th Floor		Corporate Relationship Department
		Plot No.C/1, G Block		First Floor, New Trading Ring
		Bandra-Kurla Complex		Rotunda Building, P J Towers
		Bandra (East), Mumbai 400 051		Dalal Street, Fort
		Tel: [phone]
			Mumbai 400 001
		Fax No.: [phone]
			Tel: [phone]
		Symbol: JSWSTEEL
			Fax No.: 91-22-22721919
		Kind Attn.: President (Listing)
			Security Code: 500228
				Kind Attn: The General Manager (CRD)
Dear Sir/Madam,
Sub: Target for CO2 emission reduction

In compliance with applicable Regulations, if any, of the Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform you that on a review of the decarbonisation pathway for JSW Steel, the Business Responsibility/Sustainability Reporting Committee of the Board of Directors of the Company, vide its resolution dated 19 August 2021 has set a target of achieving CO2 emissions of 1.95 tCO2e per tonne of steel by Fiscal 2030, which is a 23% reduction from FY20 and 42% reduction from the base year of 2005. The target set for CO2 emissions includes direct emissions (Scope 1) and energy indirect emissions (Scope 2) from its operating integrated steel plants at Vijayanagar, Dolvi and Salem and follows the Sustainable Development Scenario (SDS) pathway for Indian Steel Industry as proposed by the International Energy Agency (IEA) Iron and Steel Technology Road Map with an objective to reduce 60% of CO2 emissions by

2050.

You are requested to take the same on record.

Yours faithfully,

For JSW Steel Limited

Lancy Varghese

Company Secretary

1. Singapore Exchange Securities Trading Limited
   11 North Buona Vista Drive, #06-07, The Metropolis Tower 2, Singapore 138589
   Hotline: [phone]
   Fax: [phone]