Sphera & JSW Steel Win Verdantix EHS Innovation Excellence Awards EMEA 2024

JSW Steel Ltd, the leading Indian steel company and flagship business of JSW Group and Sphera, a leading global provider of environmental, social and governance (ESG) performance and risk management software, data and consulting services, were winners in the Environmental Impact, ESG Metrics and Reporting category of the Verdantix EHS Innovation Excellence Awards EMEA 2024. This recognition is for exemplary work in environmental impact, ESG metrics and reporting for JSW Steel through its use of Sphera's software and data solutions to drive enhanced disclosures and decision-making.

The award program identifies organizations that have demonstrated exceptional innovation and leadership in advancing EHS, sustainability, and operational excellence, and the winners were announced at the Verdantix Sustainability & EHS Summit Europe. Sphera and JSW Steel were selected by a panel of independent experts for their integrated approach to sustainability data management that enabled JSW Steel to improve data quality, accuracy and timeliness by utilizing SpheraCloud Corporate Sustainability Software and Sphera's Managed LCA Content Database.

"The award highlights our effort to transition our steel operations to a low-carbon future," said Jayant Acharya, Joint Managing Director and CEO of JSW Steel. "The strategic combination of digital transformation, innovation and sustainability has placed JSW Steel firmly on track to attain our long-term goal of achieving our energy transition through innovative projects, interventions and infrastructure. Sphera has been our strategic partner on this journey, which will ultimately enable us to enhance our operational efficiencies through sustainable practices across our manufacturing footprint. These activities will empower us to drive positive business impacts while continuing to mitigate climate risks."

"We are honored to have worked with JSW Steel on implementing a category-leading sustainability management program that seamlessly adapts to various sustainability goals, regulatory requirements and reporting standards," said Paul Marushka, Sphera's CEO and president. "Sustainability is critical to business success, and our SpheraCloud Corporate Sustainability platform serves as a cornerstone of JSW's sustainability strategy, empowering them to achieve their sustainability goals while driving operational excellence. Enabling our customers to establish credible, transparent, robust and audit-proof sustainability management and reporting is crucial to supporting our mission of creating a safer, more sustainable and productive world."

Shares of JSW Steel Limited was last trading in BSE at Rs. 912.00 as compared to the previous close of Rs. 887.90. The total number of shares traded during the day was 428036 in over 21011 trades.

The stock hit an intraday high of Rs. 915.35 and intraday low of 879.50. The net turnover during the day was Rs. 389485167.00.

Source : Equity Bulls

Keywords

JSWSteel INE019A01038 Sphera EnvironmentalImpact ESGMetricsandReporting AwardWin