JSW Steel Ltd

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Direct Lobbying Transparency

Overall Assessment	Comment	Score
Comprehensive	JSW Steel Ltd has demonstrated a comprehensive level of transparency in disclosing its climate lobbying activities. The company has clearly identified specific climate-related policies and regulations it has engaged with, such as "Mandatory carbon reporting," "Energy efficiency measures to be given credit for trading as commodity," "Benchmarking GHG performance of all steel plants," and the "Perform-Achieve-and-Trade (PAT) scheme" under the Bureau of Energy Efficiency, Ministry of Power. Additionally, it has disclosed its engagement with "Carbon tax- CBAM Implementation & repercussions of CBAM on Indian Steel Producers," "Circular Economy- Scrap Policy, Usage of Plastic in Steel making," and "India NDCs leading to achievement of India's targets on Paris accord on Climate Change." The company has also been transparent about its lobbying mechanisms, including discussions with the Ministry of Environment, Forests & Climate Change on NAMAs for UNFCCC, carbon footprint analysis with the Central Pollution Control Board and Union Ministry of Steel, and advocacy with EU policymakers for CBAM. It has further disclosed its structured process of interaction with policymakers and trade associations, overseen by the Board and Sustainability Committee, and its engagement with organizations like WBCSD, WSA, ISA, CII, FICCI, and ASSOCHAM. JSW Steel has also been explicit about the outcomes it seeks, such as "Energy efficiency measures to be given credit for trading as commodity," "Benchmarking GHG performance of all steel plants," "defining the target for Indian steel making," and alignment with "India NDCs leading to achievement of India's targets on Paris accord on Climate Change." These disclosures provide clarity on the company's policy goals, mechanisms, and alignment with broader climate objectives, ensuring a high level of transparency in its climate lobbying efforts.	4

Lobbying Governance

Overall Assessment	Comment	Score
Strong	JSW Steel demonstrates strong governance in its climate lobbying processes, as evidenced by its establishment of a "structured process of interaction with policymakers, trade associations, and other relevant stakeholders," which is overseen by the Board and the Sustainability Committee. These entities provide "stewardship over political lobbying activities," ensuring alignment with the company's strategic priorities and applicable policies, including the "Policy on Influencing Public and Regulatory Policy, Policy on Business Conduct, and Climate Change Policy." Furthermore, JSW Steel explicitly states that it is "committed to conducting all our direct and indirect policy lobbying and advocacy work in line with the Paris agreement," showcasing its dedication to aligning lobbying efforts with climate goals. The company also mentions that it "carefully evaluates any misalignment between changed policy positions of trade associations and our own climate position" and reserves the right to act independently and transparently communicate its stance to stakeholders. Additionally, JSW Steel has a "systematic process to regularly review our involvement in industry and trade organizations," ensuring that its participation aligns with its strategy and the Paris Agreement. These measures indicate strong governance with clear oversight and monitoring mechanisms for climate lobbying alignment.	3