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Announcement
Steel company review w.r.t BRSR & GRI

Student name: Mr Satvik Chaturvedi
Guide: Dr Shruti Sharma Rana
Year of completion: 2024

Abstract:

This internship report presents a comprehensive benchmarking study conducted to evaluate the Environmental, Social, and Governance (ESG) practices and performance of Steel Company. The study aimed to assess the company's commitment to sustainable practices and its alignment with global ESG standards in a challenging industry landscape.

The methodology involved an in depth analysis of the company's operational data, sustainability reports, and industry specific ESG benchmarks. Quantitative and qualitative metrics were employed to evaluate environmental impact, community engagement, corporate governance, and regulatory compliance. This analysis was complemented by comparative studies against industry peers and best practices.

The findings revealed both commendable achievements and areas necessitating improvement within the company's ESG framework. Strong adherence to environmental standards in waste management and emissions reduction was evident, showcasing a commitment to reducing the company's ecological footprint. However, challenges were identified in social responsibility.

The implications of this benchmarking study highlight the critical need for holistic ESG integration in the company's strategies to not only mitigate risks but also seize opportunities for long term value creation. It underscores the importance of transparent communication, innovative solutions, and stronger governance to bridge existing gaps.

This report concludes with recommendations aimed at enhancing the company's ESG performance, emphasizing the need for proactive measures to foster a more sustainable, responsible, and resilient future in the Steel industry.

This abstract provides a succinct overview of the report's objectives, methodology, key findings, and recommendations, offering a glimpse into the depth and implications of the benchmarking study conducted during the internship.

17th Convocation: 5th March 2025
34 days to go