Sector Playbook

Steel, Cement & Heavy Industry

India is the world's 2nd-largest producer of both steel and cement, with sectors heavily dependent on coal. We help heavy industry navigate process emissions, PAT compliance, and the Carbon Credit Trading Scheme.

#2Global Producer (Steel & Cement)
~9%Of India's Total CO2 Emissions
300 MTSteel Capacity Target by 2030
FirstCCTS Compliance Sectors

Key BRSR Materiality Issues

The most material ESG issues for steel, cement and heavy industry companies under India's BRSR framework and global disclosure standards.

Process Emissions

Calcination in cement and reduction in steelmaking create unavoidable CO2 that cannot be eliminated by fuel-switching alone.

  • Calcination emissions (cement)
  • Blast furnace reduction (steel)
  • Scope 1 intensity benchmarking
  • CCUS readiness assessment

Coal Dependency

Indian heavy industry relies on domestic coal for 70%+ of thermal energy, creating stranded asset risk and transition exposure.

  • Fuel mix optimisation
  • Alternative fuel strategy (RDF, biomass)
  • Waste heat recovery systems
  • Green hydrogen pathway assessment
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Water Stewardship

Cooling, dust suppression, and process water in water-stressed regions create significant operational and reputational risk.

  • Water intensity per tonne
  • Zero liquid discharge (ZLD)
  • Rainwater harvesting capacity
  • Community water conflict mapping
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Particulate Matter & Air Quality

PM10, PM2.5, SOx and NOx emissions from kilns, furnaces and material handling impact surrounding communities.

  • Stack emission monitoring (CEMS)
  • Fugitive dust management
  • CPCB/SPCB compliance
  • Ambient air quality reporting
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Biodiversity & Land Use

Mining operations, limestone quarries, and plant footprints impact local ecosystems and require progressive rehabilitation.

  • Mine closure & reclamation plans
  • Biodiversity impact assessment
  • No-go zone compliance
  • Compensatory afforestation
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Worker Health & Safety

High-temperature operations, heavy machinery and dust exposure demand robust occupational health systems.

  • LTIFR & fatality tracking
  • Heat stress management
  • Silicosis prevention programmes
  • Contractor safety governance

Circular Economy

Fly ash utilisation, slag recycling, and waste co-processing are both environmental imperatives and cost reduction levers.

  • Fly ash utilisation rate
  • Slag & waste co-processing
  • Industrial symbiosis mapping
  • Extended producer responsibility
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Energy Transition

Shifting from coal to renewables, green hydrogen, and electrification of ancillary operations to reduce Scope 2 emissions.

  • Renewable energy procurement
  • Captive solar/wind capacity
  • Electric vehicle fleet transition
  • Energy management systems (ISO 50001)

Sector Challenges

Structural headwinds that make ESG transformation in heavy industry uniquely complex in the Indian context.

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Hard-to-Abate Process Emissions

Unlike power generation, cement calcination and steel reduction produce CO2 as a chemical byproduct. No commercially viable alternative exists at scale today, making CCUS the only long-term solution for 60% of cement emissions.

60% of cement CO2 is from calcination
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Coal Lock-In & Transition Cost

India's steel sector is 55% blast furnace-based (vs. global trend toward EAF). Retrofitting or replacing coal-dependent infrastructure requires massive capital expenditure estimated at $100B+ across the industry through 2050.

55% BF-BOF route, highly coal-dependent
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Growth vs. Decarbonisation Tension

National Steel Policy targets 300 MT capacity by 2030 (from ~160 MT today). Cement demand is projected to grow 5-6% annually. Absolute emissions will rise even as intensity improves, creating a reporting and target-setting dilemma.

Capacity nearly doubling while reducing intensity

Key Metrics & KPIs

The critical metrics that investors, regulators, and BRSR assessors evaluate for steel, cement and heavy industry companies.

CO2 per Tonne of Clinker

Primary carbon intensity metric for cement. Includes both process (calcination) and fuel combustion emissions per tonne of clinker produced.

Benchmark: 550-650 kg CO2/t clinker

CO2 per Tonne of Crude Steel

Carbon intensity metric for steelmaking. Varies significantly between BF-BOF (2.0+ t) and EAF (0.4-0.6 t) routes.

Benchmark: BF-BOF 1.8-2.2 t, EAF 0.4-0.6 t

Specific Energy Consumption (SEC)

Energy consumed per tonne of product. Key metric for PAT scheme compliance and energy efficiency benchmarking.

Benchmark: Cement 65-75 kCal/kg, Steel 5.5-6.5 Gcal/t
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Water Consumption per Tonne

Total freshwater withdrawal per tonne of product. Includes cooling, process, and dust suppression water.

Benchmark: Cement 0.2-0.3 m³/t, Steel 3-5 m³/t
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PM Emissions (mg/Nm³)

Particulate matter concentration in stack emissions. CPCB norms set strict limits; continuous monitoring (CEMS) is increasingly required.

Benchmark: <30 mg/Nm³ (CPCB norm)

Fly Ash / Slag Utilisation Rate

Percentage of industrial by-products (fly ash, blast furnace slag) diverted from landfill to productive use.

Benchmark: >95% utilisation target
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Lost Time Injury Frequency Rate

Number of lost-time injuries per million hours worked. Critical OHS metric given high-risk operational environment.

Benchmark: <0.5 LTIFR (global best practice)
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Renewable Energy Share (%)

Proportion of total energy from renewable sources including captive solar, wind, and green power procurement.

Benchmark: 20-30% RE share by 2030

India Regulatory Context

The regulatory framework shaping ESG obligations for India's heavy industry sector is rapidly evolving with compliance deadlines approaching.

PAT Scheme (Perform, Achieve & Trade)

BEE's flagship energy efficiency programme sets mandatory intensity reduction targets for designated consumers in cement, steel, and aluminium. PAT Cycle VII is underway with increasingly stringent targets. Non-compliance requires purchasing Energy Saving Certificates (ESCerts).

Carbon Credit Trading Scheme (CCTS)

India's emerging compliance carbon market under the Energy Conservation Act. Steel and cement are the first compliance sectors. Companies must monitor, report and verify emissions with potential cap-and-trade obligations starting 2025-26.

National Steel Policy 2017

Targets 300 MT crude steel capacity by 2030-31 with emphasis on quality, efficiency and sustainability. Mandates adoption of best available technologies and sets aspirational energy intensity benchmarks aligned with global standards.

CPCB Emission Standards

Revised emission norms for cement and steel plants mandate continuous emission monitoring systems (CEMS) with real-time data transmission to SPCB portals. Stricter PM, SOx, and NOx limits apply to new and existing units.

BRSR & BRSR Core

SEBI's mandatory disclosure framework requires detailed reporting on GHG emissions, energy, water, and waste for top 1,000 listed companies. BRSR Core adds reasonable assurance requirements that directly impact heavy industry KPIs.

EU CBAM Exposure

EU Carbon Border Adjustment Mechanism applies to steel, cement, aluminium exports. Indian exporters must report embedded emissions from 2023 and face financial adjustments from 2026, creating cost competitiveness pressure.

Our Approach

A structured methodology designed specifically for the complexity of heavy industry ESG transformation.

01

Materiality & Baseline

Map your sector-specific materiality matrix, establish emission baselines (Scope 1, 2, 3), and benchmark against Indian and global peers using PAT and BRSR data.

02

Regulatory Gap Analysis

Assess compliance status across PAT, CCTS, CPCB norms, BRSR, and EU CBAM. Identify gaps, quantify risk exposure, and prioritise remediation actions.

03

Decarbonisation Roadmap

Develop a phased transition plan covering fuel switching, alternative raw materials, energy efficiency, and technology adoption aligned to India's 2070 net-zero pathway.

04

BRSR Reporting

Structure disclosures across all nine BRSR principles with sector-appropriate metrics, management commentary, and assurance-ready data systems.

05

Carbon Market Strategy

Prepare for CCTS compliance, evaluate voluntary carbon credit opportunities, and structure CBAM reporting for EU-bound exports.

06

Continuous Improvement

Quarterly performance tracking, annual target recalibration, and investor-ready ESG communication to demonstrate measurable progress year over year.

Navigate Heavy Industry Decarbonisation

Schedule a sector consultation to assess your PAT compliance, CCTS readiness, and BRSR reporting maturity for steel, cement, or heavy industry operations.

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