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Tata Steel backs new global framework for decarbonising heavy industries

06 Mar 2021 Evaluate

Tata Steel has joined a network of heavy industries and civil society groups that will provide a global framework for decarbonising heavy industries as part of the COVID-19 economic recovery plan. Established by the international non-profit, the Climate Group and campaign organisation Mighty Earth, the Global Framework Principles for the Decarbonisation of Heavy Industry has been developed in close coordination with industry experts.

This multi-stakeholder platform calls out the urgent need to accelerate and scale-up the decarbonisation of heavy industry to align with the goals of the Paris Agreement. The framework has set out six core principles, each of which represent an essential lever that policy makers can use to ensure the successful decarbonisation of steel, cement, chemicals and other heavy industries.

Tata Steel, the flagship company of the Tata group is the first integrated steel plant in Asia and is now the world’s second most geographically diversified steel producer and a Fortune 500 company.

Tata Steel Share Price

210.00 -0.95 (-0.45%)
24-Apr-2026 16:59 View Price Chart
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Company Name CMP
Tata Steel 210.00
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