Climate Change Data

VISA Steel Limited

Climate Impact & Sustainability Data (2007-08)

Reporting Period: 2007-08

Environmental Metrics

ESG Focus Areas

  • Environmental
  • Social
  • Governance

Environmental Achievements

  • 50 MW Waste Heat Power Plant commissioned to reduce dependence on grid power and minimize carbon impact.
  • Installation of Electro Static Precipitators (ESPs) to filter emissions and minimize environmental impact.
  • Water harvesting initiatives launched to protect groundwater levels.
  • 43,000 trees planted in and around the plant.

Social Achievements

  • Established two premier education institutions in Kolkata.
  • Introduced scholarship opportunities for students.
  • Set up medical check-up camps in backward areas.
  • Contributed to the construction of a blood bank.
  • Installed bore-wells for clean drinking water.
  • Provided employment according to government policy.
  • Constructed the boundary wall of a local school.
  • Contributed towards renovation of various temples.
  • Actively promotes contemporary Indian art through exhibitions and painting competitions.
  • Sponsors and organizes an annual ladies golf tournament.

Governance Achievements

  • Improved internal control systems.
  • Expanded the scope of internal audit.
  • Received the ‘Best Implementation Award’ from SAP India.
  • Adherence to Clause 49 of the Listing Agreement.

Climate Goals & Targets

Environmental Challenges

  • Political disturbances and contractor resource crunch delayed commissioning of key facilities.
  • Technical difficulties in Blast Furnace (water quality, power trippages) and Coke Oven (pusher car equipment).
  • Shortage of skilled manpower and contractor workforce.
Mitigation Strategies
  • Steady commissioning of facilities despite challenges.
  • Installed a new pusher car with plate system in Coke Oven (reached 90% capacity utilisation).
  • Shut down Blast Furnace for refractory relining (restart in Q2 2008-09).
  • Superior management of IPO proceeds for financing and upkeep of facilities.
  • Strategic efforts to attract and retain professional talent.

Supply Chain Management

Climate-Related Risks & Opportunities

Awards & Recognition

  • Best Implementation Award from SAP India