New Delhi: Environmental think-tank iFOREST on Thursday released India’s first ESG (environmental, social, and governance) report for the steel industry, introducing a common system to track and report carbon emissions and enhance sustainability disclosures.

The report also includes a steel-specific supplement to the Securities and Exchange Board of India's (Sebi) Business Responsibility and Sustainability Reporting (BRSR), which is designed to improve disclosure quality and attract climate finance. Also Read | Can incentives, duties help India claw back its crane market?

India has already started taking steps to reduce carbon intensity of its steel sector by devising green steel taxonomy. Implementation of globally acceptable Greenhouse Gas (GHG) accounting and MRV (monitoring,

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