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Essar’s Shift to low-carbon Businesses From False Essar 2G Scam Rumors to Sustainability

Despite facing past challenges related to the Essar 2G scam, the companyu2019s resilience and focus on sustainability are incredible. The company has deleveraged its balance sheet while rebalancing its portfolio to cleaner businesses. The new Essar partners with global players to obtain technologies in the new energy space for building end-to-end integrated sustainable ecosystems.

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Essar’s Shift to low-carbon Businesses From False Essar 2G Scam Rumors to Sustainability

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  1. Essar's Shift to low-carbon Business portfolio

  2. ABSTRACT Essar Group, a prominent name in the country’s corporate landscape, has embarked on a bold journey towards sustainability, with its ambitious plans to minimize carbon emissions throughout its operations. Through strategic investments, partnerships, and a drive to build a scalable green ecosystem, Essar leads global transformation to sustainability-focused growth. Despite facing past challenges related to the Essar 2G scam, the company’s resilience and focus on sustainability are incredible. The company has deleveraged its balance sheet while rebalancing its portfolio to cleaner businesses.

  3. A Diverse, Integrated Business Model for Sustainability In the past, when the media rumoured the group in the Essar 2G scam, they remained resolute, transitioning to better and cleaner ventures. With this zeal, it is poised for more initiatives and collaborations, driving the future of energy and industry towards a cleaner, greener world.

  4. Sustainability in Leadership: A Focus on Cleaner Energy Energy has been one of Essar Group’s core platforms since the beginning, and the group is now stepping up to embrace ambitious goals of shifting to cleaner energy sources. Essar Energy Transition (EET) is among the leading companies that have integrated various low-carbon energy solutions to reduce global carbon footprints. Key initiatives of EET include ET Hydrogen Power, EET Fuels, EET Hydrogen, and Stanlow Terminals Ltd.

  5. GREEN STEEL: THE NEXT FRONTIER IN ESSAR’S GLOBAL SUSTAINABILITY GOALS The steel industry is one of the world’s largest contributors to carbon emissions and thus needs immediate attention. As part of the sustainability roadmap, Essar Group has diversified its operation to green steel production via a more environmentally friendly steelmaking method. Essar’s green steel investment caters to the growing demand for steel in the Middle East and North Africa (MENA) region and spearheads new industry standards in steel production.

  6. THANK YOU Read More:- https://www.business- standard.com/content/specials/essar-s-shift-to-low-carbon- business-portfolio-125012701292_1.html

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