Business

JSW Group has announced money reward for its workers for buying electrical vehiclesNew Delhi: JSW Group on Monday stated that it will quit to Rs 3 lakh as reward to its workers for buying electrical lorries throughout India from January 1, 2022.

Lined up with India's Nationally Determined Contributions (NDCs) and Sustainable Development Scenarios (SDS) of The International Energy Firm (IEA), Mumbai-based multi-billion-dollar corporation The JSW Group has revealed their newest Green initiative JSW Electric Car (EV) Policy for its workers across India, the company said in a statement.The company declared that it is a first of its kind of an effort by any significant Indian business entity.The brand-new EV policy will help with up to Rs 3 lakh reward for employees to purchase electrical lorries - four and two-wheelers.

The policy aims to promote the adoption of electric automobiles throughout the group, it said.Apart from monetary rewards, free-of-cost dedicated charging stations and green zones (parking slots) for electric automobiles will be supplied at all JSW offices and plant locations for staff members, it informed.Sajjan Jindal, Chairman, JSW Group, said, Considering that the Prime Minister announced at Glasgow COP26 conference that India makes every effort to reach net-zero carbon emissions by 2070, JSW Group's brand-new EV Policy is an unique effort leading to increased adoption of EVs in India and allowing access to green mobility.

JSW Steel Limited has actually embraced a specific environment change policy and set an ambitious CO2 emission reduction target of 42 per cent over the base year of 2005 by 2030.

The $13 billion JSW Group is ranked amongst India's leading company houses.

JSW has existence in numerous sectors like energy, infrastructure, cement, paints, equity capital and sports.





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