• India CSR Awards 2025
  • India CSR Leadership Summit
  • Guest Posts
Tuesday, October 21, 2025
India CSR
  • Home
  • Corporate Social Responsibility
    • Art & Culture
    • CSR Leaders
    • Child Rights
    • Culture
    • Education
    • Gender Equality
    • Around the World
    • Skill Development
    • Safety
    • Covid-19
    • Safe Food For All
  • Sustainability
    • Sustainability Dialogues
    • Sustainability Knowledge Series
    • Plastics
    • Sustainable Development Goals
    • ESG
    • Circular Economy
    • BRSR
  • Corporate Governance
    • Diversity & Inclusion
  • Interviews
  • SDGs
    • No Poverty
    • Zero Hunger
    • Good Health & Well-Being
    • Quality Education
    • Gender Equality
    • Clean Water & Sanitation – SDG 6
    • Affordable & Clean Energy
    • Decent Work & Economic Growth
    • Industry, Innovation & Infrastructure
    • Reduced Inequalities
    • Sustainable Cities & Communities
    • Responsible Consumption & Production
    • Climate Action
    • Life Below Water
    • Life on Land
    • Peace, Justice & Strong Institutions
    • Partnerships for the Goals
  • Articles
  • Events
  • हिंदी
  • More
    • Business
    • Finance
    • Environment
    • Economy
    • Health
    • Around the World
    • Social Sector Leaders
    • Social Entrepreneurship
    • Trending News
      • Important Days
        • Festivals
      • Great People
      • Product Review
      • International
      • Sports
      • Entertainment
    • Case Studies
    • Philanthropy
    • Biography
    • Technology
    • Lifestyle
    • Sports
    • Gaming
    • Knowledge
    • Home Improvement
    • Words Power
    • Chief Ministers
No Result
View All Result
  • Home
  • Corporate Social Responsibility
    • Art & Culture
    • CSR Leaders
    • Child Rights
    • Culture
    • Education
    • Gender Equality
    • Around the World
    • Skill Development
    • Safety
    • Covid-19
    • Safe Food For All
  • Sustainability
    • Sustainability Dialogues
    • Sustainability Knowledge Series
    • Plastics
    • Sustainable Development Goals
    • ESG
    • Circular Economy
    • BRSR
  • Corporate Governance
    • Diversity & Inclusion
  • Interviews
  • SDGs
    • No Poverty
    • Zero Hunger
    • Good Health & Well-Being
    • Quality Education
    • Gender Equality
    • Clean Water & Sanitation – SDG 6
    • Affordable & Clean Energy
    • Decent Work & Economic Growth
    • Industry, Innovation & Infrastructure
    • Reduced Inequalities
    • Sustainable Cities & Communities
    • Responsible Consumption & Production
    • Climate Action
    • Life Below Water
    • Life on Land
    • Peace, Justice & Strong Institutions
    • Partnerships for the Goals
  • Articles
  • Events
  • हिंदी
  • More
    • Business
    • Finance
    • Environment
    • Economy
    • Health
    • Around the World
    • Social Sector Leaders
    • Social Entrepreneurship
    • Trending News
      • Important Days
        • Festivals
      • Great People
      • Product Review
      • International
      • Sports
      • Entertainment
    • Case Studies
    • Philanthropy
    • Biography
    • Technology
    • Lifestyle
    • Sports
    • Gaming
    • Knowledge
    • Home Improvement
    • Words Power
    • Chief Ministers
No Result
View All Result
India CSR
No Result
View All Result
India CSR Awards
ADVERTISEMENT
Home Corporate Social Responsibility

JSW Steel’s Strategic CSR Spending of ₹235 Cr in 2023-24: A Commitment to Community Well-being

Fulfilling CSR Obligations with Strategic Planning

India CSR by India CSR
July 7, 2024
in Corporate Social Responsibility
Reading Time: 4 mins read
Sajjan Jindal

Photo: India CSR

Share Share Share Share
WhatsApp icon
WhatsApp — Join Us
Instant updates & community
Google News icon
Google News — Follow Us
Get our articles in Google News feed

JSW Steel’s remarkable increase in CSR spending over the past seven years underscores its strategic commitment to long-term community benefits.

MUMBAI (India CSR): In the fiscal year 2023-24, JSW Steel had an adjusted CSR obligation of ₹298 crore. The company met this requirement by allocating ₹235 crore directly to various CSR initiatives. These funds were strategically deployed across critical areas such as health, education, environmental conservation, and economic empowerment, ensuring a broad and meaningful impact on the communities within its operational areas.

A Steady Growth in CSR Expenditure

The financial journey of JSW Steel’s CSR investments underscores a deliberate and thoughtful approach to social responsibility. Starting from an expenditure of ₹63 crore in FY 2018-19, the company has progressively increased its CSR spending, reflecting a consistent upward trajectory. By FY 2023-24, the expenditure reached an impressive ₹235 crore, showcasing JSW Steel’s dedication to enhancing its impact on society and contributing to sustainable development.

Table 1: CSR Expenditure Growth (FY 2018-19 to FY 2023-24)

Fiscal YearCSR Expenditure (₹ Crore)
FY 2018-1963
FY 2023-24235

Broad Impact Through Diverse Initiatives

JSW Steel’s CSR efforts span multiple critical areas, each designed to foster long-term community benefits. The company’s initiatives in FY 2023-24 had a wide-reaching impact:

  • Health and Nutrition: Over 6.07 lakh individuals benefited from enhanced healthcare services and nutritional support, improving overall community health.
  • Education: Educational programs reached approximately 5.54 lakh beneficiaries, significantly boosting educational quality and access.
  • Water, Environment, and Sanitation: Around 2.49 lakh individuals benefited from initiatives focused on water conservation, environmental care, and sanitation improvements.
  • Economic Development: Through skill development and livelihood programs, JSW Steel supported 18,821 individuals in securing better economic opportunities.

Table 2: Key Beneficiary Impact Areas (FY 2023-24)

Impact AreaBeneficiaries
Health and Nutrition6.07 lakh
Education5.54 lakh
Water, Environment, and Sanitation2.49 lakh
Skills and Livelihoods18,821
Agriculture and Allied Livelihoods51,612
Art, Culture, and HeritageMughal Gardens Restoration
Waste Management1.47 lakh
Sports Promotion69,762

Additional focus areas included art, culture, heritage restoration, waste management, and sports promotion. Specific initiatives, such as the restoration of the Mughal Gardens in Kashmir and sports programs, impacted 69,762 individuals.

Strategic Financial Stewardship

Table 3: CSR Financial Stewardship (FY 2023-24)

CategoryAmount (₹ Crore)
Total CSR Obligation298
Direct CSR Expenditure235
Escrow Account Deposit63

In addition to the ₹235 crore directly spent on various CSR initiatives, JSW Steel showcased prudent financial stewardship by depositing the remaining ₹63 crore into an escrow account. This amount is earmarked for future specified projects, illustrating a structured and strategic approach to fund management and commitment to ongoing community support.

Commitment to Long-Term Community Benefits

JSW Steel’s structured increase in CSR expenditure is not just a reflection of regulatory compliance but also a testament to its strategic planning and focus on sustainable community development. By steadily enhancing its financial commitment to CSR, JSW Steel aligns its business success with social progress, ensuring that its growth positively impacts the communities it serves.

Also Read

CSR: JSW Foundation’s Comprehensive Community Development Initiatives – 2023-24

(India CSR)

CSR Leadership Summit
ADVERTISEMENT
India CSR Awards
ADVERTISEMENT
ESG Professional Network
ADVERTISEMENT
India CSR Image 1 India CSR Image 2
Tags: CSRJSW Steel

CSR, Sustainability, and ESG success stories
India CSR

India CSR

India CSR is the largest media on CSR and sustainability offering diverse content across multisectoral issues on business responsibility. It covers Sustainable Development, Corporate Social Responsibility (CSR), Sustainability, and related issues in India. Founded in 2009, the organisation aspires to become a globally admired media that offers valuable information to its readers through responsible reporting.

Related Posts

CSR: Marico and Ambuja Foundation to Create 10 Cr. liters of Water Potential in Gujarat
Corporate Social Responsibility

CSR: Marico and Ambuja Foundation to Create 10 Cr. liters of Water Potential in Gujarat

4 hours ago
Embracing ‘Social First’ Approach: Accelerating Digital Commerce
Corporate Social Responsibility

India’s CSR Spending Hits Record High, But Uneven Distribution and ‘Tick-Box’ Compliance Raise Concerns

4 hours ago
DBS Foundation
Corporate Social Responsibility

CSR: DBS Foundation and Sampark Enhance Education for 5 Lakh Children

9 hours ago
INDIA CSR NEWS ANALYSIS
Corporate Social Responsibility

Hardwyn India Spends Rs 20.94 Lakh on Corporate Social Responsibility (CSR) in FY 2025

10 hours ago
Axis Bank CSR Partners Empower India Through 40 Collaborative Programs Across 7 Themes
Corporate Social Responsibility

Axis Bank CSR Partners Empower India Through 40 Collaborative Programs Across 7 Themes

22 hours ago
J&K Bank Donates Critical Care Ambulance to SKIMS Under CSR Initiative
Corporate Social Responsibility

J&K Bank Donates Critical Care Ambulance to SKIMS Under CSR Initiative

2 days ago
Load More
16th CSR Leadership Summit 2025
ADVERTISEMENT
India CSR Awards
ADVERTISEMENT

LATEST NEWS

CSR: Marico and Ambuja Foundation to Create 10 Cr. liters of Water Potential in Gujarat

India’s CSR Spending Hits Record High, But Uneven Distribution and ‘Tick-Box’ Compliance Raise Concerns

GST: Traders of Sand, Bricks Exempt from Reverse Charge Mechanism on Purchases from Unregistered Suppliers

Factory Electrical Works Not Eligible for Input Tax Credit, Rules Tamil Nadu Advance Authority

Trump Administration Agrees to Speed up Student Loan Forgiveness under New Court Deal

Tamil Nadu GST Panel Slaps 12% Tax on Fly Ash Bricks, No Discounts for Eco-Friendly Content

Ad 1 Ad 2 Ad 3
ADVERTISEMENT
ESG Professional Network
ADVERTISEMENT

TOP NEWS

K Raheja Corp Promotes Inclusion with Braille Card Making Initiative

सीएसआर (CSR): उत्तराखंड में ग्रामीण स्वास्थ्य सुधार में हिन्दुस्तान जिंक की पहल

Happy Dhanteras 2025: Top 70 Wishes, Messages, and Quotes for Your Loved Ones

Hardwyn India Spends Rs 20.94 Lakh on Corporate Social Responsibility (CSR) in FY 2025

CSR: Cosmo Foundation Plants 15,000 Trees at BSF Campus

Happy Dhanteras 2025: A Guide to Date, Time, Puja Vidhi, Shubh Muhurat, Mantra, and Gold and Silver Shopping

Load More
STEM Learning STEM Learning STEM Learning
ADVERTISEMENT

Interviews

Smita Jatia Chairperson RMHC-India. Image: India CSR
Interviews

Smita Jatia Interview: Inside Ronald McDonald House India’s Compassionate CSR

by India CSR
October 14, 2025

How Ronald McDonald House India Is Transforming CSR from Cheque-Writing to Lasting Compassionate Impact.

Read moreDetails
Ankit Mathur, Co-founder and CEO of Greenway Grameen Infra

Empowering Rural Women in India: An Exclusive Interview with Ankit Mathur, Co-founder and CEO of Greenway Grameen Infra

September 22, 2025
Ashish Aggarwal, Chief Administrative Officer and Head of Corporate Responsibility at Cummins India

Driving CSR Impact in India: An Interview with Ashish Aggarwal, Head of Corporate Responsibility, Cummins India

September 18, 2025
Rajani Jalan, Director, CSR & People Relations, mPokket

Driving Impactful CSR at mPokket: An Interview with Rajani Jalan, Director, CSR & People Relations, mPokket

September 16, 2025
Load More
Facebook Twitter Youtube LinkedIn Instagram
India CSR Logo

India CSR is the largest tech-led platform for information on CSR and sustainability in India offering diverse content across multisectoral issues. It covers Sustainable Development, Corporate Social Responsibility (CSR), Sustainability, and related issues in India. Founded in 2009, the organisation aspires to become a globally admired media that offers valuable information to its readers through responsible reporting. To enjoy the premium services, we invite you to partner with us.

Follow us on social media:


Dear Valued Reader

India CSR is a free media platform that provides up-to-date information on CSR, Sustainability, ESG, and SDGs. We need reader support to continue delivering honest news. Donations of any amount are appreciated.

Help save India CSR.

Donate Now

Donate at India CSR

  • About India CSR
  • Team
  • India CSR Awards 2025
  • India CSR Leadership Summit
  • Partnership
  • Guest Posts
  • Services
  • ESG Professional Network
  • Content Writing Services
  • Business Information
  • Contact
  • Privacy Policy
  • Terms of Use
  • Donate

Copyright © 2025 - India CSR | All Rights Reserved

No Result
View All Result
  • Home
  • Corporate Social Responsibility
    • Art & Culture
    • CSR Leaders
    • Child Rights
    • Culture
    • Education
    • Gender Equality
    • Around the World
    • Skill Development
    • Safety
    • Covid-19
    • Safe Food For All
  • Sustainability
    • Sustainability Dialogues
    • Sustainability Knowledge Series
    • Plastics
    • Sustainable Development Goals
    • ESG
    • Circular Economy
    • BRSR
  • Corporate Governance
    • Diversity & Inclusion
  • Interviews
  • SDGs
    • No Poverty
    • Zero Hunger
    • Good Health & Well-Being
    • Quality Education
    • Gender Equality
    • Clean Water & Sanitation – SDG 6
    • Affordable & Clean Energy
    • Decent Work & Economic Growth
    • Industry, Innovation & Infrastructure
    • Reduced Inequalities
    • Sustainable Cities & Communities
    • Responsible Consumption & Production
    • Climate Action
    • Life Below Water
    • Life on Land
    • Peace, Justice & Strong Institutions
    • Partnerships for the Goals
  • Articles
  • Events
  • हिंदी
  • More
    • Business
    • Finance
    • Environment
    • Economy
    • Health
    • Around the World
    • Social Sector Leaders
    • Social Entrepreneurship
    • Trending News
      • Important Days
      • Great People
      • Product Review
      • International
      • Sports
      • Entertainment
    • Case Studies
    • Philanthropy
    • Biography
    • Technology
    • Lifestyle
    • Sports
    • Gaming
    • Knowledge
    • Home Improvement
    • Words Power
    • Chief Ministers

Copyright © 2025 - India CSR | All Rights Reserved

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.