iFOREST launched India's first ESG performance report for the steel sector alongside a unified Greenhouse Gas Accounting & Measurement, Reporting, & Verification framework. The environment think tank also released a Business Responsibility & Sustainability Reporting supplement specific to steel. These initiatives aim to strengthen credible emissions disclosure & enhance reporting quality to attract climate finance. India's steel industry contributes approximately 12% of national CO₂ emissions & requires ₹9 lakh crore ($107 billion) for greening initiatives. Production is projected to expand from 140 million metric tons in 2023 to 500 million metric tons by 2050.