JSW met with representatives of the capital market
Jastrzębska Spółka Węglowa, the EU’s largest coking coal producer, attended the 24th Capital Market Conference in Bukowina Tatrzańska, Poland. Every year, this event attracts numerous finance and business professionals. For JSW, the conference served as an excellent opportunity to communicate its achievements in the contexts of sustainability and climate transition.
The Capital Market Conference is held by the Chamber of Brokerage Houses. The participants included representatives of the management boards of leading financial institutions, listed companies, government administration, consulting firms, legal advisors, auditors and investors.
Representatives of Jastrzębska Spółka Węglowa took this opportunity to present the Company’s endeavors in the area of climate transition, closely related to JSW’s environmental strategy, and the relevance of the mining industry operating inside the European Union and thus capable of ensuring commodity self-sufficiency for the whole alliance. JSW SA is part of this industry. The innovative financing obtained by the Company under the Sustainability-Linked Loan (SLL) formula, boosting the Company’s growth without compromising its strive for the achievement of the ambitious goals of climate transition, was met with substantial interest from the conference participants.
- This demonstrates that the JSW Group, with its ambitious transition goals of reducing carbon footprint and methane emissions, to name but a couple, is well perceived by the financial market - explains Aleksander Korsak, Director of the Stock Exchange Relations Office at JSW SA, and adds: - We are aware of the growing significance of environmental, social and governance (ESG) aspects for investors and rating agencies. Emission levels, carbon footprint and pollution volumes are key indicators for evaluating our operations. In our case, climate neutrality is crucial, especially from the perspective of the positioning of our product, that is coking coal, in the value chain of steel products, much needed to secure the successful pursuit of the green transition.
In today's world, critical raw materials play a key role. For this reason, their availability is of utmost significance for many sectors of the economy. The coking coal mined by Jastrzębska Spółka Węglowa is a major contributor to the robustness of the steel industry. It directly supports to the growth of the economy and the development of modern technologies related to the harnessing of renewable energy.
