Renewables Push the Steel Curve

Q1. Could you start by giving us a brief overview of your professional background, particularly focusing on your expertise in the industry?

I am a techno-commercial professional with around 14 years of experience in the Aluminum, Power, port, and logistics sectors, specializing in the procurement-to-pay process for spares, Contracts, MRO, raw materials, and capital expenditures. Also have experience in the operation and maintenance of Thermal Power Plants with Capacities of 2400 MW (4 x 600 MW) & 900 MW (6 x 150 MW). Knowing supply chain management, which encompasses the planning & management of all activities involved in sourcing, procurement, conversion, and inventory management.

Q2. How is ESG compliance influencing supplier selection, particularly for raw materials or high-emission commodities?

ESG compliance has a significant impact on supplier selection, particularly for raw materials and goods with high emissions. This is driven by pressure from investors and regulators to reduce a company's environmental footprint, primarily its Scope 3 emissions, which largely originate from the supply chain.
Key ESG factors in supplier selection-
Environmental: Businesses assess a supplier's carbon footprint, energy usage, and waste management practices. For high-emission commodities, this means prioritizing suppliers who utilize renewable energy and efficient production methods to minimize…