SteelZero calls for greater transparency and alignment around emissions reporting in new position paper The global steel industry urgently needs clear and consistent emissions reporting standards to build trust and accelerate genuine decarbonisation. In a new position paper, Climate Group’s SteelZero campaign highlights the risks posed by inconsistent use of mass balance accounting — an approach increasingly used to attribute lower emission steel across a company’s total output. When applied transparently, mass balance accounting can support companies to track progress and expand the use of cleaner materials. But when used…
Read MoreTag: SteelZero
New report: The role of scrap in steel decarbonisation
A new briefing paper jointly authored by Climate Group’s SteelZero initiative, the Institution of Structural Engineers (IStructE), and the British Constructional Steelwork Association (BCSA) explores the limits and opportunities of scrap in global steel decarbonisation. Launched at a packed event at the Institution of Structural Engineers, the report was presented by Sameen Khan, Senior Manager for SteelZero, alongside co-authors Will Arnold (IStructE) and Michael Sansom (BCSA). It draws on a broad literature review and offers clear, practical recommendations for policymakers, designers, contractors, and clients in the construction sector. Maximising scrap…
Read MoreSteelZero joins civil society to call on EU to set clear path to green steel
A new report out now, “The state of the European steel transition” highlights the crossroads at which the EU finds itself: It can double down on outdated coal-based steelmaking, or drive a shift to green steel to secure industrial competitiveness. This research provides eight key policy recommendations designed to clean up Europe’s steel sector, which accounts for five percent of the EU’s total carbon emissions, including: EU Member States need to commit to not permitting or financing any new BF-BOF and end public investments to reline existing ones. A framework…
Read MoreTurning the Tide: Ship Recycling as a Source of Green Steel in India
Given India’s commitment to achieve net-zero emissions by 2070, reducing the carbon footprint of the steel industry is both essential and urgent considering the anticipated increase in demand over the coming decades. Under the National Steel Policy (2017), the Indian government aims to raise steel production capacity to 300 million tonnes by 2030, from the current capacity of around 160 million tonnes, necessitating innovative and sustainable approaches to mitigate associated emissions. This report by Climate Group presents an analysis of how India’s ship recycling sector can facilitate and expedite steel…
Read MoreSteelZero launches in India with support from leading Indian businesses
The international non-profit Climate Group, in partnership with ResponsibleSteel, is launching SteelZero in India, a global initiative that brings together leading organisations to speed up the transition to a net zero steel industry. India is the second-largest producer of steel after China. Emissions from India’s steel industry are projected to triple over the next three decades (source: IEA). The country’s push to meet its net zero targets will rely heavily on the decarbonisation of its steel sector. SteelZero brings together businesses across the steel industry to make a public commitment…
Read More