Tag: SteelZero

SteelZero launches in India with support from leading Indian businesses

Stuart Mitchell

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…

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SKF pledges to using 100% net zero steel

Stuart Mitchell

SKF has joined SteelZero and becomes a ResponsibleSteel member, making a strong commitment to drive decarbonization of the steel industry. By joining SteelZero, SKF commits to using 100% net zero steel by 2050 and joins ten other businesses that have already made this pledge, including Lendlease, Mace Group and Ørsted. SteelZero is led by the Climate Group and in partnership with ResponsibleSteel, which SKF also became a member of today. In doing so SKF has joined the steel industry’s only global multi-stakeholder standard and certification initiative with a mission to…

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Ørsted joins the SteelZero initiative to support transition to low-carbon steel

Stuart Mitchell

SteelZero, a global initiative to drive market demand for net-zero emissions steel, has been launched with support from major steel-using organisations, including Ørsted. The steel industry contributes about 7 % of global carbon emissions, making it one of the largest contributors to climate change. Zero-emissions steel is critical to meeting global climate goals and decarbonising the steel sector and value chain. On track to be carbon-neutral in 2025, Ørsted targets a net-zero carbon footprint and carbon-neutral supply chain in 2040. Steel accounts for about half of the emissions in Ørsted’s…

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New SteelZero initiative receives backing from major businesses, ramping up demand for clean steelmaking

Stuart Mitchell

SteelZero, a global initiative aimed at driving market demand for net zero steel has launched today with support from eight major steel buyers and specifiers from across sectors including construction and renewable energy. This marks the beginning of a significant global business push for clean steel, with the first companies to have signed up to SteelZero entailing:  BHC Ltd – leading UK structural steel fabrication and construction company. Bourne Group Ltd – leading UK constructional steelwork company. Grosvenor Britain & Ireland – international property investor and developer. Lendlease – multinational…

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