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Firm takes another step towards decarbonisation goals

July 18, 2023

by nfdeklerk 0 comment

Firm takes another step towards decarbonisation goals

Despite volatile markets and a difficult geopolitical environment, metals supplier Swiss Steel Group is not wavering in its decarbonisation strategy and is working consistently on tracking carbon dioxide (CO2) emissions from its supply chain.

The company, which produces in the long steel and green steel segments, seeks to become the first European steel producer and the world’s first secondary route producer to join the Carbon Disclosure Project (CDP) supply chain programme.

The CDP programme is a global initiative that helps companies measure and reduce CO2 emissions from their supply chain.

It helps companies understand and improve the environmental performance of their suppliers and enables them to accurately track their CO2 emissions in the supply chain.

As part of this initiative, the Swiss Steel Group has approached its 150 most important suppliers of raw materials and consumables with the aim of obtaining and better understanding their specific carbon footprint.

This enables the Swiss Steel Group to include the environmental performance of its suppliers in the purchasing decision process. In addition, requesting primary emission data directly from the supplier enables a more accurate calculation of the product carbon footprint (PCF) than with secondary emission factors based on averages.

In the future, the Swiss Steel Group will be able to provide its customers with a more accurate PCF that better reflects the carbon footprint of their specific products.

Swiss Steel Group attaches great importance to sustainability and environmental protection throughout the supply chain and is determined to make its contribution to a holistic cradle-to-gate approach to CO2 emissions, the company says in a release.

“We are proud to be a pioneer in this important area and to further expand our role as a thought leader in the green steel segment. We hope for the cooperation of our suppliers and that other companies will follow us,” CEO Frank Koch comments.