Tag: ESG

Green Steel World Editorial Team

How AI supports ESG reporting in the steel industry

AI tools are becoming valuable partners in the steel industry, taking on repetitive, time-consuming tasks and helping to structure and analyze the growing volume of sustainability data. With AI support, sustainability teams can respond faster, track trends, spot gaps while building trust with stakeholders and focusing their efforts on meaningful, high-impact work.

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“Negative carbon is the currency of the future”
Green Steel World Editorial Team

“Negative carbon is the currency of the future”

Simply put, sustainable finance refers to the process of taking environmental, social and governance (ESG) considerations into account when making investment decisions in the financial sector, leading to more long-term investments in sustainable economic activities and projects. According to the Head of ESG, FIC, Deutsche Bank, decarbonising the steel industry will cost more than 1.4 trillion dollars and that is why the emerging sustainable finance market has a key role to play in funding the transition.

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