Tag: ResponsibleSteel

BlueScope’s Western Port, the site that has committed to a 30% reduction in emissions intensity by 2030 and has worked diligently to minimize its impact on the surrounding environment, received ResponsibleSteel certification.

ResponsibleSteel hosted a critical meeting on 22 July at the 14th Clean Energy Ministerial (CEM14, GOA 2023) demonstrating the role of the ResponsibleSteel International Standard in impacting policy, finance and the energy transition to accelerate decarbonisation in India’s steel industry at pace and scale.

Following a rigorous audit process by AFNOR lasting around 12 months, Aperam South America has achieved certification against the ResponsibleSteel Standard Version 1.1.

U. S. Steel was the first American steelmaker to announce a net-zero greenhouse gas emissions goal by 2050 and the first North American steel company to join ResponsibleSteel™.

JSW Steel has set ambitious sustainability targets including reducing its specific CO2 emissions by 42% by FY2030 from 2005.

The SSP provide a framework for banks to assess the decarbonisation of their steel lending portfolio. ResponsibleSteel provides an international standard for steel sites to be certified against.

Effective decarbonisation of the steel sector is being touted as a key wedge for achieving net zero emissions by 2050. And for quite some time now, there has been a pressing need to have a consistent set of rules, guidelines, or definition of low-emissions steel, aka green steel. On 14 September 2022, ResponsibleSteel launched the International Standard V2.0 in a bid to increase reliability, ensure consistency, enable buyers to specify what green procurement means and maximise steel’s contribution to a sustainable society.

The sites are Pohang and Gwangyang Steelworks in South Korea operated by POSCO together with the Jamshedpur site in India operated by Tata Steel.

The ResponsibleSteel Standard is unique in addressing not only climate change but other issues also across the whole ESG spectrum.

Physical steel products would be classified as lower, and ultimately near-zero, carbon emissions steel.