Salzgitter AG is pursuing ambitious sustainability goals with its Group strategy and the focus on the circular economy. With regard to climate targets, both short-term and long-term science-based emission reduction targets have been developed based on standards of and validated by the Science Based Targets initiative (SBTi).
The Salzgitter Group’s SBTi reduction targets are also based on the Paris Climate Agreement and are aligned with the 1.5 °C target. The target year for the short-term goals is set at 2028. All Group companies in Germany and abroad are now responsible for helping to achieve this goal. Over the long term, Salzgitter AG aims to achieve the net zero target by 2050 at the latest.
As Gunnar Groebler, Chairman of the Executive Board of Salzgitter AG, explained: “The transformation of industry towards low-carbon processes and products not only requires a pioneering spirit but also international comparability in companies’ approaches. The Science Based Targets are not only an expression of this commitment. Far more, Salzgitter AG is underlining its confidence in the transformation that has been initiated and the market prospects for low-carbon products, while meeting customer requirements at the same time.