Australian steel maker BlueScope Steel has provided updates on key initiatives for decrabonization at its recent inaugural ESG Briefing Day. With the company’s three steelmaking sites, Port Kembla, Glenbrook and North Star, accounting for 92% of its total Scope 1 and Scope 2 emissions, its steelmaking operations offer the most potential for emissions reductions. In short term, the company is targeting a 12% reduction in its steelmaking emissions and a 30% reduction in non-steelmaking emissions by 2030, and has committed AUD 150 million to the initiative. The company remains on track to meet this goal by achieving an annual 1.0% emission intensity reduction. Long-term, BlueScope Steel is committed to a net-zero target by 2050. While many producers are setting and working towards decarbonization goals, BlueScope says the path to net zero emissions is reliant on emerging technologies. BlueScope and its peers remain constrained by available and affordable technology for the production processes of alternative energy sources, particularly hydrogen. Given breakthrough technologies for emissions-free steelmaking are unlikely to be available before 2030, optimisation of existing processes will be essential to achieving shorter-term targets. BlueScope Steel is engaged in several initiatives to address the technology gap, including a collaborative concept study with Rio Tinto in the Pilbara to assess the use of direct reduced iron to produce low-emission iron ore. Other projects include a collaboration with both industry and government partners to develop a hydrogen hub.