British Steel has unveiled its Low-Carbon Roadmap, outlining its commitment to achieving net-zero status through the biggest transformation in its history. The company has pledged to invest in a range of technologies to deliver net-zero steel by 2050, and significantly reduce its CO2 intensity by 2030 and 2035. Its roadmap, which is in line with UK commitments to the Paris Agreement, will see the business adopt a science-based target in order to validate its reductions. British Steel Chairman and Jingye CEO Mr Huiming Li said “We firmly believe our products can play a central role in transitioning to a low-carbon, circular economy and we have ambitious plans to reduce the carbon intensity of our operations, with solutions that are globally recognised and accepted. Embracing new technology and ways of working will help our drive towards a phased reduction of CO2 emissions by 2030, 2035 and 2050. And while there is no doubt decarbonisation is a major challenge for our business, the biggest we have faced in 130 years of steelmaking, and we’re committed to creating a clean, green and sustainable future for British Steel.”British Steel’s efforts to decarbonise the business are already underway, with a variety of projects being implemented to improve environmental performance. For example, it has recently increased the amount of scrap used in the integrated steelmaking route and plans to further increase this by 2023 and is progressing with the use of Hot Briquetted Iron and scrap in the iron making process. These will have an immediate and significant CO2 reduction.To help achieve its net-zero targets, British Steel will use a range of techniques and innovations including:Assessing and adopting several technology options such as Carbon Capture and Storage, hydrogen, increasing scrap utilisation and Electric Arc Furnace steelmakingSteel product innovation to promote the material benefits to end users, for example through light weighting and life extensionSupporting recycling and reuse, for instance using increased levels of scrap in its steelmaking process and encouraging re-use of steel products at the end of life, where appropriateDeploying circular economy and material efficiency methodologiesBritish Steel, which is a member of the Zero Carbon Humber partnership, said it is also committed to working with its customers, suppliers and community stakeholders on the road to decarbonisation.
British Steel has unveiled its Low-Carbon Roadmap, outlining its commitment to achieving net-zero status through the biggest transformation in its history. The company has pledged to invest in a range of technologies to deliver net-zero steel by 2050, and significantly reduce its CO2 intensity by 2030 and 2035. Its roadmap, which is in line with UK commitments to the Paris Agreement, will see the business adopt a science-based target in order to validate its reductions. British Steel Chairman and Jingye CEO Mr Huiming Li said “We firmly believe our products can play a central role in transitioning to a low-carbon, circular economy and we have ambitious plans to reduce the carbon intensity of our operations, with solutions that are globally recognised and accepted. Embracing new technology and ways of working will help our drive towards a phased reduction of CO2 emissions by 2030, 2035 and 2050. And while there is no doubt decarbonisation is a major challenge for our business, the biggest we have faced in 130 years of steelmaking, and we’re committed to creating a clean, green and sustainable future for British Steel.”British Steel’s efforts to decarbonise the business are already underway, with a variety of projects being implemented to improve environmental performance. For example, it has recently increased the amount of scrap used in the integrated steelmaking route and plans to further increase this by 2023 and is progressing with the use of Hot Briquetted Iron and scrap in the iron making process. These will have an immediate and significant CO2 reduction.To help achieve its net-zero targets, British Steel will use a range of techniques and innovations including:Assessing and adopting several technology options such as Carbon Capture and Storage, hydrogen, increasing scrap utilisation and Electric Arc Furnace steelmakingSteel product innovation to promote the material benefits to end users, for example through light weighting and life extensionSupporting recycling and reuse, for instance using increased levels of scrap in its steelmaking process and encouraging re-use of steel products at the end of life, where appropriateDeploying circular economy and material efficiency methodologiesBritish Steel, which is a member of the Zero Carbon Humber partnership, said it is also committed to working with its customers, suppliers and community stakeholders on the road to decarbonisation.