Swedish steel maker Ovako is partnering up in the Polestar 0 project, committed to collaborate on the company’s goal to produce a climate neutral car by 2030. Ovako´s role in this project will be to put extra resources on maximum reduction of CO2-footprint due to upstream effects from alloying content as well as increasing the reuse of the internal waste produced and thus even further cutting the need for sourcing virgin raw materials. Ovako CEO Mr Marcus Hedblom said “To stretch our efforts even further we have decided to take up the challenge and join in the Polestar 0 project, committed to collaborate on the Polestar moon-shot goal to produce a truly climate-neutral car by 2030.” The Polestar 0 Project will eliminate, not reduce, all greenhouse gas emissions from every aspect of production. From conception all the way to customer delivery, target will be met without resorting to offsetting until there are solutions with proven results in place. Zero will mean zero. The project has been split into three stages, leading up to our 2030 target. From a world leading position and since 1 January 2022, Ovako produces all engineering steel through 100% carbon neutral operations and with above 97% in recycled content in the steel products, the company will continue its journey towards lowest carbon footprint possible. Further plans for improvements are announced in the latest sustainability report. At these levels Ovako’s crude steel operations being about 95% below world steel average and 80% below on a cradle to gate perspective, the company is still not satisfied.
Swedish steel maker Ovako is partnering up in the Polestar 0 project, committed to collaborate on the company’s goal to produce a climate neutral car by 2030. Ovako´s role in this project will be to put extra resources on maximum reduction of CO2-footprint due to upstream effects from alloying content as well as increasing the reuse of the internal waste produced and thus even further cutting the need for sourcing virgin raw materials. Ovako CEO Mr Marcus Hedblom said “To stretch our efforts even further we have decided to take up the challenge and join in the Polestar 0 project, committed to collaborate on the Polestar moon-shot goal to produce a truly climate-neutral car by 2030.” The Polestar 0 Project will eliminate, not reduce, all greenhouse gas emissions from every aspect of production. From conception all the way to customer delivery, target will be met without resorting to offsetting until there are solutions with proven results in place. Zero will mean zero. The project has been split into three stages, leading up to our 2030 target. From a world leading position and since 1 January 2022, Ovako produces all engineering steel through 100% carbon neutral operations and with above 97% in recycled content in the steel products, the company will continue its journey towards lowest carbon footprint possible. Further plans for improvements are announced in the latest sustainability report. At these levels Ovako’s crude steel operations being about 95% below world steel average and 80% below on a cradle to gate perspective, the company is still not satisfied.
