SynopsisSSAB's participation in Climate Week NYC emphasizes the necessity of enabling policy frameworks for industrial decarbonization. The steelmaker highlights the importance of green transitions, common carbon emissions measurement methodologies, and transparent carbon footprint disclosure in steel products.ArticleSSAB, a prominent player in the steel industry, is actively engaged in Climate Week NYC events in New York City. Their participation aims to contribute to discussions regarding the need for increased ambition and faster adoption of climate-friendly technologies. SSAB emphasizes the importance of enabling policy frameworks for decarbonization, which includes creating markets for near-zero emission materials and ensuring fair competition.Martin Pei, CTO at SSAB, underlines the company's stance: "SSAB believes that a green transition is not only necessary, but possible. A climate-friendly future is within reach, but for this to happen, the ambition and speed of climate transition must increase, including the creation of enabling policy frameworks. SSAB and its partners have already proven that our fossil-free steel technology works and are now eager to scale up production."In addition to policy support, SSAB calls for the establishment of a common methodology for measuring, reporting, and verifying carbon emissions across steelmaking production processes. Such transparency is crucial for tracking and enhancing the credibility of the steel industry's carbon reporting efforts.Furthermore, SSAB underscores the importance of enabling customers and consumers to comprehend and compare the carbon footprint of steel products. This can be achieved through Environmental Product Declarations (EPDs).SSAB has been at the forefront of the green transition in the steel industry. In 2022, the company successfully delivered 500 tonnes of fossil-free steel to strategic customers, demonstrating the viability of their breakthrough HYBRIT technology, developed in collaboration with partners LKAB and Vattenfall. This technology has the potential to create fossil-free value chains.Martin Pei emphasizes the significance of steel in the context of climate goals: "Steel represents some 7-9% of global CO2 emissions, but steel is needed everywhere. Without transitioning, the steel industry's global climate goals will be difficult to reach."ConclusionSSAB's active involvement in Climate Week NYC underscores its commitment to driving the steel industry towards sustainability. The company advocates for policy frameworks that enable decarbonization and emphasizes the need for transparent carbon emissions measurement and disclosure. As SSAB continues to lead the green transition with innovative technologies, its efforts align with the broader goal of achieving climate-friendly industrial practices.
SynopsisSSAB's participation in Climate Week NYC emphasizes the necessity of enabling policy frameworks for industrial decarbonization. The steelmaker highlights the importance of green transitions, common carbon emissions measurement methodologies, and transparent carbon footprint disclosure in steel products.ArticleSSAB, a prominent player in the steel industry, is actively engaged in Climate Week NYC events in New York City. Their participation aims to contribute to discussions regarding the need for increased ambition and faster adoption of climate-friendly technologies. SSAB emphasizes the importance of enabling policy frameworks for decarbonization, which includes creating markets for near-zero emission materials and ensuring fair competition.Martin Pei, CTO at SSAB, underlines the company's stance: "SSAB believes that a green transition is not only necessary, but possible. A climate-friendly future is within reach, but for this to happen, the ambition and speed of climate transition must increase, including the creation of enabling policy frameworks. SSAB and its partners have already proven that our fossil-free steel technology works and are now eager to scale up production."In addition to policy support, SSAB calls for the establishment of a common methodology for measuring, reporting, and verifying carbon emissions across steelmaking production processes. Such transparency is crucial for tracking and enhancing the credibility of the steel industry's carbon reporting efforts.Furthermore, SSAB underscores the importance of enabling customers and consumers to comprehend and compare the carbon footprint of steel products. This can be achieved through Environmental Product Declarations (EPDs).SSAB has been at the forefront of the green transition in the steel industry. In 2022, the company successfully delivered 500 tonnes of fossil-free steel to strategic customers, demonstrating the viability of their breakthrough HYBRIT technology, developed in collaboration with partners LKAB and Vattenfall. This technology has the potential to create fossil-free value chains.Martin Pei emphasizes the significance of steel in the context of climate goals: "Steel represents some 7-9% of global CO2 emissions, but steel is needed everywhere. Without transitioning, the steel industry's global climate goals will be difficult to reach."ConclusionSSAB's active involvement in Climate Week NYC underscores its commitment to driving the steel industry towards sustainability. The company advocates for policy frameworks that enable decarbonization and emphasizes the need for transparent carbon emissions measurement and disclosure. As SSAB continues to lead the green transition with innovative technologies, its efforts align with the broader goal of achieving climate-friendly industrial practices.
