A new policy paper released recently has set out steps governments must take to support the steel industry in its drive to achieve net zero emissions. The position was laid out by SteelZero, a global initiative led by international non-profit Climate Group in partnership with ResponsibleSteel. The policy paper will be a key tool for SteelZero members, such as AP Moller- Maersk, Lendlease and Ørsted, and the wider business community, to advocate for the changes that they need from the steel industry to enable a rapid transition to the production and supply of net zero steel. The paper calls on government decision makers to 1. Promote a global standard and definition on what low emission and net zero steel is 2. Support the public sector in using low emission and net zero steel in current and future projects 3. Get businesses to measure and report on the carbon emissions associated with the steel they use 4. Encourage better use of steel in the first place while ensuring that steel can be easily recycled 5. Set expectations on what’s needed from steelmakers to drastically cut carbon emissions 6. Create a level playing field for net zero steel in global markets These positions, and the steps required to achieve them, were to be discussed at the first of its kind SteelZero summit on 31 May in Copenhagen, hosted by founding member Ørsted. SteelZero members make a public commitment to procure 100% net zero steel by 2050, with an interim commitment of using 50% responsibly produced steel by 2030. By harnessing the collective purchasing power and influence of its members, SteelZero is shifting global markets and policies towards the responsible production and sourcing of steel. Climate Group’s goal is a world of net zero carbon emissions by 2050, with greater prosperity for all. SteelZero is a global initiative bringing together forward-looking organisations to speed up the transition to a net zero steel industry. Led by international non-profit the Climate Group in partnership with ResponsibleSteel, organisations that join SteelZero make a public commitment to procure, specify or stock 100% net zero steel by 2050. By harnessing their collective purchasing power and influence, SteelZero is sending a strong demand signal to shift global markets and policies towards responsible production and sourcing of steel.
A new policy paper released recently has set out steps governments must take to support the steel industry in its drive to achieve net zero emissions. The position was laid out by SteelZero, a global initiative led by international non-profit Climate Group in partnership with ResponsibleSteel. The policy paper will be a key tool for SteelZero members, such as AP Moller- Maersk, Lendlease and Ørsted, and the wider business community, to advocate for the changes that they need from the steel industry to enable a rapid transition to the production and supply of net zero steel. The paper calls on government decision makers to 1. Promote a global standard and definition on what low emission and net zero steel is 2. Support the public sector in using low emission and net zero steel in current and future projects 3. Get businesses to measure and report on the carbon emissions associated with the steel they use 4. Encourage better use of steel in the first place while ensuring that steel can be easily recycled 5. Set expectations on what’s needed from steelmakers to drastically cut carbon emissions 6. Create a level playing field for net zero steel in global markets These positions, and the steps required to achieve them, were to be discussed at the first of its kind SteelZero summit on 31 May in Copenhagen, hosted by founding member Ørsted. SteelZero members make a public commitment to procure 100% net zero steel by 2050, with an interim commitment of using 50% responsibly produced steel by 2030. By harnessing the collective purchasing power and influence of its members, SteelZero is shifting global markets and policies towards the responsible production and sourcing of steel. Climate Group’s goal is a world of net zero carbon emissions by 2050, with greater prosperity for all. SteelZero is a global initiative bringing together forward-looking organisations to speed up the transition to a net zero steel industry. Led by international non-profit the Climate Group in partnership with ResponsibleSteel, organisations that join SteelZero make a public commitment to procure, specify or stock 100% net zero steel by 2050. By harnessing their collective purchasing power and influence, SteelZero is sending a strong demand signal to shift global markets and policies towards responsible production and sourcing of steel.