Earth Overshoot Day on August 2 served as a stark reminder of the urgent need to address our global carbon footprint. Industries worldwide, being significant contributors to emissions, hold a special responsibility in this regard. Mr. Martin Stillger, CEO of thyssenkrupp Materials Services, seized this occasion to underscore the importance of sustainable supply chains and emissions reduction stated “Earth Overshoot Day compels us to act decisively in pushing back this alarming date. For companies, the commitment to reduce greenhouse gases must extend beyond their own operations to encompass their entire supply chains, from Scope 1 to Scope 3 emissions. The key to achieving this lies in fostering transparency about emissions.”“Embracing digitalization is a crucial lever in this endeavor. AI-supported tools, for instance, provide highly accurate forecasts that help avoid incorrect deliveries, minimize inventory and storage costs, and reduce transportation emissions. Moreover, innovative solutions like emission calculators offer transparent insights into the total emissions associated with a product, revealing potential areas for improvement, stressed Mr. Stillger“Yet, despite our best efforts, some emissions will persist. Preserving our planet's finite resources necessitates a comprehensive approach, prioritizing proactive measures to reduce or completely avoid greenhouse gases. This can be complemented by carbon offsets and carbon capture and storage technologies. Only by adopting a holistic understanding of sustainable business and acting accordingly can we make a meaningful impact in pushing back Earth's overshoot day,” underscored Mr. StillgerAs the largest mill-independent materials distributor and service provider in the Western world, thyssenkrupp Materials Services understands the significance of resource consumption in storage, processing, and transportation. Simultaneously, the company is actively working towards creating transparent supply chains and identifying emission-saving opportunities. Guided by the “BEYOND” sustainability strategy aligned with international ESG standards, thyssenkrupp Materials Services takes responsibility for its environmental impact and supports its global customer base of over 250,000 in achieving their climate goals. Part of this strategy is the aim to achieve climate neutrality by 2030, and the company has already succeeded in reducing direct emissions from business operations by more than 32% compared to the base year 2017/18.
Earth Overshoot Day on August 2 served as a stark reminder of the urgent need to address our global carbon footprint. Industries worldwide, being significant contributors to emissions, hold a special responsibility in this regard. Mr. Martin Stillger, CEO of thyssenkrupp Materials Services, seized this occasion to underscore the importance of sustainable supply chains and emissions reduction stated “Earth Overshoot Day compels us to act decisively in pushing back this alarming date. For companies, the commitment to reduce greenhouse gases must extend beyond their own operations to encompass their entire supply chains, from Scope 1 to Scope 3 emissions. The key to achieving this lies in fostering transparency about emissions.”“Embracing digitalization is a crucial lever in this endeavor. AI-supported tools, for instance, provide highly accurate forecasts that help avoid incorrect deliveries, minimize inventory and storage costs, and reduce transportation emissions. Moreover, innovative solutions like emission calculators offer transparent insights into the total emissions associated with a product, revealing potential areas for improvement, stressed Mr. Stillger“Yet, despite our best efforts, some emissions will persist. Preserving our planet's finite resources necessitates a comprehensive approach, prioritizing proactive measures to reduce or completely avoid greenhouse gases. This can be complemented by carbon offsets and carbon capture and storage technologies. Only by adopting a holistic understanding of sustainable business and acting accordingly can we make a meaningful impact in pushing back Earth's overshoot day,” underscored Mr. StillgerAs the largest mill-independent materials distributor and service provider in the Western world, thyssenkrupp Materials Services understands the significance of resource consumption in storage, processing, and transportation. Simultaneously, the company is actively working towards creating transparent supply chains and identifying emission-saving opportunities. Guided by the “BEYOND” sustainability strategy aligned with international ESG standards, thyssenkrupp Materials Services takes responsibility for its environmental impact and supports its global customer base of over 250,000 in achieving their climate goals. Part of this strategy is the aim to achieve climate neutrality by 2030, and the company has already succeeded in reducing direct emissions from business operations by more than 32% compared to the base year 2017/18.