German steel giant Thyssenkrupp Steel has become a member of ResponsibleSteel, a non-profit organization that uses a global standards and certification program to ensure that the steel used is responsibly sourced and manufactured at every stage. Thyssenkrupp Steel sees the commitment to the ResponsibleSteel Standard as another important building block in the sustainable transformation process.Under the umbrella of ResponsibleSteel, companies from all areas of the steel value chain, civil society groups, associations and other organizations are working to increase the contribution of steel to a sustainable society. This includes, but is not limited to, the responsible sourcing of raw materials, production, use and recycling of steel. In addition to the commitment to a sustainable supply chain, ResponsibleSteel has developed a wide range of social and ecological criteria. These broaden the notion of sustainability to include issues such as health and safety, greenhouse gas emissions, water management and biodiversity, human and labor rights, and community relations.Steel is also of enormous importance in the context of the energy transition: It is essential as a material for wind turbines or in power plant construction. Likewise, consistent lightweight construction as part of new quality and processing concepts in automotive engineering can sustainably reduce fuel consumption. Against this background, decarbonization of the steel industry, which causes around 7% of global CO2 emissions, is of particular importance. Thyssenkrupp Steel has therefore set itself the goal of reducing CO2 emissions by 30% by 2030 and of producing climate-neutrally by 2045 at the latest.
German steel giant Thyssenkrupp Steel has become a member of ResponsibleSteel, a non-profit organization that uses a global standards and certification program to ensure that the steel used is responsibly sourced and manufactured at every stage. Thyssenkrupp Steel sees the commitment to the ResponsibleSteel Standard as another important building block in the sustainable transformation process.Under the umbrella of ResponsibleSteel, companies from all areas of the steel value chain, civil society groups, associations and other organizations are working to increase the contribution of steel to a sustainable society. This includes, but is not limited to, the responsible sourcing of raw materials, production, use and recycling of steel. In addition to the commitment to a sustainable supply chain, ResponsibleSteel has developed a wide range of social and ecological criteria. These broaden the notion of sustainability to include issues such as health and safety, greenhouse gas emissions, water management and biodiversity, human and labor rights, and community relations.Steel is also of enormous importance in the context of the energy transition: It is essential as a material for wind turbines or in power plant construction. Likewise, consistent lightweight construction as part of new quality and processing concepts in automotive engineering can sustainably reduce fuel consumption. Against this background, decarbonization of the steel industry, which causes around 7% of global CO2 emissions, is of particular importance. Thyssenkrupp Steel has therefore set itself the goal of reducing CO2 emissions by 30% by 2030 and of producing climate-neutrally by 2045 at the latest.