Climate change poses a very real threat to planet and all the beings living on its surface. Gothenburg headquartered 107 year old Swedish multinational Manufacturing Corporation Volvo’s Volvo Cars understands and recognises that it is part of the problem & also can and will be part of the solution. Volvo Cars has become the first car maker ever to join the SteelZero initiative, which aims to increase demand for fossil-free steel and accelerate a transition to carbon neutrality in the steel industry. Signing up means Volvo Cars commits to stringent CO2-based steel procurement targets, by 2030. By 2050, all the steel Volvo Car sources should be net-zero.SteelZero was launched by ResponsibleSteel, a steel industry-wide standard and certification body that Volvo Cars is joining. Volvo Cars will gain access to reliable, third-party verified and audited information about steel supply chain and relevant sustainability credentials, all of which will help Volvo Cars ensure that the steel in Volvo Cars is responsibly sourced. As well as CO2 reductions, ResponsibleSteel also focuses on other important issues in the steel supply chain like labour and human rights, engagement with local communities, water use and biodiversity impact.SteelZero signing is not Volvo Car’s only initiative to address one of car making’s most intensive sources of CO2 emissions. Only last year, Volvo Car’s announced a collaboration with Swedish steel maker SSAB to jointly explore the development of fossil-free, high-quality steel for use in the automotive industry.Volvo Car’s action plan for fighting climate change is already one of the most ambitious in the auto industry. Volvo Car aims to be climate neutral by 2040 and a fully electric car maker by 2030. US based The Climate Group’s SteelZero initiative is aiming to bring together leading organisations to speed up the transition to a net zero steel industry. Organisations that join SteelZero make a public commitment to procure 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. The member companies includeAP Moller MaerskBarrett Steel LimitedBHCB+M SteelBourne GroupEiffage Métal FranceGrosvenor Property UKIberdrolaLandsecLendleaseMace GroupMorrow + LorraineMultiplex Construction EuropeØrstedSeverfield plcSiemens GamesaSmuldersSkanska UKSKFVattenfall BA WindVolvo CarsWilliam HareWSP UK
Climate change poses a very real threat to planet and all the beings living on its surface. Gothenburg headquartered 107 year old Swedish multinational Manufacturing Corporation Volvo’s Volvo Cars understands and recognises that it is part of the problem & also can and will be part of the solution. Volvo Cars has become the first car maker ever to join the SteelZero initiative, which aims to increase demand for fossil-free steel and accelerate a transition to carbon neutrality in the steel industry. Signing up means Volvo Cars commits to stringent CO2-based steel procurement targets, by 2030. By 2050, all the steel Volvo Car sources should be net-zero.SteelZero was launched by ResponsibleSteel, a steel industry-wide standard and certification body that Volvo Cars is joining. Volvo Cars will gain access to reliable, third-party verified and audited information about steel supply chain and relevant sustainability credentials, all of which will help Volvo Cars ensure that the steel in Volvo Cars is responsibly sourced. As well as CO2 reductions, ResponsibleSteel also focuses on other important issues in the steel supply chain like labour and human rights, engagement with local communities, water use and biodiversity impact.SteelZero signing is not Volvo Car’s only initiative to address one of car making’s most intensive sources of CO2 emissions. Only last year, Volvo Car’s announced a collaboration with Swedish steel maker SSAB to jointly explore the development of fossil-free, high-quality steel for use in the automotive industry.Volvo Car’s action plan for fighting climate change is already one of the most ambitious in the auto industry. Volvo Car aims to be climate neutral by 2040 and a fully electric car maker by 2030. US based The Climate Group’s SteelZero initiative is aiming to bring together leading organisations to speed up the transition to a net zero steel industry. Organisations that join SteelZero make a public commitment to procure 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. The member companies includeAP Moller MaerskBarrett Steel LimitedBHCB+M SteelBourne GroupEiffage Métal FranceGrosvenor Property UKIberdrolaLandsecLendleaseMace GroupMorrow + LorraineMultiplex Construction EuropeØrstedSeverfield plcSiemens GamesaSmuldersSkanska UKSKFVattenfall BA WindVolvo CarsWilliam HareWSP UK
