Our decarbonization strategy
We are committed to developing long-term sustainable business by reducing our environmental footprint within our communities and value chain; working with partners and peers to address the climate change challenge and transition to a carbon neutral economy.
We aim to achieve this target by using a higher proportion of recycled steel scrap in the metallic mix, investments to increase energy efficiency, and the use of renewables for part of our energy requirements as well as the development of technologies involving the use of hydrogen and carbon capture.
To accelerate the fulfilment of these targets, we are implementing an internal carbon price of USD 80/ton for evaluating investments, and more generally in our operations.