Sep 27, 2022
Steel industry leaders support decarbonisation plan
2022-10-03
Steel industry leaders are showing support for the Mission Possible Partnerships’ (MPP) decarbonisation plans in order to meet emissions’ standards goals outlined by the Paris climate agreement.
Kallanish understands that several international steelmakers including ArcelorMittal, Liberty Steel, SSAB, Tata Steel, Thyssenkrupp, and Vale have joined alongside nearly 200 other industrial leaders to back the organisation’s plans to help meet the Paris Agreement’s goal of curbing global heating to 1.5 degrees above pre-industrial levels by 2050.
“This strategy has laid down the challenges for the steel industry to decarbonise. We are collaborating with suppliers, downstream partners, start-ups, academia, and communities within our area of influence to work towards mitigating the threat of climate change,” explains Tata Steel’s vice president for safety, health, and sustainability Sanjiv Paul.
According to the Mission Possible Partnerships, the international steel industry combined with both the aluminium and renewable energy industries accounts for nearly 17% of global greenhouse gas emissions.
“Support for these strategies from more than 200 industry leaders sends a signal of hope: companies around the world are committed to invest at scale for a net zero-emissions economy,” adds Faustine Delasalle, vice chair for a founding MPP partner, Energy Transitions Commission.
Zach Johnson USA
Source: Eurometal
