In 2025, SSAB completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
SSAB has also provided a category-level breakdown for 9 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2025 | 2024 | 2023 | 2022-2019 |
|---|---|---|---|---|
Total Scope 1 | 9,839,000a | 9,479,000a | 9,947,000a | |
Total Scope 2 | ||||
Market-Based | 896,000a | 1,260,000a | 1,157,000a | |
Location-Based | 806,000a | 806,000a | 829,000a | |
Total Scope 3 | 10,913,000a | 10,204,000a | 10,444,000a | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 940.5376a | 1,010.0619a | 970.3456a |
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In 2025, the total operational greenhouse gas (GHG) emissions of SSAB amounted to 10,645,000 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a
Compared to 2024, the total operational greenhouse gas (GHG) emissions of SSAB increased by 3.5%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
In 2025, the total Scope 1 emissions of SSAB were 9,839,000 metric tons of CO₂ equivalent (tCO₂e).a
Since 2019, SSAB's Scope 1 emissions have decreased by 3.1%, reflecting a declining long-term trend in Scope 1 emissions over time.ab
Compared to the previous year (2024), SSAB's Scope 1 emissions increased by 3.8%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
In 2025, SSAB reported Scope 2 greenhouse gas (GHG) emissions of 896,000 tCO₂e using the market-based method and 806,000 tCO₂e using the location-based method.a
Compared to the previous year (2024), SSAB's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that SSAB's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2025, SSAB reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2025, SSAB reported 10,913,000 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2025 disclosure of SSAB includes a breakdown across 9 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2024, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
In 2025, SSAB reported total Scope 3 emissions of 10,913,000 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 88.91% of these emissions originated from upstream activities such as purchased goods and capital goods, while 11.09% came from downstream activities like product use, distribution, and end-of-life treatment.a
Compared to the previous year (2024), SSAB's Scope 3 emissions remained relatively stable, indicating that SSAB's emissions have plateaued with no significant change in its value chain footprint.a
In 2025, SSAB reported emissions for 9 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This partial disclosure allows for some insight into the company's indirect impacts.
In 2025, the largest contributors to SSAB's Scope 3 emissions were:a
In 2025, SSAB reported Scope 1 greenhouse gas (GHG) emissions of 9,839,000 tCO₂e and total revenues of USD 10,461 millions. This translates into an emissions intensity of 940.54 tCO₂e per millions USD.a
In 2025, SSAB reported a Scope 1 emissions intensity of 940.54 tCO₂e per millions USD. Compared to the peer group median of 917.9, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2025, SSAB ranked 14 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
SSAB is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2025, SSAB reported a total carbon footprint of 21,558,000 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 5.22% increase compared to 2024, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to SSAB's total carbon footprint was Scope 3 emissions, accounting for 50.62% of the company's total carbon footprint, followed by Scope 1 emissions at 45.64%.a