As of 2024, Steel Dynamics has disclosed 2 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 2 intensity-based targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Steel Dynamics ’s climate strategy, ambition level, and alignment with global decarbonization goals.
Target Type | Scope of Target | Unit | Target | Target Year |
---|---|---|---|---|
Intensity-based Target* | Scope 1 - Total, Scope 2 - Total, Scope 3 - Total Upstream (Cat. 1+2+3+4+5+6+7+8) | Metric Tonnes of CO2 equivalent (mtCO2e) per Metric Tonne (mt) of Other Product (Unlisted) Produced/Manufactured | Copy restricted. Please purchase to unlock this data. | 2030 |
Intensity-based Target* | Scope 1 - Total, Scope 2 - Total, Scope 3 - Total Upstream (Cat. 1+2+3+4+5+6+7+8) | Metric Tonnes of CO2 equivalent (mtCO2e) per Metric Tonne (mt) of Other Product (Unlisted) Produced/Manufactured | Copy restricted. Please purchase to unlock this data. | 2050 |
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As of 2024, Steel Dynamics has set greenhouse gas (GHG) emissions reduction targets that cover only its total carbon footprint, without separate targets for operational (Scope 1 and 2) or value chain (Scope 3) emissions. This limits the ability to track progress across distinct emissions categories. a
As of 2024, Steel Dynamics has set a target to reduce its total carbon footprint, specifically those from Scope 1, Scope 2 and Scope 3 sources. a
Steel Dynamics's most ambitious carbon footprint target is to reduce its scope 1, 2 and 3 emissions from a baseline of 0.94 Metric Tonnes of CO2 equivalent (mtCO2e) per Metric Tonne (mt) of Other Product (Unlisted) Produced/Manufactured in 2022, by 87.23% by 2050. a
As of 2024, Steel Dynamics is ahead of schedule on its total carbon footprint reduction target, having achieved 10.97% of the planned reduction. a