Steel Dynamics Inc

Common Name
Steel Dynamics
Country
United States
Sector
Basic Materials
Industry
Steel
Employees
13,000
Ticker
STLD
Exchange
NASDAQ/NGS
Description
Steel Dynamics Inc. is a leading American steel producer that plays a crucial role in the manufacturing and construction industries. Known for its vertically integrated business model, the company ope...

Steel Dynamics's Climate Target Data Preview

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 TypeScope of TargetUnitTargetTarget 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
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a
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.
a
2050
*. This target is limited in scope and does not represent the company's full operational or organizational boundaries
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Verified Sources Behind Steel Dynamics’s Climate Targets Data

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a. Steel Dynamics's Annual Report 2024
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Insights into Steel Dynamics's Greenhouse Gas Emissions Pathways

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

Does Steel Dynamics have a target to reduce its total carbon footprint?

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

Steel Dynamics's Carbon Footprint (Scope 1+2+3) Emissions Pathway

202220242030205000.250.50.751Current (-10%)Target 2050 (-87%)
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