Decarbonisation Swiss Steel Group joins Carbon Disclosure Project

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Despite volatile markets and a difficult geopolitical environment, the Swiss Steel Group is advancing its decarbonisation strategy. To this end, the company joined the Carbon Disclosure Project, making the group the first European steel producer to take part in the programme.

The Swiss Steel Group has taken another important step in its decarbonisation strategy. The Group has decided to become the first European steel producer and the world's first secondary route producer to join the Carbon Disclosure Project (CDP) supply chain programme. The Carbon Disclosure Project (CDP) Supply Chain Program is a global programme that helps companies measure and reduce CO₂ emissions from their supply chain. It helps companies understand and improve the environmental performance of their suppliers and enables them to accurately track their CO₂ emissions in the supply chain. As part of this initiative, the Swiss Steel Group has approached its 150 most important suppliers of raw materials and consumables with the aim of obtaining and better understanding their specific carbon footprint.

This enables the Swiss Steel Group to incorporate the environmental performance of its suppliers into the purchasing decision process. In addition, requesting primary emission data directly from the supplier enables a more accurate calculation of the product carbon footprint (PCF) than using secondary emission factors based on averages. In the future, the Swiss Steel Group will be able to provide its customers with a more accurate PCF that better reflects the carbon footprint of their specific products.

The Swiss Steel Group, as the European Green Steel market leader, attaches great importance to sustainability and environmental protection throughout the supply chain and is determined to make its contribution to a holistic cradle-to-gate approach to CO₂ emissions.

“We are proud to be a pioneer in this important area and to further expand our role as a thought leader in the Green Steel segment. We hope for the cooperation of our suppliers and that other companies will follow us,” says Frank Koch, CEO of Swiss Steel Group. The Swiss Steel Group is determined to continue working on climate protection and sustainability issues and to continue working for a better future for society and the environment.

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