British Steel has launched its first Decarbonisation Action Report, exploring the progress made towards sustainability goals and providing clarity on the true measurement of the carbon impact arising from its products.
The report highlights a commitment to setting company-wide emission reductions in line with the Science Based Targets initiative, as well as ongoing feasibility studies on integrating Electric Arc Furnace steelmaking into existing operations.
Ben Cunliffe, Commercial Director, Construction, said: “Our commitment to a carbon intensity saving of 82% by 2035 and to net zero by 2050 represents one of the most significant decarbonisation projects across the whole of the UK national interest.
“This report looks at why buying British provides huge economic value to the UK in terms of both jobs and billions of pounds of Gross Value Added. In stark contrast, importing steel not only supports industries and economies outside the UK, it also generates significantly greater emissions through the transportation process.”
The report shows how steel imported into the UK generates up to 24 times greater emissions arising from transport of regular imports into the UK.
Ben said: “The UK construction sector is moving at an increasing pace towards sustainability and, equally, British Steel is undergoing an exciting transition to achieve our ambitious targets. We’re very much looking forward to working closely with both our customers and the supply chain to support this.”