thyssenkrupp Steel Europe AG
Thyssenkrupp Steel Europe AG, a leading player in the steel industry, is headquartered in Duisburg, Germany. Founded in 1811, the company has evolved into a key provider of high-quality steel products, serving various sectors including automotive, construction, and mechanical engineering. With a strong presence across Europe, Thyssenkrupp Steel Europe is renowned for its innovative solutions and commitment to sustainability. The company offers a diverse range of products, including hot-rolled, cold-rolled, and coated steel, distinguished by their exceptional quality and performance. Thyssenkrupp Steel Europe AG has achieved significant milestones, positioning itself as a market leader through continuous investment in technology and research. Its dedication to customer satisfaction and environmental responsibility further solidifies its reputation in the competitive steel market.
DitchCarbon Score
How does thyssenkrupp Steel Europe AG's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Iron and Steel Production industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
thyssenkrupp Steel Europe AG's score of 40 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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thyssenkrupp Steel Europe AG's reported carbon emissions
In 2021, thyssenkrupp Steel Europe AG reported a carbon emissions intensity of approximately 600 kg CO2e per tonne for its bluemint® pure product. The company has set ambitious climate commitments, aiming for net-zero greenhouse gas emissions across its entire value chain by 2045. Thyssenkrupp has established near-term targets to reduce its greenhouse gas emissions by 38% per tonne of hot rolled steel by 2032, using 2018 as the baseline year. Additionally, the company aims to cut all other Scope 1 and 2 emissions by about 58.8% and Scope 3 emissions by approximately 35% within the same timeframe. Long-term, thyssenkrupp Steel Europe AG is committed to an overall reduction of 93% in absolute emissions across all scopes (1, 2, and 3) by 2045, compared to 2018 levels. These targets align with the Science Based Targets initiative (SBTi) and are designed to contribute to limiting global warming to 1.5°C.
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
thyssenkrupp Steel Europe AG is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
