Steel Dynamics
Steel Dynamics, Inc. (SDI), headquartered in the United States, is a leading player in the steel manufacturing industry. Founded in 1993, the company has rapidly grown to become one of the largest steel producers in North America, with major operations across the Midwest and Southern regions. Specialising in steel products, including hot-rolled, cold-rolled, and coated steel, Steel Dynamics distinguishes itself through its commitment to sustainability and innovation. The company’s state-of-the-art electric arc furnace technology allows for efficient production while minimising environmental impact. With a strong market position, Steel Dynamics has achieved notable milestones, including consistent growth in production capacity and a reputation for high-quality products. Its dedication to customer service and operational excellence further solidifies its status as a key player in the steel industry.
DitchCarbon Score
How does Steel Dynamics'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
Steel Dynamics's score of 25 is higher than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Steel Dynamics's reported carbon emissions
In 2023, Steel Dynamics reported total carbon emissions of approximately 4,084,747,000 kg CO2e, comprising 2,725,517,000 kg CO2e from Scope 1, 2,308,536,000 kg CO2e from Scope 2, and 2,100 kg CO2e from Scope 3 emissions. The company has demonstrated a commitment to reducing its carbon footprint, with a reported emissions intensity of about 391.0 kg CO2e per unit of revenue. Over the years, Steel Dynamics has shown fluctuations in its emissions. For instance, in 2022, the total emissions were approximately 4,393,000,000 kg CO2e, with Scope 1 emissions at 410 kg CO2e and Scope 2 emissions at about 1,932,232,000 kg CO2e. The company has not disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges, indicating a potential area for future commitment. The emissions data reflects a broader industry context where steel production is a significant contributor to greenhouse gas emissions. Steel Dynamics' ongoing efforts to monitor and report emissions across all scopes highlight its awareness of climate impact and the importance of transparency in sustainability practices.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 1,867,717,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 000 | 0,000,000,000 |
| Scope 2 | 2,604,858,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | 2,600,000,000 | 0,000 | 0,000 | 0,000,000,000 | 0,000 | 0,000 |
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.
Steel Dynamics is not committed to any reduction initiatives 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.
