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 30 is higher than 94% 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 greenhouse gas emissions of approximately 4,084,747,000 kg CO2e, which includes 2,725,517,000 kg CO2e from Scope 1 and 2,308,536,000 kg CO2e from Scope 2 (market-based). The company also disclosed Scope 3 emissions of about 3,238,481,000 kg CO2e, primarily from purchased goods and services. Steel Dynamics has set ambitious climate commitments, targeting a 20% reduction in combined Scope 1 and Scope 2 greenhouse gas emissions intensity across its Electric Arc Furnace (EAF) steel mills by 2025, relative to a 2018 baseline. Furthermore, the company aims for a more significant 50% reduction in the same emissions intensity by 2030. The emissions intensity figures for 2023 indicate approximately 391.0 metric tons CO2e per unit of revenue, reflecting the company's ongoing efforts to improve sustainability in its operations. These initiatives align with industry standards for climate action, demonstrating Steel Dynamics's commitment to reducing its carbon footprint while maintaining production efficiency.
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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 | - | - | - | 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 participating in any 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.
