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.
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.
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.
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.
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 and 2,308,536,000 kg CO2e from Scope 2 emissions. The company also recorded Scope 3 emissions of about 2,100 kg CO2e. Over the years, Steel Dynamics has shown a commitment to reducing its carbon footprint, with emissions intensity figures indicating a decrease from 493 kg CO2e per unit of revenue in 2018 to 391 kg CO2e in 2023. The company has set a target for 2025 to achieve an emissions intensity of 394.4 kg CO2e per unit of revenue, reflecting its ongoing efforts to enhance sustainability practices. However, specific reduction targets or initiatives have not been disclosed, indicating a potential area for further development in their climate strategy. Overall, Steel Dynamics is actively monitoring and reporting its emissions across all three scopes, demonstrating a commitment to transparency and accountability in its climate commitments.
Access structured emissions data, company-specific emission factors, and source documents
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 |
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.