Algoma Steel Inc., headquartered in Sault Ste. Marie, Ontario, Canada, is a prominent player in the North American steel industry. Founded in 1901, the company has evolved into a leading integrated steel producer, primarily serving the automotive, construction, and energy sectors. With a focus on high-quality flat-rolled steel products, Algoma Steel is renowned for its innovative manufacturing processes and commitment to sustainability. The company’s extensive product range includes hot and cold rolled sheets, as well as coated steel products, which are distinguished by their durability and performance. Algoma Steel has achieved significant milestones, including advancements in production technology and a strong market position, making it a trusted supplier in the steel market. Its dedication to quality and customer satisfaction continues to drive its success in a competitive landscape.
How does Algoma Steel'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.
Algoma Steel's score of 24 is higher than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Algoma Steel reported carbon emissions of approximately 4,218,890,000 kg CO2e from Scope 1 sources and about 24,877,000 kg CO2e from Scope 2 sources. This represents a slight increase in Scope 1 emissions compared to 2022, where emissions were approximately 3,995,014,000 kg CO2e for Scope 1 and 14,115,000 kg CO2e for Scope 2. The company has consistently reported its Scope 1 emissions intensity, which was 1,900 kg CO2e per tonne in 2023, reflecting its ongoing efforts to monitor and manage its carbon footprint. Despite these figures, Algoma Steel has not disclosed specific reduction targets or initiatives aimed at decreasing its carbon emissions. The absence of documented reduction commitments suggests that while the company is aware of its emissions, it may not have formalised strategies in place to achieve significant reductions in the near term. As a key player in the iron and steel industry, Algoma Steel's emissions profile is critical to understanding its environmental impact and commitment to climate action.
Access structured emissions data, company-specific emission factors, and source documents
2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Scope 1 | 3,880,106,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
Scope 2 | - | - | 00,000,000 | 00,000,000 |
Scope 3 | - | - | - | - |
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.
Algoma Steel 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.