Algoma Steel
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.
DitchCarbon Score
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.
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
Algoma Steel's score of 21 is higher than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Algoma Steel's reported carbon emissions
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 Scope 1 emissions intensity of about 1,900 kg CO2e per tonne of steel produced. In 2022, the company recorded approximately 3,995,014,000 kg CO2e in Scope 1 emissions and about 14,115,000 kg CO2e in Scope 2 emissions, indicating a slight increase in emissions in 2023 compared to 2022. For 2021, Algoma Steel's Scope 1 emissions were approximately 4,111,476,000 kg CO2e, while in 2020, they were about 3,880,106,000 kg CO2e. The company has not disclosed any specific reduction targets or initiatives as part of its climate commitments, nor has it reported on Scope 3 emissions. Overall, Algoma Steel's emissions data highlights the ongoing challenges in reducing carbon footprints within the iron and steel industry, where significant emissions are generated primarily from direct operations.
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| 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 | - | - | - | - |
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.
Algoma Steel 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.
