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Public Profile
Iron and Steel Production
CA
updated a month ago

Algoma Steel

Company website

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.

11

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.

10

Industry Benchmark

Algoma Steel's score of 11 is lower than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.

46%

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Algoma Steel's reported carbon emissions

In 2023, Algoma Steel reported significant carbon emissions, with Scope 1 emissions totalling approximately 4,218,890,000 kg CO2e and Scope 2 emissions at about 24,877,000 kg CO2e. This reflects a Scope 1 GHG emissions intensity of about 1,900 kg CO2e per tonne of iron and steel produced. The previous year, 2022, saw similar figures, with Scope 1 emissions at approximately 3,995,014,000 kg CO2e and Scope 2 emissions around 14,115,000 kg CO2e, indicating a consistent level of emissions in the steel production sector. Algoma Steel's emissions data is cascaded from its parent company, Algoma Steel Group Inc., which provides a comprehensive overview of the company's carbon footprint. Despite the substantial emissions, there are currently no publicly disclosed reduction targets or climate pledges from Algoma Steel, indicating a potential area for future commitment to sustainability and emissions reduction. The company has reported a Scope 1 GHG emissions intensity of about 1,830 kg CO2e per tonne for 2024, suggesting ongoing efforts to monitor and potentially improve emissions performance. However, without specific reduction initiatives or targets, the path forward for Algoma Steel in addressing climate commitments remains unclear.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

2020202120222023
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

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Algoma Steel's primary industry is Basic iron and steel and of ferro-alloys and first products thereof, which is high in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Algoma Steel is in CA, which has a low grid carbon intensity relative to other regions.

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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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