Aperam

Aperam's reported carbon emissions

Aperam, a Luxembourg-based company in the basic iron and steel and ferro-alloys industry, has demonstrated progress in reducing its carbon footprint. In 2024, the company reported total emissions of approximately 5.3 billion kg CO2e, comprising Scope 1 emissions of about 860 million kg CO2e and Scope 2 emissions (market-based) of approximately 196 million kg CO2e. Scope 3 emissions for 2024 were reported at roughly 4.2 billion kg CO2e. In 2023, Aperam's total emissions were approximately 5.0 billion kg CO2e, with Scope 1 emissions at about 784 million kg CO2e and Scope 2 market-based emissions at approximately 185 million kg CO2e. Scope 3 emissions in 2023 were reported at roughly 3.9 billion kg CO2e. Aperam has set ambitious climate commitments, including achieving net-zero emissions by 2050. The company has also made significant strides towards near-term reduction targets, having achieved its objective of a 30% reduction in CO2e intensity against a 2015 baseline by 2030, with an intensity of 0.30 tonnes of CO2e per tonne of crude steel (tcs). This is further supported by a reported 20% reduction in Scope 1+2 CO2 footprint compared to 2015. The company's Scope 2 emissions intensity also aligns with this objective. The company's sustainability reporting indicates a commitment to carbon neutrality by 2050. Aperam is also identified as a "BA1.5 member" by the Science Based Targets initiative (SBTi), aligning its climate targets with a 1.5°C warming scenario. While specific Scope 1 and Scope 2 emissions data for 2022 are available, Scope 3 data for that year were not disclosed. For 2021, Scope 1 and Scope 2 emissions totalled approximately 923 million kg CO2e. In 2019, total emissions were reported at approximately 781 million kg CO2e, with Scope 1 at about 680 million kg CO2e, Scope 2 at approximately 281 million kg CO2e, and Scope 3 at around 101 million kg CO2e. Earlier data from 2017 shows Scope 1 and 2 emissions totalling approximately 1.1 billion kg CO2e. Aperam's commitment to reducing its environmental impact is central to its operational strategy.