Bluescope

Bluescope's reported carbon emissions

BlueScope, an Australian company operating in the basic iron and steel industry, reported approximately 24.1 billion kg CO2e in total emissions for fiscal year 2025. This figure comprises about 8.5 billion kg CO2e of Scope 1 emissions and approximately 1.7 billion kg CO2e of Scope 2 emissions. Scope 3 emissions for the same period amounted to approximately 12.77 billion kg CO2e, with purchased goods and services constituting the largest portion at around 7.26 billion kg CO2e, followed by the use of sold products at approximately 2.03 billion kg CO2e. For fiscal year 2024, BlueScope's total emissions were approximately 22.56 billion kg CO2e, with Scope 1 at about 8.5 billion kg CO2e, Scope 2 at roughly 1.75 billion kg CO2e, and Scope 3 at approximately 12.31 billion kg CO2e. In fiscal year 2023, the company's total emissions were around 21.07 billion kg CO2e, including Scope 1 emissions of approximately 8.51 billion kg CO2e, Scope 2 emissions of about 1.74 billion kg CO2e, and Scope 3 emissions totalling approximately 11.86 billion kg CO2e. BlueScope has set a long-term goal to achieve net zero GHG emissions across its operations by 2050. This commitment includes both Scope 1 and Scope 2 emissions. Furthermore, the company aims to reduce its GHG emissions intensity for steelmaking activities by 12% by 2030, based on 2018 levels. Specific to steelmaking operations at Port Kembla, Glenbrook, and North Star, this intensity reduction target is 12% by 2030 against a FY2018 baseline, measured as tonnes CO2-e per tonne of raw steel produced. BlueScope also targets a 30% intensity reduction for non-steelmaking activities by 2030. The company is actively working on developing its long-term decarbonisation pathway.