Nucor

Nucor's reported carbon emissions

## Nucor's Carbon Emissions and Climate Commitments (US-Based Steel Producer) Nucor, a prominent player in the basic iron and steel industry, headquartered in the US, has outlined a series of climate commitments and reported its carbon emissions across various scopes. ### Carbon Emissions Data: For **2025**, Nucor reported a total of approximately **16.5 billion kg CO2e**. This figure comprises: * **Scope 1 emissions**: Approximately **4.64 billion kg CO2e** * **Scope 2 emissions (market-based)**: Approximately **5.43 billion kg CO2e** * **Scope 3 emissions (purchased goods and services)**: Approximately **7.58 billion kg CO2e** In **2024**, Nucor's total emissions were approximately **18 billion kg CO2e**. This breaks down into: * **Scope 1 emissions**: Approximately **4.14 billion kg CO2e** * **Scope 2 emissions (market-based)**: Approximately **5.10 billion kg CO2e** * **Scope 3 emissions (purchased goods and services)**: Approximately **6.53 billion kg CO2e** For **2021**, Nucor reported total emissions of approximately **20.1 billion kg CO2e**, with: * **Scope 1 emissions**: Approximately **7.1 billion kg CO2e** * **Scope 2 emissions**: Approximately **5.7 billion kg CO2e** * **Scope 3 emissions**: Approximately **7.3 billion kg CO2e** Emissions data for previous years shows the following: * **2020**: Total emissions were approximately **17.5 billion kg CO2e** (Scope 1: approximately 4.7 billion kg CO2e; Scope 2: approximately 5.4 billion kg CO2e; Scope 3: approximately 7.4 billion kg CO2e). * **2019**: Scope 1 emissions were approximately **4.39 billion kg CO2e**. * **2018**: Scope 1 emissions were approximately **4.83 billion kg CO2e**. * **2017**: Scope 1 emissions were approximately **4.37 billion kg CO2e**. Nucor's data indicates that Scope 1 emissions have seen fluctuations in recent years, while Scope 2 and Scope 3 emissions are also significant contributors to its overall carbon footprint. ### Climate Commitments and Reduction Initiatives: Nucor has established several ambitious climate targets to drive down its greenhouse gas emissions: * **Net-Zero by 2050 Target**: Nucor is committed to achieving net-zero emissions across Scopes 1, 2, and 3 by 2050. This target is based on the emission standard developed by the Global Steel Climate Council (GSCC), which Nucor helped found. * **Steel Mill Intensity Reduction**: Nucor aims for a **35% combined reduction in steel mill Scope 1 and Scope 2 greenhouse gas intensity by 2030**, using a 2015 baseline. This commitment applies to both direct emissions and indirect emissions from purchased electricity. * **Near-Zero Scope 1 and 2 by Mid-Decade**: Nucor Corporation is working towards reducing its Scope 1 and 2 emissions to near zero by the middle of this decade. * **Absolute Emissions Reduction**: The company is committed to reducing its Scope 1 emissions by **30% from a 2020 baseline by 2030**. Similarly, it aims to reduce its Scope 2 emissions by **30% from a 2020 baseline by 2030**. * **Long-Term Intensity Reduction**: Beyond 2030, Nucor is dedicated to progressively reducing its steel mill carbon intensity towards net-zero. These commitments demonstrate Nucor's strategic approach to decarbonisation, encompassing both near-term intensity targets and a long-term vision for net-zero operations within the steel industry.