Saarstahl Aktiengesellschaft, commonly referred to as Saarstahl, is a prominent player in the steel industry, headquartered in Völklingen, Germany. Founded in 1970, the company has established itself as a leader in the production of high-quality steel products, serving various sectors including automotive, construction, and mechanical engineering. With a strong operational presence across Europe, Saarstahl is renowned for its innovative solutions in steel manufacturing, particularly in the areas of long products and special steels. The company’s commitment to sustainability and advanced technology has positioned it as a key supplier in the global market. Notable achievements include significant investments in modernising production facilities, which enhance efficiency and product quality, solidifying Saarstahl's reputation as a trusted partner in the steel supply chain.
How does Saarstahl Aktiengesellschaft'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.
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.
Saarstahl Aktiengesellschaft's score of 32 is higher than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Saarstahl Aktiengesellschaft, headquartered in Germany, is committed to significant climate action, although specific carbon emissions data for recent years is currently unavailable. The company has set ambitious targets to produce up to 3.5 million tonnes of CO2-neutral steel annually starting from 2027/2028, focusing on both Scope 1 and Scope 2 emissions. This initiative reflects Saarstahl's dedication to achieving net-zero emissions in the near term. The emissions data for Saarstahl is cascaded from its parent company, SHS - Stahl-Holding-Saar GmbH & Co. KGaA, indicating a structured approach to sustainability within the corporate family. While specific reduction percentages have not been disclosed, the overarching goal aligns with industry standards for climate commitments, showcasing Saarstahl's proactive stance in addressing climate change and reducing its carbon footprint.
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.
Saarstahl Aktiengesellschaft 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.