Saarstahl Aktiengesellschaft Sustainability Profile
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.
DitchCarbon Score
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.
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.
Industry Benchmark
Saarstahl Aktiengesellschaft's score of 32 is higher than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Saarstahl Aktiengesellschaft's reported carbon emissions
Saarstahl Aktiengesellschaft, headquartered in Germany, has set ambitious climate commitments aimed at achieving significant reductions in carbon emissions. While specific emissions data for the most recent year is not available, the company has outlined a clear strategy to produce up to 3.5 million tonnes of CO2-neutral steel annually starting from 2027/2028. This commitment applies to both Scope 1 and Scope 2 emissions, reflecting their focus on direct emissions from operations and indirect emissions from energy consumption. Saarstahl's climate initiatives are cascaded from its parent company, SHS - Stahl-Holding-Saar GmbH & Co. KGaA, indicating a structured approach to sustainability within the corporate family. The company's near-term targets demonstrate a proactive stance towards net-zero emissions, aligning with industry standards for climate action. As part of their ongoing efforts, Saarstahl is committed to enhancing their sustainability practices, although specific reduction percentages have not been disclosed. The company's initiatives underscore its dedication to addressing climate change and contributing to a more sustainable steel industry.
How Carbon Intensive is Saarstahl Aktiengesellschaft's Industry?
How Carbon Intensive is Saarstahl Aktiengesellschaft's Location?
Saarstahl Aktiengesellschaft's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Saarstahl Aktiengesellschaft has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
