Salzgitter

Salzgitter AG, headquartered in Germany and operating in the basic iron and steel industry, reported total carbon emissions of approximately 23.4 billion kg CO2e in 2025. This includes about 9.36 billion kg CO2e from Scope 1, approximately 131 million kg CO2e from Scope 2 (market-based), and around 13.9 billion kg CO2e from Scope 3 emissions. In 2024, the company's total emissions were approximately 26 billion kg CO2e.

Salzgitter AG has set Science Based Targets initiative (SBTi) approved targets. The company commits to achieving net-zero greenhouse gas emissions across its value chain by 2050. Near-term targets include:

• Reducing Scope 1, 2, and 3 GHG emissions covered by the iron & steel core boundary by 20% per tonne of hot rolled steel by 2028, from a 2021 base year.
• Reducing all other absolute Scope 1 and 2 GHG emissions by 35.6% by 2028, from a 2021 base year.
• Reducing all other Scope 3 GHG emissions from purchased goods and services, fuel and energy-related activities, waste management, use of sold products, and investments by 20% by 2028, from a 2021 base year.
• Reducing absolute Scope 3 GHG emissions from the use of sold products covering fossil fuels sold by 33.6% by 2028, from a 2021 base year.

Long-term targets include:

• Reducing absolute Scope 1 and 2 GHG emissions by 90% by 2045, from a 2021 base year.
• Reducing absolute Scope 3 GHG emissions by 90% by 2050, from a 2021 base year.

These targets for Scope 1 and 2 emissions are consistent with a 1.5°C warming scenario. Salzgitter AG also has net-zero commitments for Scope 1 and 2 by 2045, and for Scope 3 by 2050.