This profile hasn't yet passed our validation checks
Submit your email to push it up the queue
SHS - Stahl-Holding-Saar GmbH & Co. KGaA
SHS - Stahl-Holding-Saar GmbH & Co. KGaA, headquartered in Germany, is a prominent player in the steel industry, specialising in the production and processing of high-quality steel products. Founded in 2001, the company has established itself as a leader in the European market, with significant operations across various regions, including Saarland and beyond. SHS focuses on core business areas such as steel manufacturing, recycling, and innovative processing techniques, which set it apart from competitors. The company is renowned for its commitment to sustainability and efficiency, contributing to its strong market position. With a history marked by strategic milestones, SHS continues to drive advancements in steel technology, ensuring its products meet the evolving needs of diverse industries.
DitchCarbon Score
How does SHS - Stahl-Holding-Saar GmbH & Co. KGaA'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 Business Services 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
SHS - Stahl-Holding-Saar GmbH & Co. KGaA's score of 47 is higher than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
SHS - Stahl-Holding-Saar GmbH & Co. KGaA's reported carbon emissions
SHS - Stahl-Holding-Saar GmbH & Co. KGaA, headquartered in Germany, has set ambitious climate commitments aimed at significantly reducing its carbon emissions. Although specific emissions data for the most recent year is not available, the company has established clear reduction targets for the coming years. By 2030, SHS aims to reduce its Scope 1 and Scope 2 greenhouse gas emissions by approximately 55% from a 2021 baseline. This commitment is part of a broader strategy to achieve net-zero emissions across all scopes by 2050. The company has also set a near-term target to reduce its Scope 1, 2, and 3 emissions by 37% per ton of hot rolled steel produced by 2030, alongside a 25% reduction in absolute Scope 3 emissions related to purchased goods and services, fuel and energy-related activities, and other upstream and downstream processes. Long-term goals include a remarkable 96% reduction in Scope 1, 2, and 3 emissions per ton of hot rolled steel by 2050, as well as a 93% reduction in remaining absolute Scope 3 emissions. These targets are aligned with the Science Based Targets initiative (SBTi) and reflect the company's commitment to maintaining a trajectory consistent with limiting global warming to 1.5°C. SHS's climate strategy is part of a cascading commitment from its parent organization, ensuring that its targets are integrated within a larger corporate sustainability framework. The company is actively working towards these goals, demonstrating a proactive approach to addressing climate change within the iron and steel sector.
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
SHS - Stahl-Holding-Saar GmbH & Co. KGaA is participating in some 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.
