Ssab
SSAB, or Svenskt Stål AB, is a leading global steel company headquartered in Sweden (SE). Established in 1978, SSAB has carved a niche in the steel industry, focusing on high-strength steel and value-added services. With major operations across Europe, North America, and Asia, the company has consistently pushed the boundaries of innovation in steel production. SSAB is renowned for its unique offerings, including Hardox® wear plate and Domex® structural steel, which are designed to enhance durability and performance in various applications. The company has achieved significant milestones, such as its commitment to sustainability through the development of fossil-free steel production methods. As a market leader, SSAB continues to set industry standards, making it a preferred choice for customers seeking advanced steel solutions.
DitchCarbon Score
How does Ssab'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 Metal Fabrication 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
Ssab's score of 82 is higher than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Ssab's reported carbon emissions
In 2023, SSAB reported total carbon emissions of approximately 21,547,000,000 kg CO2e, comprising 9,947,000,000 kg CO2e from Scope 1, 1,157,000,000 kg CO2e from Scope 2, and 10,444,000,000 kg CO2e from Scope 3 emissions. The company has set ambitious climate commitments, aiming for net-zero greenhouse gas emissions across its entire value chain by 2045. SSAB's near-term targets include a 47.9% reduction in absolute Scope 1, 2, and 3 emissions from purchased goods and services, fuel- and energy-related activities, and upstream transportation and distribution by 2033, using 2018 as the base year. Additionally, they aim for a 56.8% reduction in emissions per tonne of hot rolled steel, which translates to a 55.1% absolute reduction. The company also commits to reducing all other absolute Scope 1 and 2 emissions by 63% and Scope 3 emissions from specific categories by 37.5% within the same timeframe. Long-term, SSAB targets a 93% reduction in absolute Scope 1, 2, and 3 emissions by 2045, again using 2018 as the baseline. These commitments align with industry standards and reflect SSAB's dedication to addressing climate change and reducing its carbon footprint in the steel production sector.
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| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 9,578,000,000 | 0,000,000,000 | 0,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 0,000,000,000 | 00,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 1,220,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | - | - | - | 0,000,000,000 | 0,000,000,000 | - | 0,000,000,000 | 0,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
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.
Ssab is committed to some reduction initiatives 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.
