Ssab

Ssab, headquartered in Sweden, operates in the Iron and Steel Mills and Ferroalloy Manufacturing industry. For the year 2025, Ssab reported total greenhouse gas emissions of approximately 21.6 billion kg CO2e. This figure includes Scope 1 emissions of about 9.8 billion kg CO2e, and Scope 2 emissions (market-based) of approximately 896 million kg CO2e. Scope 3 emissions accounted for about 10.9 billion kg CO2e.

Ssab has established ambitious climate commitments, with targets approved by the Science Based Targets initiative (SBTi). These commitments include a long-term goal to be completely fossil-free by 2045. Near-term targets aim for a reduction of 35% in absolute Scope 1 and 2 greenhouse gas emissions by 2032, compared to a 2018 baseline. Furthermore, Ssab aims to reduce its total greenhouse gas emissions (Scope 1, 2, and 3) by 47.9% by 2033, also against a 2018 baseline. The company plans to offer fossil-free steel to the market in 2026 and to eliminate all CO2 emissions by the same year. Ssab is also committed to reducing absolute Scope 1 and 2 GHG emissions by 63% and other absolute Scope 3 GHG emissions (from purchased goods and services, fuel- and energy-related activities, and upstream transportation and distribution) by 37.5% by 2033, all compared to a 2018 base year. In line with its long-term net-zero ambition, Ssab aims for a significant 93% reduction in absolute Scope 1, 2, and 3 GHG emissions by 2045 from a 2018 baseline.