Ssab Sustainability Profile
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 80 is higher than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Ssab's reported carbon emissions
In 2025, SSAB reported significant carbon emissions, with Scope 1 emissions totalling approximately 9,713,000,000 kg CO2e and Scope 2 emissions at about 1,415,000,000 kg CO2e. This brings their combined Scope 1 and 2 emissions to around 11,130,000,000 kg CO2e. The company has set ambitious climate commitments, aiming for a 35% reduction in absolute Scope 1 and 2 emissions by 2032, based on a 2018 baseline. This target is approved by the Science Based Targets initiative (SBTi) and aligns with a commitment to limit global warming to below 2°C. SSAB's long-term goal is to achieve net-zero greenhouse gas emissions across its value chain by 2045. Near-term targets include a 47.9% reduction in absolute Scope 1, 2, and 3 emissions by 2033, with specific reductions of 56.8% per tonne of hot rolled steel and 63% for other Scope 1 and 2 emissions within the same timeframe. Additionally, the company plans to eliminate all CO2 emissions and offer fossil-free steel by 2026. Overall, SSAB's emissions strategy reflects a robust commitment to sustainability and climate action, with clear targets and a focus on reducing their carbon footprint in the iron and steel sector.
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| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | - | 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 | 0,000,000,000 |
| Scope 2 | 1,447,000,000 | 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 | 0,000,000,000 |
| Scope 3 | - | - | - | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | - | - | - | - | - |
How Carbon Intensive is Ssab's Industry?
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Ssab's Scope 3 Categories Breakdown
Ssab's Scope 3 emissions, which increased by 3% last year and increased by approximately 104% since 2017, demonstrating supply chain emissions tracking. A significant portion of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 35% of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 42% of Scope 3 emissions.
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Ssab'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.
Ssab has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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Frequently Asked Questions
Common questions about Ssab's sustainability data and climate commitments