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 66 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 carbon emissions of approximately 10,007,000,000 kg CO2e for Scope 1 and about 1,087,000,000 kg CO2e for Scope 2. The company has set ambitious climate commitments, aiming to reduce absolute Scope 1 and 2 greenhouse gas emissions by 35% by 2032 from a 2018 baseline. Additionally, SSAB has committed to achieving net-zero emissions across its entire value chain by 2045. For near-term targets, SSAB plans to reduce Scope 1, 2, and 3 emissions from purchased goods and services, fuel- and energy-related activities, and upstream transportation and distribution by 47.9% by 2033. They also aim for a 56.8% reduction in emissions per tonne of hot rolled steel produced, which translates to a 55.1% absolute reduction. Furthermore, SSAB intends to cut all other absolute Scope 1 and 2 emissions by 63% within the same timeframe. Long-term, the company has set a target to reduce total Scope 1, 2, and 3 emissions by 93% by 2045, again using 2018 as the baseline year. These commitments align with industry standards for climate action and demonstrate SSAB's dedication to sustainability in the iron and steel sector.
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Get Started| 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 | 00,000,000,000 | 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 | - | 0.00 | - |
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.
