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 92 is higher than 100% 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 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 a 35% reduction in absolute Scope 1 and 2 emissions by 2032, based on a 2018 baseline. Additionally, SSAB plans to achieve a 55.1% reduction in absolute emissions across all scopes by 2033. SSAB is also committed to reaching net-zero greenhouse gas emissions across its entire value chain by 2045. This includes a target to reduce Scope 3 emissions from purchased goods and services, fuel and energy-related activities, and upstream transportation and distribution by 37.5% within the same timeframe. Furthermore, SSAB aims to reduce emissions intensity by 56.8% per tonne of hot-rolled steel by 2033. These targets have been validated by the Science Based Targets initiative (SBTi) and align with the goal of limiting global warming to well below 2°C. SSAB's headquarters is located in Sweden (SE), and the company is actively working towards a sustainable future in the steel industry.
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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 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.
