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 76 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 2024, SSAB reported total greenhouse gas emissions of approximately 20,947,000,000 kg CO2e, with Scope 1 emissions at about 9,483,000,000 kg CO2e, Scope 2 emissions at approximately 1,260,000,000 kg CO2e, and Scope 3 emissions reaching about 10,204,000,000 kg CO2e. The company has set ambitious targets to reduce its emissions, committing to a 35% reduction in absolute Scope 1 and 2 emissions by 2032 from a 2018 baseline. Furthermore, SSAB aims for a significant reduction of 47.9% in absolute Scope 1, 2, and 3 emissions by 2033, with a long-term goal of achieving net-zero emissions across its value chain by 2045. SSAB's climate commitments are validated by the Science Based Targets initiative (SBTi), which aligns with the goal of limiting global warming to below 2°C. The company has also pledged to offer fossil-free steel by 2026, aiming to eliminate all CO2 emissions associated with its production processes. In 2025, SSAB's emissions data indicates a total of approximately 1,200,000,000 kg CO2e for Scope 1 and 2 combined, reflecting ongoing efforts to enhance sustainability practices. The company’s comprehensive approach to emissions reduction underscores its commitment to environmental stewardship and aligns with industry standards for climate action.
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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 | - | - | 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 | - |
| Scope 3 | - | - | - | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | - | - | - | 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.
