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Steel Dynamics
Steel Dynamics, Inc. (SDI), headquartered in the United States, is a leading player in the steel manufacturing industry. Founded in 1993, the company has rapidly grown to become one of the largest steel producers in North America, with major operations across the Midwest and Southern regions. Specialising in steel products, including hot-rolled, cold-rolled, and coated steel, Steel Dynamics distinguishes itself through its commitment to sustainability and innovation. The company’s state-of-the-art electric arc furnace technology allows for efficient production while minimising environmental impact. With a strong market position, Steel Dynamics has achieved notable milestones, including consistent growth in production capacity and a reputation for high-quality products. Its dedication to customer service and operational excellence further solidifies its status as a key player in the steel industry.
DitchCarbon Score
How does Steel Dynamics'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 Iron and Steel Production 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
Steel Dynamics's score of 32 is higher than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Steel Dynamics's reported carbon emissions
In 2023, Steel Dynamics, headquartered in the US, reported total greenhouse gas emissions of approximately 4,084,747,000 kg CO2e, which includes 2,750,371,000 kg CO2e from Scope 1, 2,314,679,000 kg CO2e from Scope 2, and 4,041,082,000 kg CO2e from Scope 3 emissions. The company has set ambitious targets to reduce its emissions intensity, aiming for a 20% reduction in Scope 1 and Scope 2 combined emissions intensity by 2025, and a 50% reduction by 2030, using 2018 as the baseline year. Additionally, Steel Dynamics has committed to achieving carbon neutrality by 2050. In alignment with the Paris Agreement's 1.5°C scenario, the company has established a 2030 emissions intensity target of 0.80 metric tons CO2e per metric ton of hot rolled steel produced, representing a 15% reduction from its 2022 baseline of 0.94 metric tons CO2e per metric ton. The emissions data and reduction targets are sourced directly from Steel Dynamics, Inc., with no data cascaded from a parent or related organization. The company continues to focus on sustainability initiatives within the steel industry, aiming to enhance its environmental performance while meeting growing market demands.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 1,867,717,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 2,604,858,000 | 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 |
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.
Steel Dynamics is not participating in any 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.
