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 30 is higher than 67% 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 4,056,455,000 kg CO2e, comprising 2,056,455,000 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 climate commitments, targeting a 20% reduction in combined Scope 1 and Scope 2 emissions intensity by 2025, and a 50% reduction by 2030, using 2018 as the baseline. Additionally, Steel Dynamics aims to achieve carbon neutrality by 2050. For 2024, the company announced a certified, science-based emissions intensity target of 0.80 metric tons CO2e per metric ton of hot rolled steel produced by 2030, representing a 15% reduction from a 2022 baseline. By 2050, they aim to further reduce this to 0.12 metric tons CO2e per metric ton of hot rolled steel. Steel Dynamics' emissions data is self-reported and reflects their commitment to aligning with the Paris Agreement's 1.5°C scenario. The company continues to focus on reducing its carbon footprint while maintaining operational efficiency in the steel industry.
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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 |
| 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.
