Stelco Holdings Inc. Sustainability Profile
Stelco Holdings Inc., commonly referred to as Stelco, is a leading steel producer headquartered in Hamilton, Ontario, Canada. Established in 1910, the company has a rich history marked by significant milestones in the steel industry, including its emergence as a key player in North America's manufacturing sector. Operating primarily in the steel industry, Stelco focuses on the production of high-quality flat-rolled steel products, serving various markets such as automotive, construction, and energy. Its commitment to innovation and sustainability sets Stelco apart, as the company continually invests in advanced technologies to enhance product quality and reduce environmental impact. With a strong market position, Stelco Holdings has garnered recognition for its operational excellence and customer-centric approach, making it a trusted name in steel manufacturing. The company remains dedicated to delivering unique solutions that meet the evolving needs of its diverse clientele.
DitchCarbon Score
How does Stelco Holdings Inc.'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
Stelco Holdings Inc.'s score of 28 is higher than 65% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Stelco Holdings Inc., headquartered in Canada, currently does not have specific carbon emissions data available for the most recent year. The company is a current subsidiary of Cleveland-Cliffs Inc., which may influence its climate commitments and emissions reporting. As of now, Stelco has not outlined any specific reduction targets or initiatives in its climate strategy. The absence of documented reduction targets suggests that the company is still in the process of developing its climate action framework. Given its relationship with Cleveland-Cliffs Inc., any emissions data or climate commitments may be inherited from this parent company. However, no specific emissions figures or targets have been cascaded from Cleveland-Cliffs Inc. to Stelco Holdings Inc. at this time. In summary, while Stelco Holdings Inc. is part of a larger corporate family that may have climate initiatives, it currently lacks detailed emissions data and defined reduction commitments.
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| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | - | - | 00,000,000,000 | - | - | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
| Scope 2 | - | - | 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 | - | - | - | - | - | - | - | - | - | - |
How Carbon Intensive is Stelco Holdings Inc.'s Industry?
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Stelco Holdings Inc.'s Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Stelco Holdings Inc. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
