Swiss Steel Holding
Swiss Steel Holding AG, headquartered in Switzerland (CH), is a leading player in the global steel industry, specialising in the production of high-quality long steel products. Founded in 2002, the company has established a strong presence across Europe, North America, and Asia, focusing on sectors such as automotive, machinery, and construction. With a diverse portfolio that includes tool steel, stainless steel, and engineering steel, Swiss Steel is renowned for its innovative solutions and commitment to sustainability. The company’s advanced manufacturing processes and stringent quality controls set it apart in a competitive market. Recognised for its expertise and reliability, Swiss Steel Holding has achieved significant milestones, positioning itself as a trusted partner for customers seeking durable and high-performance steel products.
DitchCarbon Score
How does Swiss Steel Holding'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
Swiss Steel Holding's score of 66 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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Swiss Steel Holding's reported carbon emissions
In 2023, Swiss Steel Holding reported total carbon emissions of approximately 1,484,000,000 kg CO2e, comprising Scope 1 emissions of about 484,000,000 kg CO2e, Scope 2 emissions of approximately 262,000,000 kg CO2e (market-based), and Scope 3 emissions of around 1,377,000,000 kg CO2e. The company has set ambitious climate commitments, aiming for net-zero greenhouse gas emissions across its value chain by 2038. For near-term targets, Swiss Steel Holding plans to reduce Scope 1, 2, and 3 emissions by 23% per tonne of hot-rolled steel by 2030, using 2021 as the baseline year. Additionally, it aims to cut absolute Scope 1 and 2 emissions by 42% and Scope 3 emissions from purchased goods and energy-related activities by 25% within the same timeframe. Long-term goals include a significant reduction of 75.9% in Scope 1, 2, and 3 emissions per tonne of hot-rolled steel by 2038, alongside a 90% reduction in absolute Scope 1 and 2 emissions and Scope 3 emissions from various categories, including waste and end-of-life treatment of sold products. These commitments align with industry standards and reflect Swiss Steel Holding's dedication to addressing climate change and reducing its carbon footprint.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 594,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 315,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 1,491,000,000 | 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.
Swiss Steel Holding 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.
