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 74 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 2024, Swiss Steel Holding reported total greenhouse gas emissions of approximately 1,600,000,000 kg CO2e, comprising 407,000,000 kg CO2e from Scope 1, 177,000,000 kg CO2e from Scope 2 (market-based), and 1,124,000,000 kg CO2e from Scope 3 emissions. This reflects a decrease from 2023, where emissions were about 1,200,000,000 kg CO2e, with Scope 1 at 478,000,000 kg CO2e and Scope 2 at 252,000,000 kg CO2e (market-based). Swiss Steel Holding has set ambitious climate commitments, aiming for a 30% reduction in Scope 1 emissions by 2030 from a 2021 baseline, and a 25% reduction in Scope 2 emissions by the same year. Additionally, the company is committed to achieving net-zero emissions for Scope 1 and Scope 2 by 2050. For Scope 3 emissions, they target a 25% reduction by 2030. Long-term goals include a significant reduction of 75.9% in emissions per tonne of hot-rolled steel by 2038, alongside a 90% reduction in absolute Scope 1 and 2 emissions. The company’s overall net-zero target is set for 2038, aligning with Switzerland's broader climate strategy. These targets are part of Swiss Steel Holding's commitment to the Science Based Targets initiative (SBTi), ensuring that their emissions reduction strategies are consistent with the global goal of limiting temperature rise to 1.5°C.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 709,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 647,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 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.
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.
