Swiss Steel Holding

Swiss Steel Holding's reported carbon emissions

Swiss Steel Holding, a company in the basic iron and steel and ferro-alloys industry based in CH, has outlined its carbon emissions and climate commitments. In 2024, Swiss Steel Holding reported a Scope 1 and Scope 2 emissions total of approximately 584 million kg CO2e (407 million kg CO2e for Scope 1 and 177 million kg CO2e for Scope 2, market-based). Their Scope 3 emissions for the same year were approximately 1,124 million kg CO2e. The company has set ambitious reduction targets: * **Scope 1 Emissions:** Aims to reduce Scope 1 CO2 emissions by 30% by 2030 from a 2021 baseline. Furthermore, it has committed to reducing all other absolute Scope 1 and 2 GHG emissions by 42% by 2030 from a 2021 baseline. * **Scope 2 Emissions:** Aims to reduce Scope 2 CO2 emissions by 25% by 2030 from a 2021 baseline. * **Net-Zero Goals:** Swiss Steel Holding is committed to achieving net-zero emissions for its Scope 1 and Scope 2 emissions by 2050. More broadly, the company is committed to reaching net-zero greenhouse gas emissions across its value chain by 2038. As of the latest available Science Based Targets initiative (SBTi) data, Swiss Steel Holding has committed to near-term targets for Scope 1 and Scope 2 emissions reductions, as well as a long-term net-zero target for all scopes by 2038. Their SBTi commitments also include a target to reduce GHG emissions by 23.7% per ton of hot-formed steel by 2030 and to reduce other absolute Scope 1 and 2 emissions by 42% within the same timeframe. Long-term, they aim to reduce Scope 1, 2, and 3 emissions covered by the iron and steel core boundary by 75.9% per tonne of hot-rolled steel by 2038, and all other absolute Scope 1 and 2 emissions by 90%.