Swiss Steel Holding Sustainability Profile
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 78 is higher than 92% 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 significant carbon emissions, with Scope 1 emissions at approximately 407,000,000 kg CO2e, Scope 2 emissions at about 177,000,000 kg CO2e (market-based), and Scope 3 emissions reaching approximately 1,124,000,000 kg CO2e. The company has set ambitious climate commitments, aiming to reduce its Scope 1 emissions by 30% by 2030 from a 2021 baseline and to achieve net-zero emissions for Scope 1 by 2050. For Scope 2, Swiss Steel Holding targets a 25% reduction by 2030 and commits to net-zero by 2050. Additionally, the company has pledged to reduce its overall greenhouse gas emissions across all scopes by 90% by 2038, with a specific target of reducing emissions per tonne of hot-rolled steel by 75.9% from a 2021 baseline. These targets align with the Science Based Targets initiative (SBTi) and reflect the company's commitment to sustainable practices within the iron and steel sector.
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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 |
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Swiss Steel Holding'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.
Swiss Steel Holding has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
Frequently Asked Questions
Common questions about Swiss Steel Holding's sustainability data and climate commitments