Steel Dynamics

Steel Dynamics reported approximately 8.55 billion kg CO2e in total emissions for 2025. This includes about 1.95 billion kg CO2e from Scope 1, approximately 1.38 billion kg CO2e from Scope 2 (market-based), and around 5.23 billion kg CO2e from Scope 3 emissions. In 2024, the company's total emissions were approximately 8.62 billion kg CO2e, with about 2.85 billion kg CO2e from Scope 1, roughly 1.47 billion kg CO2e from Scope 2 (market-based), and around 5.52 billion kg CO2e from Scope 3.

Steel Dynamics aims to achieve carbon neutrality by 2050 for Scope 1 and Scope 2 emissions, starting from a 2023 baseline. The company has set near-term intensity reduction targets across its electric arc furnace (EAF) steel mills. By 2025, it targets a 20% combined Scope 1 and Scope 2 greenhouse gas (GHG) emissions intensity reduction, compared to a 2018 baseline. This target extends to a 50% reduction by 2030, also against a 2018 baseline. Additionally, as announced in 2024, Steel Dynamics is targeting a 15% reduction in steel mills' GHG emissions intensity by 2030, using a 2022 base year, aligned with the 1.5°C scenario of the Paris Agreement. This translates to an interim 2030 emissions intensity target of 0.80 metric tons of CO2e per metric ton of hot rolled steel produced, with a long-term goal of 0.12 metric tons of CO2e by 2050.