Steel Dynamics
Steel Dynamics, Inc. (SDI), headquartered in the United States, is a leading player in the steel manufacturing industry. Founded in 1993, the company has rapidly grown to become one of the largest steel producers in North America, with major operations across the Midwest and Southern regions. Specialising in steel products, including hot-rolled, cold-rolled, and coated steel, Steel Dynamics distinguishes itself through its commitment to sustainability and innovation. The company’s state-of-the-art electric arc furnace technology allows for efficient production while minimising environmental impact. With a strong market position, Steel Dynamics has achieved notable milestones, including consistent growth in production capacity and a reputation for high-quality products. Its dedication to customer service and operational excellence further solidifies its status as a key player in the steel industry.
DitchCarbon Score
How does Steel Dynamics'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
Steel Dynamics's score of 33 is higher than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Steel Dynamics's reported carbon emissions
In 2023, Steel Dynamics reported total greenhouse gas emissions of approximately 2,056,455,000 kg CO2e for Scope 1, 2,314,679,000 kg CO2e for Scope 2 (with a market-based total of 2,028,292,000 kg CO2e), and 4,041,082,000 kg CO2e for Scope 3 emissions. The combined Scope 1 and 2 emissions totalled about 4,084,747,000 kg CO2e. Steel Dynamics has set ambitious climate commitments, aiming for a 20% reduction in combined Scope 1 and Scope 2 emissions intensity by 2025, compared to a 2018 baseline. Furthermore, the company targets a 50% reduction in emissions intensity by 2030. Long-term, Steel Dynamics has committed to achieving carbon neutrality by 2050, encompassing both Scope 1 and Scope 2 emissions. The company’s emissions intensity figures indicate a focus on improving efficiency in its Electric Arc Furnace (EAF) steel mills, with reported emissions intensity of approximately 390 kg CO2e per metric ton of crude steel production in 2023. These initiatives reflect Steel Dynamics's proactive approach to addressing climate change and reducing its carbon footprint in the steel industry.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 1,867,717,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 2,604,858,000 | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| 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.
Steel Dynamics is not participating in any 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.
