SSAB
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SSAB is a Swedish steel producer that has been in operation since 1978. The company has a strong focus on sustainability and has set ambitious targets to reduce its carbon footprint. SSAB's mission is to be a leader in decarbonisation and to create a sustainable future for the steel industry.
Decarbonisation is a key priority for SSAB. The company has set a target to be fossil-free by 2045, which is in line with the Paris Agreement. To achieve this goal, SSAB is investing heavily in renewable energy and is working to reduce its carbon emissions through the use of new technologies and processes.
One of the ways SSAB is reducing its carbon footprint is through the use of corporate energy. Corporate energy is a term used to describe the energy that is generated and consumed by a company. SSAB is working to increase its use of renewable energy sources, such as wind and solar power, to reduce its reliance on fossil fuels.
In addition to using renewable energy, SSAB is also exploring the use of corporate power purchase agreements (PPAs). A corporate PPA is an agreement between a company and a renewable energy provider to purchase a set amount of energy at a fixed price over a set period of time. This allows companies like SSAB to secure a reliable source of renewable energy while also supporting the growth of the renewable energy industry.
SSAB has also taken steps to reduce its carbon emissions through the use of new technologies and processes. One of these technologies is the use of hydrogen as a fuel source. SSAB is currently developing a technology that will allow it to use hydrogen instead of coal to produce steel. This would significantly reduce the company's carbon emissions and help it achieve its goal of being fossil-free by 2045.
In addition to its focus on sustainability, SSAB is also committed to being a responsible corporate citizen. The company has a strong commitment to human rights and is working to ensure that its operations do not have a negative impact on local communities. SSAB is also committed to promoting diversity and inclusion within its workforce and has set targets to increase the number of women in leadership positions.
Overall, SSAB is a company that is committed to sustainability and is taking concrete steps to reduce its carbon footprint. Through the use of renewable energy, corporate PPAs, and new technologies and processes, SSAB is working to create a sustainable future for the steel industry. The company's commitment to being a responsible corporate citizen also sets it apart from other companies in the sector.