Steel’s full potential as a sustainable material will only be fully realised if we can find ways to make it that either reduce our own emissions or those of other industries. Our investments in this area will be critical.
Our approach to date
We have invested substantial amounts in researching new and more efficient methods to produce steel. Across the whole European steel sector, carbon emissions per tonne have been cut by 50% in the last 40 years, and many steel plants are now operating close to their maximum efficiency, with the technology currently available. A number of technological innovations are possible, particularly to find productive uses for our carbon emissions. We are working with a range of partners to try to do this, with the ultimate goal of finding a solution that will make a considerable difference to the carbon footprint of steel production.