Our approach
The U.S. steel production industry is already the world’s most carbon efficient, due to its pioneering role in electric-arc steelmaking, which relies on recycled scrap. As automakers, construction companies, and consumers increasingly seek low-emissions materials to make their products, U.S. steelmakers can double down on their competitive advantage by investing more in industry leading solutions, such as advanced, scrap-based steelmaking, direct reduced iron, sourcing 100% clean power, and advancing green hydrogen and carbon capture and storage.
Globally, the steel industry is responsible for more than 7% of total greenhouse gas (GHG) emissions. Through our Ambition 2030 initiative, Ceres aims to decarbonize the six highest-emitting sectors of the economy, including the steel sector. We work sector-wide, calling on companies to set science-based climate goals, create robust transition action plans, and provide disclosure about how they are achieving interim targets by 2030.Â