British Steel unveiled its Low-Carbon Roadmap, outlining its commitment to achieving net-zero status through the biggest transformation in its history.
The company has pledged to invest in a range of technologies to deliver net-zero steel by 2050, and significantly reduce its CO2 intensity by 2030 and 2035. Its roadmap, which is in line with UK commitments to the Paris Agreement, will see the business adopt a science-based target in order to validate its reductions.
To help achieve its net-zero targets, British Steel will use a range of techniques and innovations including:
- Assessing and adopting several technology options such as Carbon Capture and Storage, hydrogen, increasing scrap utilisation and Electric Arc Furnace steelmaking
- Steel product innovation to promote the material benefits to end users, for example through light weighting and life extension
- Supporting recycling and reuse, for instance using increased levels of scrap in its steelmaking process and encouraging re-use of steel products at the end of life, where appropriate
- Deploying circular economy and material efficiency methodologies
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