Search:

USS announces goal to achieve carbon neutrality by 2050

USS announces goal to achieve carbon neutrality by 2050

On April 21, 2021, United States Steel Corporation expanded its transformational commitment to sustainability by setting an ambitious goal targeting net-zero carbon emissions by 2050. To achieve its net-zero goal for 2050, U. S. Steel expects to leverage its growing fleet of electric arc furnaces (EAF) coupled with other technologies such as direct-reduced iron, carbon-free energy sources, and carbon capture, sequestration and utilization. Achievement of the goal also depends on public-private collaboration across industries and global stakeholders to develop supportive innovative breakthroughs, including access to commercially-available carbon-neutral electricity sources. “Climate change is a global crisis that requires a global response. Today, by announcing our net-zero goal, U. S. Steel is committing to doing our part to support the U.N. Paris Agreement on climate change to achieve global carbon neutrality by 2050.” said U. S. Steel President and Chief Executive Officer David B. Burritt. “With our 120-year history of innovating to solve any challenge,

U. S. Steel intends to be a part of the climate solution.” Burritt continued: “We are dedicated to producing the steels that are essential to our daily lives and innovating to solve the challenges our customers face. Climate change is the challenge of this generation, and doing our part is a core component of our ‘Best for All’ strategy for profitable growth. We believe that we have a path forward that allows us to profitably produce sustainable steels well into the future, and we know that when businesses, governments and people work together to improve our shared destiny, transformative innovations can follow.”

The net-zero ambition builds on U. S. Steel’s existing goal to reduce greenhouse gas emissions intensity by 20% across the company’s global footprint by 2030. It follows the company’s acquisition of technologically-advanced Big River Steel, the only LEED® certified steel mill in the United States. Last month, at Ceres 2021, the company introduced a new sustainable steel product line, verdeX™. This month,U. S. Steel became the first steel company based in North America to join ResponsibleSteel™.

This effort strengthens support for customer and supplier implementation of their own net-zero targets, to ensure process inputs and steel use conform to net-zero. Having already produced more than 14 grades of some of the most advanced high-strength steels at its Big River Steel subsidiary, the company is confident in its ability to use EAFs and other advanced technologies to achieve significant carbon emission reductions.

More articles

Joint Statement

After Meeting Between Government of Slovakia Representatives And Senior Executives of Nippon Steel Corporation / U. S. Steel Košice, February 9, 2024 at 3pm JST

COMMUNITY PROJECTS BRING A VISIBLE CHANGE

On April 18, 2023, the company U. S. Steel Košice announced the names of organizations and projects that will receive support under its Together for the Region 2023 grant program.

We use cookies so that we can provide you with the best user experience possible. More info...