All publications about:
decarbonisation pathways
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As 2024 draws to an end, optimism on steel sector decarbonisation can feel in short supply. While impacts of the climate crisis accelerate, emissions are stubbornly high, sector debates are more focused on trade protection than on climate protection, and governments and companies are wobbling on their ambition. But stepping back, it is not all gloom. 2024 may be the year when tipping points were reached, and cracks in the status quo became undeniable.
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German steel producer thyssenkrupp is being urged to not step back from its decarbonisation commitments, with the international climate organisation, SteelWatch calling on it to stay the course on its decarbonisation plans for its Duisberg plant so it, and Europe, is fit for the future of steelmaking.
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Tokyo, Japan, 29 August 2024 - International climate organisation SteelWatch reacts to the announcement of Nippon Steel’s intention to make additional investments in coal-based steel production at the U.S. Steel Gary and Mon Valley sites, in a desperate and dangerous attempt to secure its acquisition (1).
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ArcelorMittal, the world’s second-largest steelmaker, is failing in its claim to be a leader on climate change, having spent just one third of the USD1.5 billion figure it pledged to invest in decarbonisation over the past three years, according to a new report from advocacy group SteelWatch.
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Four prominent steel companies have announced plans to reline blast furnaces, which are used to produce coal-based steel, that will lock in CO2 emissions of almost 500 Mt. SteelWatch and Solutions forOur Climate (SFOC) shed light on the alarming investments made by steel companies in coal-based steel production, driving millions of additional tonnes of emissions and running counter to their nations’ climate pledges. The commentary underscores the pressing necessity for transitioning to greener alternatives and intensifying climate scrutiny in investment choices to steer clear of coal-based steel production. It also underscores the implications for these companies’ competitiveness and the planet’s stability.
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Slide presentation from the SteelWatch launch and findings from the debut report "Sunsetting Coal in Steel Production". Presented on July 11, 2023 in an online…
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It is exciting to launch SteelWatch. But why SteelWatch? Why do we exist? The reasons for SteelWatch to exist are worrisome, galvanising, and among the best-hidden secrets in the climate change space.
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While there is emerging consensus on the fossil free steel sector of 2050, there is much debate and disagreement on the transition to get there. Expert Chris Bataille shares his wisdom.
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SteelWatch director Caroline Ashley challenges the complacency and greenwashing we hear from steel companies about decarbonisation. She sets out the urgency we need for any hope of Paris alignment and introduces SteelWatch.
