{"id":1595,"date":"2023-08-29T09:10:18","date_gmt":"2023-08-29T08:10:18","guid":{"rendered":"https:\/\/steelwatch.org\/?p=1595"},"modified":"2023-10-18T14:51:30","modified_gmt":"2023-10-18T13:51:30","slug":"its-time-companies-use-their-purchasing-power-to-decarbonise-the-polluting-steel-industry","status":"publish","type":"post","link":"https:\/\/steelwatch.org\/commentary\/its-time-companies-use-their-purchasing-power-to-decarbonise-the-polluting-steel-industry\/","title":{"rendered":"It\u2019s time companies use their purchasing power to decarbonise the polluting steel industry"},"content":{"rendered":"\n

Guest Author Vera <\/em>Kauppinen of Friends of the Earth Finland<\/a><\/p>\n\n\n\n

Friends of the Earth Finland recently analysed whether companies that buy steel are using their power to encourage decarbonisation of this high-emissions product. Their new Scoreboard shows the companies are doing very little. <\/em><\/p>\n\n\n\n

Companies are neglecting their supply chain emissions<\/h3>\n\n\n\n

For most companies, decarbonising the supply chain (upstream Scope 3) has become the priority area of action, dwarfing their own direct emissions. Steel is an input supplied to a myriad of companies, and is a carbon-intensive product (almost 2 tonnes of CO2 per tonne of steel). So by now we might expect steel buyers to be driving decarbonisation in the steel supply chain. <\/p>\n\n\n\n

FoE Finland assessed whether 11 companies that buy steel are taking action in essential areas needed for tackling Scope 3 emissions. These companies are major steel procurers operating in Finland across sectors such as machinery, construction, renewable energy, shipbuilding and consumer goods. We asked the following questions:<\/p>\n\n\n\n