Severfield has signed up to SteelZero, an global initiative hoping to speed up the transition to a net zero steel industry. Organisations that join SteelZero make a public commitment to procure only net zero steel by 2050.
This means that in 29 years鈥� time, any embodied carbon still in the steel that they buy will have to have been 'offset' by funding other emissions-reduction initiatives (e.g. tree planting).
The SteelZero initiative is led by international non-profit organisations, the Climate Group and Responsible Steel. Other signatories include BHC, Bourne Group, Grosvenor Britain & Ireland, Landsec, Lendlease, Mace, Multiplex, 脴rsted and WSP UK.
Severfield chief executive Alan Dunsmore said: 鈥淏y signing up to SteelZero we are sending a powerful message, which we hope will help to shift global markets and policies towards the responsible production and sourcing of steel.聽 We believe this is a significant step by Severfield in our commitment to creating a sustainable future for our business and the world around us.鈥�
Jenny Chu, head of energy productivity initiatives at the Climate Group, said: 鈥淲e are delighted that Severfield, one of the UK鈥檚 leading structural steel construction companies, has become the latest member to join SteelZero. The initiative gives forward-looking companies a springboard from which they can use their collective purchasing power and influence to demonstrate there is strong demand for clean and sustainable steel.鈥�
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