Nucor Corporation announced that the Global Steel Climate Council (GSCC) certified the Company’s Science-Based Emissions Targets (SBET). The SBET submitted by Nucor, a Founding Member Company of the GSCC, sets an ambitious goal of reducing emissions by 2030 for its hot rolled steel production, which includes Scopes 1, 2, and 3 emissions.
Nucor is already one of the cleanest steel producers in the world. The company’s circular production process uses an average of nearly 80 percent recycled scrap and has one-third the GHG intensity of the average traditional extractive steelmaking process using a blast furnace.
Nucor will achieve its goals by increasing the use of clean electricity, carbon capture and sequestration, and near-zero GHG iron making. Nucor will also utilize technologies to reduce its consumption of injection and charge carbon and will reduce the use of natural gas in its production processes.
Courtesy of Nucor Corporation.