ESG · Green

Why we talk about “green” steel

The sustainable transition of steelmaking is no longer a choice: it is a framework of rules, deadlines and opportunities that reshapes the way steel is produced, imported and financed. Green Steel Vision was created to tackle these issues with those who live them every day.

The new rules that are changing the supply chain

CBAM

The European Carbon Border Adjustment Mechanism: those who import steel must report the embedded emissions and purchase the relevant certificates. Tracking supply-chain CO₂ becomes the condition for importing and competing.

CSRD and ESRS

Sustainability reporting becomes mandatory and standardised for a growing number of companies: ESG risks, opportunities and impacts enter financial statements with the same standing as economic and financial data.

EU-ETS and CO₂ footprint

The obligation to measure and declare the carbon footprint according to international standards (ISO 14064, 14067) is growing. Certified measurement is the starting point of every strategy.

What it means for companies

For steel companies it means acquiring new expertise, measuring and certifying emissions, rethinking suppliers and processes. As Sara Pelucchi (KC & A) pointed out at Green Steel Vision, the biggest mistake is to experience it as a cost.

With a strategic approach and a coordinated team, sustainability instead becomes access to credit, risk reduction and competitive advantage. As early as 2020, with the definition of “sustainable success”, a journey began that today shows a direct link between the soundness of the ESG approach and business results.

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