- High levels of inflation and energy costs impacting building material prices.
- Difficulties with leak identification and operational changes limiting water use improvement.
- Market conditions and commercial decisions reducing the steel recycling rate.
- Considerable variation in Lost Time Injury Frequency Rates across approved producers.
CARES
Greenhouse gas emissions & sustainability report data
In its 2022-2023 reporting, CARES disclosed greenhouse gas emissions of 424 tCO2e (CARES own emissions). Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
424 tCO2e (CARES own emissions)
2022-2023
Renewable Energy
100% (CARES office)
of total energy
✅ Reported Environmental Achievements
- Reduced Global Warming Potential (GWP) for scrap-based EAF steel production.
- Increased steel scrap recycled in approved products.
- Reduced waste to landfill and incineration.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce GWP to 750 kg CO2e per tonne of carbon steel bar produced by 2025 (subject to review).
📅 Medium-term
- Reduce GWP to 500 kg CO2e per tonne of carbon steel bar produced by 2030 (subject to review).
- Reduce CARES direct emissions by 50% by 2030.
🔭 Long-term
- Achieve Net-Zero emissions by 2050.
🌱 ESG Focus Areas
EnvironmentalSocialGovernance