Steel Dynamics, Inc.

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023, 2022, 2021

By scope: Scope 1: 2.8M tCO2e; Scope 2: 2.3M tCO2e; Scope 3: 4.0M tCO2e. 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.

⚡
Renewable Energy
10%
of total energy

📊 Emissions by Scope (2023)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).2.8M tCO2e
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.2.3M tCO2e
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).4.0M tCO2e

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

📈 Emissions by Report Period

Report periodHeadline emissions figure reported
20227.0M tCO2e (companywide)

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Reduce steel mills’ Scope 1 & 2 GHG emissions intensity by 20% by 2025 (achieved)
  • Increase renewable electrical energy use to 10% at steel mills by 2025 (achieved)

📅 Medium-term

  • Achieve 30% renewable electricity by 2030

🔭 Long-term

  • Carbon neutral steel mills by 2050

🌱 ESG Focus Areas

Climate ChangeSafetyDiversity & InclusionCommunity EngagementCircular Economy

⚠️ Challenges & Risks +

  • Reducing GHG emissions further to achieve carbon neutrality by 2050
  • Increasing renewable energy usage

📋 Report Information

Reporting Period: 2023
Frameworks: GRI, SASB Iron & Steel Producers Standards