- Significant deterioration in market conditions in New Zealand and Australia.
- High interest rates impacting economy and operations.
- Weakened industry demand across Australasia.
- Significant drop in steel margins.
- Limited availability of scrap steel for EAF production.
- High cost and long lead time to construct EAF furnaces.
- Distant supply chains complicating procurement of lower-embedded carbon materials.
- Recent occurrences of flooding, strong winds and extreme rainfall causing logistics and infrastructure impacts.
Vulcan Steel Limited
Greenhouse gas emissions & sustainability report data
In its 2024 reporting, Vulcan Steel Limited disclosed greenhouse gas emissions of 13.9K tCO2e/year. By scope: Scope 1: 6.5K tCO2e/year; Scope 2: 7.3K tCO2e/year. 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
13.9K tCO2e/year
2024
📊 Emissions by Scope (2024)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 6.5K tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 7.3K tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2024 | 13.9K tCO2e/year |
| 2022-07 to 2023-06 | 14.0K tCO2e/year (Scope 1 & 2) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Progressed implementation of solar panels at three sites.
- Continued exploring installing solar panels into aluminium extrusion sites (planned for completion in 2025).
- Improved distribution models and additional hybrid sites led to reduced fuel usage.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Completion of solar panel installation at aluminium extrusion sites by 2025.
- Improve sales team efficiencies in Sydney, Brisbane and Melbourne by 2025, reducing fuel consumption and emissions by over 10%.
📅 Medium-term
- Further development of hybrid sites.
🔭 Long-term
- Reducing emissions where practicable.
🌱 ESG Focus Areas
Our peopleOur businessOur environmentOur growth