- Managing the reputation of the heavy industry
- Navigating political framework conditions and emerging regulatory requirements for sustainability reporting
- Advocating for comparable green steel standards
- Improving health and safety performance
- Uncontrolled emissions in case of extraordinary events
- Floods as a material physical climate risk
- Lixiviation of potentially harmful contents from slag
- Lead emissions from free-cutting steels
- Contamination of input materials
Swiss Steel Holding AG
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Swiss Steel Holding AG disclosed greenhouse gas emissions of 448 kt CO2e (2023). By scope: Scope 1: 162 kt CO2e (2023); Scope 2: 174 kt CO2e (2023); Scope 3: 112 kt CO2e (2023). 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
448 kt CO2e (2023)
2023
Water Usage
25.2 million m3 (2023)
2023
Waste
168 kt (2023) recovered, 187 kt (2023) disposed
2023
Energy Use
3.7K GWh (2023)
2023
📊 Emissions by Scope (2023)
| 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). | 162 kt CO2e (2023) |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 174 kt CO2e (2023) |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 112 kt CO2e (2023) |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Reduced carbon footprint of products well below the industry average
- Improved CDP Climate Change score to a B rating
- Obtained limited assurance of emissions inventory by DNV
- Reduced annual natural gas consumption by approximately 4 GWh or 750 t of CO2 emissions (Sorel forge press replacement)
- Further energy savings of approximately 7 GWh or 1300 t of CO2 emissions (Sorel forge press replacement)
- Savings of 1500 MWh per year in energy consumption for heating (Emmenbrücke)
- Decreased energy consumption by approximately 2.3 GWh per year (Ugine LED lighting conversion)
- Annual CO2 savings of approximately 350 t (Hagen forklift fleet conversion)
- Reduced diesel consumption by 33% or approximately 40,000 liters each year (Emmenbrücke slag pot carrier)
- CO2 reduction of approximately 300 t per year (Imphy annealing furnace conversion)
🎯 Climate & Sustainability Targets
🔜 Short-term
- Create corporate environmental policy by 2024
- Reduce energy consumption per tonne crude steel to 2.00 MWh/t by 2030
- Reduce freshwater withdrawals by 7% by 2030
- Increase recycled content in stainless steel to 83% by 2030
📅 Medium-term
- Reduce GHG emissions by 23% per tonne of hot-formed steel by 2030
- Reduce Scope 1 and 2 emissions outside the steel core boundary by 42% by 2030
- Reduce Scope 3.1 and 3.3 emissions outside the core boundary by 25% by 2030
🔭 Long-term
- Achieve net-zero emissions by 2038
🌱 ESG Focus Areas
Climate & EnvironmentHealth and SafetyOur PeopleSocial ResponsibilityComplianceHuman RightsSustainability in the Supply Chain