• Skip to main content

    Overseas

    Global Steel Climate Council certifies first Asian steel company

    Written by Ethan Bernard


    The Global Steel Climate Council (GSCC) has certified its first Asian steel company.

    On Monday, the GSCC announced the certification of Japan’s Yamato Kogyo Co. Ltd.’s Corporate Average Steel Emissions Intensity (CASEI) and Science-Based Emissions Target (SBET).

    The SBET is to reduce emissions for the company’s hot-rolled steel production by 2030 and 2050.

    “The GSCC welcomes our first certification in Japan and Asia, Yamato Kogyo,” GSCC Executive Director Adina Renee Adler said in a statement.

    “With this milestone, GSCC’s certified community continues to expand, building on a foundation where four certified members have already eliminated nearly 3 million metric tons of CO2 emissions through independently verified reductions,” she added.

    Yamato Kogyo is a Japan-based steel manufacturer specializing in electric-arc furnace production.

    Background

    GSCC’s Steel Climate Standard is described as “a globally applicable, technology-neutral framework based on science-based targets and transparent reporting.”

    The group is a non-profit organization with a mission to reduce steel emissions by creating science-based global standards.

    SMU has previously reported on GSCC’s certification of various Steel Dynamics Inc. (SDI) products.

    Ethan Bernard

    Read more from Ethan Bernard

    Latest in Overseas

    CRU: Global finished steel prices diverge, US the rare bright spot

    CRU: Global finished steel prices have diverged in August, with longs softening while sheet and plate firmed in most regions. Weak construction demand persisted across most longs markets, with the US the notable exception. Higher sheet prices were driven by tightening supply in the US and reduced import attractiveness in Europe, even as APAC sheet prices declined. Plate prices were mostly firmer across APAC, stable to down in Europe, and continued climbing in the US.