The Institute of Scrap Recycling Industries (ISRI) has announced that it is supporting the Global Steel Climate Council’s (GSCC) newly released Steel Climate Standard as the global standard to measure and report steel carbon emissions.
The Steel Climate Standard has three important objectives: provide a single framework for steel product certification and company emissions target-setting that applies to all steel producers equally on a global basis; allow all steel customers to know the carbon emissions associated with the steel products they are purchasing; and create an industry standard for achieving the emissions reduction goals in the Paris Climate Agreement by 2050.
“The GSCC Steel Climate Standard is the right approach to leveling the playing field among steel producers, while also recognizing the key role that recycled steel plays to meet decarbonization goals in the decades ahead,” Robin Wiener, ISRI president, said.
The US produces more than 70 percent of steel using energy efficient and lower-emission electric arc furnaces.
