Nucor’s Emission Goals Accredited by the Global Steel Climate Council

Nucor Corporation announced today that its Science-Based Emissions Targets (SBET) have been officially certified by the Global Steel Climate Council (GSCC). As a Founding Member of the GSCC, Nucor has outlined ambitious goals to significantly reduce greenhouse gas emissions from its hot-rolled steel production by 2030.

The targets encompass Scopes 1, 2, and 3 emissions, reflecting the company’s commitment to advancing sustainability within the steel industry.

“Nucor is a global leader in low embodied carbon steel production, and they are proving that innovation and vision will drive the steel industry to meet the global community’s Net Zero by 2050 call to action. We congratulate Nucor for investing in initiatives that will see the company meet the ambitious interim and long-term targets that the GSCC has certified,” said Adina Renee Adler, Executive Director, GSCC in the official statement.

In its submission for GSCC certification, independently verified by SCS Global Services, Nucor established a 2023 baseline to set an interim Science-Based Emissions Target (SBET) of 0.975 metric tons of CO2e per metric ton of hot-rolled steel by 2030.

Nucor previously set a net-zero by 2050 target that entails achieving 0.116 metric tons of CO2e per metric ton of hot-rolled steel produced, making Nucor the first diversified steelmaker in the U.S. to set greenhouse gas (GHG) emission reduction targets.

These targets were set in compliance with the GSCC Steel Climate Standard, and Nucor’s long-term target exceeds the Standard’s 2050 objective.

“These targets and the certification provided by our partners at GSCC further demonstrates Nucor’s leadership in providing American made low embodied carbon steel while also giving customers, investors, and policymakers confidence in our roadmap and strategy for achieving our carbon reduction goals,” said Greg Murphy, Nucor’s Executive Vice President of Business Services, Sustainability, and General Counsel.

The GSCC Steel Climate Standard was adopted in August 2023 as a global standard to measure and report steel carbon emissions, providing a framework for members to seek third-party verified certification of the emissions intensity of facility-specific products and to self-audit these emissions yearly to demonstrate continuous progress in decarbonization.

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