Energy & Utilities
Pioneering Decarbonization in the Energy & Utilities Industry

The iron and steel industry is one of the largest contributors to global carbon emissions, accounting for a significant share of industrial CO emissions. As governments, investors, and consumers push for greener practices, steel manufacturers face the challenge of balancing decarbonization with operational efficiency.

Our decarbonization consulting services for the iron and steel industry are designed to address these challenges, providing strategies that reduce emissions without compromising product quality. Whether through process innovations, energy efficiency improvements, or the adoption of green steel technologies, we help you lead the industry’s transition to a low-carbon future.

 

Our Decarbonization Solutions for Iron and Steel

1. Supply Chain Decarbonization

Decarbonizing the iron and steel industry goes beyond the plant itself. We offer supply chain optimization services to reduce emissions across transportation, logistics, and material handling:

Key Solutions:

Sustainable transportation: Reducing emissions in the logistics chain through fleet electrification and route optimization.

Supplier engagement: Collaborating with raw material and equipment suppliers to lower emissions across the entire supply chain.

Life cycle analysis (LCA): Conducting LCAs to evaluate the carbon footprint of steel products from raw material extraction to end-of-life..

2. Renewable Energy Integration

One of the most effective ways to reduce emissions in steel production is by integrating renewable energy sources into the energy mix. We help steel manufacturers transition to cleaner energy solutions, such as wind, solar, and biomass:

Key Solutions:

On-site renewable energy generation: Developing renewable energy projects within steel plants, such as solar panels or wind turbines.

Green power purchasing: Sourcing renewable electricity from external providers through power purchase agreements (PPAs).

Energy storage solutions: Implementing battery storage systems to ensure stable and consistent renewable energy supply.

Science Based Target Initiative (SBTi)

The Science-Based Targets initiative (SBTi) is a collaboration between CDP (formerly known as the Carbon Disclosure Project), the United Nations Global Compact (UNGC), the World Resources Institute (WRI), and the World Wide Fund for Nature (WWF). It was launched in 2015 with the aim to help companies to set science-based emission reduction targets (SBTs) for reducing their greenhouse gas (GHG) emissions in line with the goals of the Paris Agreement.

The Science Based Targets initiative develops standards, tools and guidance which allow companies to set greenhouse gas (GHG) emissions reductions targets in line with what is needed to keep global heating below catastrophic levels and reach net-zero by 2050 at latest. The Corporate Net-Zero Standard provides a common, robust, science-based understanding of net-zero. It gives companies clarity and confidence that their near- and long-term decarbonization plans are aligned with climate science by providing a clear, consistent and science-based definition of net-zero. By aligning with this Standard, companies can set science-based net-zero targets.

Our way – Setting your decarbonization journey
Our Expertise and Approach
Technical Expertise

Technical Expertise in GHG Protocols and Standards

GHG Protocol: In-depth understanding of the GHG Protocol Corporate Standard, Scope 1, 2, and 3 emissions.

ISO 14064: Knowledge of international standards for GHG emissions reporting and verification.

Science-Based Targets (SBTs): Familiarity with the development and setting of targets aligned with climate science.

Life Cycle Assessment (LCA): Expertise in life cycle assessment methodologies for calculating emissions across the product lifecycle.

Analytical Skills

Quantitative & Analytical Skills

Carbon Accounting Calculations: Ability to calculate direct (Scope 1), indirect (Scope 2), and value-chain (Scope 3) emissions using appropriate methodologies.

Scenario Analysis & Carbon Pricing: Understanding of scenario planning to evaluate the potential impacts of carbon pricing on supply chains.

Cost-Benefit Analysis: Skills in evaluating financial trade-offs between sustainability initiatives and emissions reduction.

 

Data Management

Data Collection & Management Skills

Supply Chain Data Mapping: Ability to trace and collect data from various stages of the supply chain, from raw material sourcing to product disposal.

Emission Factor Databases: Familiarity with key emission factor databases (e.g., DEFRA, EPA, Ecoinvent).

Data Integrity & Assurance: Ensuring the accuracy and reliability of data inputs and identifying gaps in emissions data across the supply chain.

 

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