'%3e%3cpath%20d='M11.9883%2017.2998L4.98926%2010.345L6.04095%209.2998L11.9883%2015.2104L17.9357%209.2998L18.9874%2010.345L11.9883%2017.2998Z'%20fill='%23192134'/%3e%3c/g%3e%3cdefs%3e%3cclipPath%20id='clip0_1062_4923'%3e%3crect%20width='23.9969'%20height='24'%20fill='white'%20transform='translate(-0.00976562%200.799805)'/%3e%3c/clipPath%3e%3c/defs%3e%3c/svg%3e)
The term “green steel” has been thrown around in our industry for a while now. But taking a closer look quickly reveals that there is no universal definition for green steel. Currently, the term is used to describe steel that is produced in a CO2-reduced manner. A similar situation can be observed with certificates and labels. Several producers are starting to have their steel certified as “green.” However, these certificates vary widely so that it becomes difficult for customers to compare.
We have eliminated that problem by developing a categorization that is based on customer demand, steel producer perspectives, steel production technology routes and the GHG Protocol as the leading carbon accounting standard. At the same time, we are convinced that apart from the full elimination of CO2 emissions already substantial reduction adds value along the way of the green transformation. Therefore, our categorization includes several CO2 reduction levels.
Steel categorization
Nexigen® steel categorization
How our categorization works
We divide CO2-reduced steel products into five categories based on the product’s actual carbon footprint from resource extraction and production to the point where they leave our warehouse. They range from START (with a footprint from 1,750 to 1,400 kg CO2 per metric ton) to PRIME (400 to 0 kg CO2 per metric ton).
BALANCED is a separate category for “reduced balance” steel products. Depending on the raw materials and energy sources used, products manufactured within the same production facility may have different carbon footprints. Balancing involves first taking the facility’s total CO2 emissions into account and then calculating the average carbon emissions per metric ton of the manufactured product. Reduced emissions are thus allocated to limited volumes, which reduces the carbon footprint balance. These steel products fall within our BALANCED category.
✓ Methodology based on international standards
Our calculation methodology follows the internationally renowned GHG Protocol.
✓ All emissions from resource extraction and production to the point where they leave our warehouse are included
Emission ratings include production (Scope 1), purchased power (Scope 2) & supply chain (Scope 3 Upstream).
✓ No offsetting is included in CO₂ load categorization
The physical production emissions determine the product’s categorization; CO2-offsetting is not included.
More background information on steel
Contact us
If you would like to buy CO2-reduced products from us or learn more about Nexigen®, please send us a message below. We look forward to hearing from you!
Nexigen® delivers CO₂-reduced steel and metal solutions
With our product categorizations and precise calculation of the product carbon footprint down to the kilogram, customers get full transparency and access to CO₂-reduced steel and metal products.
