Do you know that our steel is twice as sustainable as the European average?
Journey towards sustainability
In our journey towards sustainability we have already achieved a significant milestone: our carbon footprint, encompassing both Scope 1 and 2 emissions(market-based approach electricity emissions), is reduced to a remarkable below 0.10t CO2e per ton of steel. This marks a step forward towards environmental stewardship, setting new standards in the industry for a greener tomorrow.
By ensuring that every billet we supply is below 0.10 CO2e per t of steel, we surpass the average value of European best performers, which is 0.209 CO2e per t of steel*. This performance is even more evident when compared to the average emissions of electric arc furnaces in the United States, evaluated at 0.340 CO2e per t of steel**.
Our Mission
A GREEN WAY
TO MAKE STEEL
Green Way Steel by Železiarne Podbrezová Group is our branded steel, the results of decades of technological investments designed to reduce CO2 emissions.
Our Vision
Our vision is to inspire a global commitment to sustainability and ongoing progress.
NEW BENCHMARK FOR THE STEEL INDUSTRY
Green Way Steel empowers our customers to reach their decarbonization targets. By choosing Green Way Steel certified materials, they are not only driving us to innovate and invest in cutting-edge technologies but also setting a new industry benchmark for a sustainable electric arc furnace steelmaking.
Because only all together we can build a brighter, more sustainable future for the steel industry and our planet.
Sustainability Achievements
<0.10t
CO2e Emissions
Steel billet carbon footprint(scope 1&2) – below 0.10t CO2e emissions per t of steel1
>90%
Scrap input
Weight of scrap input over weight of steel billet output: higher than 90%2
1. The product carbon footprint value refers to Scope 1 & 2 emissions only and has been estimated on the basis of the Greenhouse Gas Verification Report issued by TÜV SÜD Slovakia s.r.o., Jašíkova 6, 821 03 Bratislava on 21 December 2023 – carried out in accordance with STN EN ISO 14064-1:2020 and STN EN ISO 14064-3:2019.
2. Scrap input over steel output is based on the average value over a full year operation.
Green Way Steel
Our steel billets with first-rate environmental footprint from recycled raw material and low-carbon energy sources
A rigorous approach
Our approach of measuring the carbon footprint of steel billets is rigorous and transparent. Our results reflect the relentless dedication to reduce the environmental impact in our daily production, ensuring comprehensive sustainability efforts at every production stage.
We do not use
Carbon offsetting schemes that merely compensate for process emissions
Mass balance allocation of emission savings
Virtual allocation of renewable electricity or renewable gas to specific customers’ orders
89% CO2 Emission reduction: 1990-2023
Embark on our journey of progress—a 89% reduction in CO2 emissions achieved from 1990 to 2023.
This accomplishment required extensive investments and a substantial transformation of our production processes, resulting in top-notch metallurgical and environmental performance.
Achieving Excellence
Optimal metallic charge to maximize scrap usage
Low-carbon electricity primarily sourced from renewables and nuclear energy
5 hydropower plants
Largest roof solar power plant in Slovakia
Heat recovery from furnaces
Skilled and motivated employees sharing the Group vision of a greener future
Sustainable energy process
Green way certification scheme
Upon request, ŽELEZIARNE PODBREZOVÁ products will be accompanied by a declaration of conformity to the Green Way Steel certification scheme, ensuring that top-quality steel billets have been used in the production of your goods.
FAQ
Source:
*Average value of the top 10% most efficient installations in 2016 and 2017 (t CO2 equivalent/t) as established in Annex of Commission Implementing Regulation (EU) 2021/447 (electricity emission factor of 0.376 gCO2e/kWh).
**SMA (Steel Manufacturers Association) – STEELMAKING EMISSIONS REPORT 2022 – https://steelnet.org/steelmaking-emissions-report-2022/ (Accessed: May 24, 2024)