CO2: Go zero until 2050!

The overall view must, of course, also take into account greenhouse gas emissions along the entire value chains and product portfolios.

The GHG Protocol's corporate value chain accounting and reporting standard (Scope 3) is not yet interpreted consistently. Furthermore, the guidelines are not applied uniformly. As a result, a product's carbon footprint (PCF) is currently difficult to determine. The PCF includes the total greenhouse gas emissions generated by a product at different stages of its life cycle. For example, a cradle-to-gate ("from the cradle to the factory gate") PCF takes into account all processes from the extraction of raw materials to the manufacture of precursors to the production of the final product. And it does so right up to the point at which it leaves the company. In addition to the steelmaking process, energy consumption and the extraction of primary and secondary raw materials must also be taken into account. This also includes all the necessary transport and packaging materials. At present, it is not yet possible for us to record this transparently and take it into account in a uniform way. However, we do not want to wait until all the prerequisites for this have been clarified either, so in a first step we are only looking at Scope 1 and 2 of steel production. Here, a large part of the emissions in the overall process can already be recorded and made transparent.