Ørsted Joins SteelZero Initiative

Wind Industry Profile of

The renewable energy company sees low-carbon steel as critical to achieving a carbon-neutral supply chain by 2040, and important to meeting global climate goals.

SteelZero, a global initiative to drive market demand for net-zero emissions steel, was launched this week with support from major steel-using organisations, including Ørsted. The steel industry contributes about 7 % of global carbon emissions, making it one of the largest contributors to climate change. Zero-emissions steel is critical to meeting global climate goals and decarbonising the steel sector and value chain. On track to be carbon-neutral in 2025, Ørsted targets a net-zero carbon footprint and... ... More: Official Press Release Ørsted

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Ørsted, Steel Zero, low-carbon, steel, initiative, CO2, production, climate goal, offshore, supply chain, developer, wind farm, electricity, net-zero