Steel

Net-Zero Steel Initiative

We are an initiative of industry champions working towards net-zero emissions in a critical component of our infrastructure and our lives: steel.

7%

of total energy sector emissions

700M

new cars on the road equivalent

30%

projected growth by 2050

Our Approach

The Net-Zero Steel Initiative (NZSI) aims to put the global steel sector on a path to reach net-zero emissions by 2050 by:

  • Partnering with an international group of steel industry leaders
  • Bringing zero-carbon primary steel production technologies to market by 2030
  • Accelerating the growth of scrap-based production
  • Focusing on supply dimensions
  • Demonstrating how steel can be a key part of a net-zero economy

Our Goals

  • Convene high-ambition stakeholders to drive steel decarbonisation at scale
  • Develop a roadmap to net-zero emissions by 2050
  • Develop statements to governments in critical geographies for steel production and consumption with a coherent set of policy positions that reflect international competitiveness challenges
  • Collaborate with other initiatives to develop private and public demand for low-emissions steel
  • Unlock investment in the first wave of low-emissions primary steel production assets

Join Us

For more information or to engage in our work, please contact: [email protected]