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A vision for carbon neutral steel by 2030

Carbon Neutral by 2030 (CN30) is a wide-reaching program that will transform industrial manufacturing for a truly sustainable future.

Sanjeev Gupta made the keynote speech at the LME Metals Seminar 2020, highlighting the steps that we are taking to reach our CN30 target across our three industry pillars – LIBERTY Steel GroupALVANCE Aluminium Group and SIMEC

Steel production accounts for approximately 9% of global emissions with global demand expected to increase by more than a third by 2050. For the steel industry to follow a trajectory compatible with the goals of the Paris Agreement and the net zero ambitions announced by governments in the EU, UK, US, Japan and China, something needs to change.

We believe that climate action will spur the renaissance of the steel industry in Europe, Australia and the US. Along with the rest of the GFG Alliance, LIBERTY Steel aims to be carbon neutral within our existing operations by 2030 – this is our CN30 pledge.

This doesn’t mean we will have no emissions or that we will abandon traditional practices overnight. Experience has taught us that only a mixed model can work. But the transition can begin in earnest today with existing technologies – and more quickly than many others think. We plan to lead the industry in this direction.”

Sanjeev Gupta
Executive Chairman

Recognised Leader

Our GREENSTEEL approaches are recognised as leading sustainable practices within the industry.

Steel Arising Report

This report can act as a roadmap for the transformation of steel production in the UK, allowing British industry to lead the way in making what has historically been an energy intensive and dirty industry one that is clean, sustainable and maintains jobs. The approach set out in this report champions a new future for UK industry through the implementation of low-carbon methods for steel and other metals industries.

Julian Allwood

Professor of Engineering and the Environment,
University of Cambridge

On the launch of his ‘Steel Arising’ report, Julian said:

“This will not happen overnight, but the process has already begun. With private investment and government support, our steelmaking industry can once again lead the world and thrive at the same time.”