We are living in a climate emergency. Heavy industry must change.
Basic materials produced by heavy industry are essential building blocks for modern societies, laying the foundations for cities, transport systems and renewable energy infrastructure. Yet the way we consume and produce these materials is speeding up climate chaos. Steel and concrete are among the most emission-intensive commodities in the world, but the technologies to produce lower-emissions alternatives already exist. Companies, financiers and governments must commit and show willpower for change – and that’s why Just Shift exists.
Report: Nordic Investors Support Metallurgical Coal Expansion
There is much talk about green steel, but the reality is: The majority of steel is still produced using metallurgical coal, producing 11% of global CO2 emissions. Yet new mines keep popping up, blocking the transition to a greener future, even if the expansion is not necessary.
Steel procuring companies lack action to reduce emissions in steel supply chain
We assessed the sustainability of large steel procuring companies’ supply chains on a general level, as well as for steel specifically, to set an outlook for the sector and evaluate what actions are needed next.
