Volvo signs SteelZero for net-zero goals
New initiative by Climate Group to reduce steel CO2 emissions Metal Tech News – June 1, 2022
Last updated 7/12/2022 at 2:08pm
Volvo Cars has become the first carmaker to sign up with the SteelZero initiative, a net-zero steel pledge, which commits the European automaker to stringent carbon dioxide-based steel sourcing requirements by 2030, with the final goal of purchasing all its steel from fossil-fuel-free sources by 2050.
Steel production is a major source of CO2 emission for the automotive industry, averaging 33%...