Industry — Green steel

Green Steel: The Next Big Thing In Sustainable Manufacturing

Green steel Sustainable Manufacturing

Green Steel: The Next Big Thing In Sustainable Manufacturing

Green Steel: The Next Big Thing In Sustainable Manufacturing (Credit: ESG Today) Mercedes-Benz has announced a new commitment to launch green steel in vehicle models by 2025, marking a significant step in the company’s efforts to decarbonize its supply chain. While many automakers have announced electric vehicle goals to address climate change, the industry still faces emissions issues from its supply chain. Steelmaking accounts for 7% to 9% of direct emissions from fossil fuels. According to Mercedes-Benz, a sedan is made from about 50% steel, which accounts for about 30% of carbon emissions in production. As manufacturers around the world...

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