Report: Steel Science-Based Target-Setting Guidance

Written By Ferth Manaysay

This guidance offers a granular methodology that includes an iron & steel core boundary aligned with the sector’s carbon budget, differentiated pathways based on scrap input, and a mandatory scope 3 target covering upstream emissions from fuels. It provides a stepwise approach on the target-setting process, and indicates how much and how quickly a company needs to reduce its emissions in line with the Paris Agreement.

Resource: https://sciencebasedtargets.org/resources/files/SBTi-Steel-Guidance.pdf

Authors: Brenda Chan, Karl Downey, Rafal Malinowski, and Sophie Slot, July 2023

Ferth Manaysay
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