Thyssenkrupp Aims to Cut Emissions by 30% Over Next Decade
02 Julio 2019 - 7:18AM
Noticias Dow Jones
By Maitane Sardon
Germany's Thyssenkrupp AG (TKA.XE) on Tuesday said it aims to
reduce its carbon-dioxide emissions by 30% over the next ten years
as part its goal to align its strategy with the Paris Agreement on
climate change.
The group--that produced 24 million tons of CO2 emissions last
fiscal year--said it wants to reduce emissions generated by its
products by 16% through 2030. It also aims to be carbon-neutral by
2050.
The announcement follows a similar move by European steelmaker
ArcelorMittal(MT.FR) which said in May that it aims to be carbon
neutral in its European operations by 2050.
"The threats of climate change are affecting us all," said
Thyssenkrupp's CEO Guido Kerkhoff."As a globally operating
industrial company, we have a particularly large lever [of
greenhouse gas emissions]. We take this responsibility very
seriously."
The announcement comes as the steelmaking industry, which
generates between 7% and 9% of the world's CO2 according to the
World Steel Association, faces increasing pressure from
environmentally-minded investors.
Write to Maitane Sardon at maitane.sardon@dowjones.com
(END) Dow Jones Newswires
July 02, 2019 08:03 ET (12:03 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
ArcelorMittal (EU:MT)
Gráfica de Acción Histórica
De Mar 2024 a Abr 2024
ArcelorMittal (EU:MT)
Gráfica de Acción Histórica
De Abr 2023 a Abr 2024
