Gunnebo Entrance Control has announced its membership in SteelZero, a global initiative uniting organisations to expedite the shift towards a net-zero steel industry.
By Joining SteelZero, the company has pledged to drive demand for low-emission steel, contribute to policy reviews and foster collective action and knowledge sharing among peers.
Alongside over 40 other businesses that consume more than 10 million tonnes of steel annually, Gunnebo Entrance Control commits to using 50% low-emission steel by 2030 and achieving 100% net-zero steel by 2050.
“Becoming a member of SteelZero acknowledges our responsibility to mitigate environmental impact beyond production and operational emissions,” said Tina Hughan, Global Marketing and Sustainability Director, Gunnebo Entrance Control.
“This membership supports our ambition to become a net-zero business by 2045.
“Through our Project Earth initiative, we will continue to evaluate the environmental footprint of the steel we use and collaborate with SteelZero to find ways to reduce it.”
Steel is found in many products in daily use, from cooking utensils to buildings and entrance control solutions.
Its global production is estimated to account for approximately 7% of the world’s greenhouse gas (GHG) emissions, according to the company.
As such, there is a significant need for the steel industry to decarbonise.
As one of the top five emitting materials in Gunnebo Entrance Control’s purchased goods, reinforced steel accounts for around 20% of total CO2e emissions, highlighting the significant impact of transitioning to low-emission alternatives.
“As part of our commitment, we align with the ResponsibleSteel global definitions of ‘low emission’, ‘near-zero’, and ‘net zero’ steel,” added Hughan.
“This sets a foundational threshold for GHG emissions intensity in steel production, with low emission steel significantly reducing emissions compared to conventional steel.”
“By leveraging collective purchasing power and influence, SteelZero sends a strong demand signal to steelmakers, policymakers and investors, urging the accelerated production of net zero steel.
“Gunnebo Entrance Control is excited to be part of this movement, leading the way to a more sustainable future for the steel industry.”