Tata Steel UK to adopt Science Based Targets Initiative (SBTi) as a step on the path to net zero

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Source of information: Tata Steel

Tata Steel – the UK’s largest steel producer – is to formally adopt Science Based Targets with respect to its programme of emission reductions and net zero aspirations. The company is also set to commit its Port Talbot site in South Wales to become accredited to ‘ResponsibleSteel’ certification which is the first international standard to set out certifiable requirements for responsible processing and production of steel.

Tata Steel’s Chief Commercial Officer, Anil Jhanji, announced the decision during a keynote speech to industry peers last week at the UK Metals Expo exhibition at Birmingham’s NEC.

He said: “We are on a journey to decarbonise, to make a better world for the future. These commitments to SBTi and ResponsibleSteel are a clear statement to the world and to our customers that we mean business. This will include decarbonising every aspect of our business from our procurement of raw materials and energy, to our iron and steelmaking at Port Talbot and through our downstream coating, tube-making and further processing operations, and logistics.

“We have always valued collaborations with our customers, suppliers and academic experts, as well as independent bodies and groups such as the Science Based Targets initiative (SBTi) and ResponsibleSteel. “

And he added: “It is important we not only continue on our journey to reduce our emissions and reach net-zero carbon by 2045, but also to do so in a validated way, measuring our progress according to robust and agreed measurement processes. We firmly believe signing up to such partnerships will help us achieve those goals.”

ResponsibleSteel CEO, Annie Heaton, said: “We are delighted Port Talbot has announced its intention to join with industry leaders globally and aim for certification against the ResponsibleSteel Standard. This is an indication of the site’s commitment not only to decarbonisation but to the core interests of the local community.”


NOTES:

  • Tata Steel Group signed up to become a member of Responsible Steel in August 2020
  • The Science Based Targets initiative (SBTi) is driving ambitious climate action in the private sector by enabling companies to set science-based emissions reduction targets.
  • Science-based targets show companies how much and how quickly businesses need to reduce their greenhouse gas emissions to prevent the worst impacts of climate change, leading them on a clear path towards decarbonisation. By guiding companies in science-based target setting, SBTi enables them to tackle climate change while seizing the benefits and boosting their competitiveness in the transition to a net-zero economy.
  • Not-for-profit organisation, ResponsibleSteel is the industry’s first global multi-stakeholder standard and certification programme.