XCarb® towards carbon neutral steel
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Introducing ArcelorMittal’s XCarb® green steel certificates
XCarb® is the new brand name for ArcelorMittal’s ongoing global programme of steelmaking innovation targeted at carbon neutral steel by 2050. The initiatives that are part of XCarb® aim to reduce ArcelorMittal’s carbon footprint.
The XCarb® green steel certificate initiative
One of the first initiatives is XCarb® green steel certificates from ArcelorMittal Europe – Flat Products. The certificates are issued by ArcelorMittal Europe – Flat Products and are based on CO2 savings which have been assured by DNV, an independent body. The savings are calculated in accordance with the Greenhouse Gas Protocol for Project Accounting.
Purchasing an XCarb® green steel certificate officially passes the CO2 savings achieved by ArcelorMittal Europe – Flat Products to our customer. This enables the customer to report a corresponding reduction in their Scope 3 CO2 emissions in accordance with the GHG Protocol Corporate Accounting and Reporting Standard.
Text:
ArcelorMittal Europe Communications
Constructalia
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ArcelorMittal