#steel News
As Asia Pacific sees its first net-zero banking alliance exits, the Singapore lender looks to draw up decarbonisation pathways for two more sectors and has clarified what activities count as transition financing.
Corporate Responsibility
Korean steel giant Posco sued over climate impact of blast furnace expansion plan
A youth group argues that Posco's plan to extend the life of its Gwangyang coal-based blast furnace violates their right to a healthy environment. It is the first lawsuit to challenge a company on its climate impact since a constitutional ruling recognised the state's obligation to protect citizens from climate change.
Scrapping old ships cuts planet-heating emissions, but the risks to people and planet are significant, too.
A record surge of clean energy kept China’s carbon dioxide (CO2) emissions below the previous year’s levels in the last 10 months of 2024.
Carbon & Climate
Analysis: China’s coal-to-chemicals growth risks climate goals
Carbon & Climate
Pause on steel projects shows challenges of China’s green transition
#steel Opinion
The transition towards sustainable practices in heavy industries such as steel and cement production is a challenging task. It is called one of the ‘hard to abate’ sectors for this reason.
Energy
Net zero must mean business
It's time for companies to earn some climate credibility with genuine net-zero emissions targets that align with science. The planet and corporate survival depends on it, writes Ørsted CEO Mads Nipper.
