The Swiss Steel Group has taken another important step in its decarbonization strategy. The Group has decided to join the Carbon Disclosure Project (CDP) supply chain program. The Carbon Disclosure Project (CDP) Supply Chain Program is a global program that helps companies measure and reduce CO2 emissions from their supply chain. It helps companies understand and improve the environmental performance of their suppliers and enables them to accurately track their CO2 emissions in the supply chain. As part of this initiative, the Swiss Steel Group has approached its 150 most important suppliers of raw materials and consumables with the aim of obtaining and better understanding their specific carbon footprint.
This enables the Swiss Steel Group to include the environmental performance of its suppliers in the purchasing decision process. In addition, requesting primary emission data directly from the supplier enables a more accurate calculation of the product carbon footprint (PCF) than with secondary emission factors based on averages. In the future, the Swiss Steel Group will be able to provide its customers with a more accurate PCF that better reflects the carbon footprint of their specific products.