According to the company, the Emmenbrücke, Switzerland, facility already had the lowest carbon intensity within the company, but the move to hydropower will lower it even further. 

“We are proud today to be able to offer our customers steel melted exclusively with the use of Swiss hydro power,” said Swiss Steel Group chief executive Frank Koch. 

“We are thus making not only a decisive contribution to the decarbonization of our industry, but also to a greener, more sustainable society.”

Swiss Steel is buying its power under a newly signed power purchase agreement with Swiss energy producer Axpo Holding. The agreement runs through 2024.