Ternium Awarded Climate Action Member Certificate for Fifth Consecutive Year
04/18/2013 - On 9 April 2013, Ternium received the Climate Action award for the fifth consecutive year, an award given by the World Steel Association based on the data provided by member countries on their CO2 emissions.
On 9 April 2013, Ternium received the Climate Action award for the fifth consecutive year, an award given by the World Steel Association based on the data provided by member countries on their CO2 emissions.
Daniel Novegil, Ternium CEO, was present to once more receive this recognition at the latest meeting of the World Steel Association (worldsteel) board of directors, in which the global steel demand panorama was discussed between the member countries. The Climate Action Member certificate documents that the company fulfilled its commitment to participating in the greenhouse gas emissions report, based on its steel production mills. This recognition is valid for two years (2013–2015).
Specifically, Ternium emits 1.5 tons of CO2 per ton of steel produced by its productive matrix, a figure that is below the global average of 1.74 tons, which is based on the percentage of emissions generated by steel producers at a global level (28%). It is also important to underline that a large portion of world steel producers continue to fail to report their emissions, including Chinese steel manufacturers.
Other worldsteel member companies that have been recognized with this certificate include Tenaris, ArcelorMittal, JFE Steel Corporation, China Steel Corporation, Gerdau, POSCO, Nippon Steel and Sumitomo Metal.
At the same time, it is important to highlight that the methodology employed by worldsteel since March 2013 has been certified under an ISO norm that defines a method by which to calculate the intensity of carbon dioxide emissions in iron and steel production. The norm is based on the CO2 data gathering methods used by the steel industry for the last five years.
Launched in 2007, worldsteel has calculated CO2 emissions with the aim of providing steel producers with a reliable point of reference. The number of participating organizations has continually increased since launch, from 38 companies in 2007 to 51 in 2011, which represents over 200 steel mills around the world. Of these 51, 33 steel organizations reported their data on CO2 emissions as part of the program.
