Tata Steel - the UK’s largest steel producer – will begin sales of certified low-CO2 steel to customers. The lower CO2 certified steel is based on CO2 savings achieved by Tata Steel in the UK and is verified by independent assurance experts DNV.
As part of the company’s decarbonization journey, named Optemis, certified lower CO2 steel will now be offered to customers under the name Optemis Carbon Lite following growing demand from consumer-facing industries such as construction, automotive, packaging, and white goods makers.
Tata Steel in the UK has the ambition to reduce all CO2 emissions by 30% by 2030 and be a CO2 neutral steelmaker by 2045 – in support of the UK’s ambition to be net-zero by 2050.
The company is also set to commit its Port Talbot site in South Wales to become accredited to ‘ResponsibleSteel’ certification which is the first international standard to set out certifiable requirements for responsible processing and production of steel.
“The launch of Optemis Carbon Lite is an important step in our ongoing decarbonization journey.''Anil Jhanji, Tata Steel’s chief commercial officer
Tata Steel’s chief commercial officer, Anil Jhanji, said: “The launch of Optemis Carbon Lite is an important step in our ongoing decarbonization journey. It shows we are making progress and are able to offer customers certified lower CO2 steel thanks to investments we have made which have had a material impact on lowering our CO2 emissions.”
Jhanji added: “Revenues generated from the sale of Optemis Carbon Lite certificates will be used to fund additional projects generating further CO2 savings. These projects would then be verified by DNV, speeding up our decarbonization. The savings will also help customers achieve their CO2 targets and flow down supply chains.