The surge in global population will lead to rising energy demand and urbanization, and the global demand for steel is increasing while the industry is responsible for 7 % of world's carbon emissions. The world will not meet the ambitious targets to stay within 1.5 degrees without the heavy sectors’ green transition.
Our President & CEO Heikki Malinen, together with André Küüsvek, President & CEO of Nordic Investment Bank, Laura-Marie Töpfer, Chief Sustainability Officer at Microsoft, and Subhagata Mukherjee, VP Global Head of Sustainability at Nokia, discussed about the future of low-carbon solutions to accelerate the green transition at Green steel accelerating decarbonization across industries event at COP28.
Watch the key insights from the panel discussion
Stainless steel plays a pivotal role in accelerating the green transition across from basic structures of society to industry, mobility, and household appliances. The world does not need more things, it needs things that last. With the industry’s lowest carbon footprint, we support our customers to reduce their value chain emissions – the most challenging emissions to reduce.