Driving transparency, comparability and decarbonisation progress
ResponsibleSteel provides the tools to support the steel industry and its stakeholders to reduce the GHG emissions associated with steelmaking, through the use of a consistent, comparable method of measurement and a universal classification system of decarbonisation progress.
Here we publish extracts from Principle 10 of the ResponsibleSteel International Production Standard V2.1.1 alongside relevant guidance material, that may serve as useful references for instruments designed by policymakers, demand-side and finance initiatives.
Fundamentals for GHG Emissions Accounting and Classification
This document aims to improve the comparability, consistency and transparency of emissions accounting and reporting across the global steel industry by showcasing three of Principle 10’s fundamental components.
To see what has and has not been extracted from Principle 10 of the ResponsibleSteel International Production Standard, please see the redacted version (coming soon).
What's included?
How does this document relate to certification and claims?
No claims relating to ResponsibleSteel certification, or its equivalency, or Decarbonisation Progress Level achievement, can be made based on this document alone.
The document only represents a subset of Principle 10, which in full also addresses corporate commitments to the Paris Agreement, climate-related financial disclosures, and additional site-level emissions reductions. Nor does it include any of the other 12 Principles outlined in the Production Standard relating to the responsible production of steel.
