ResponsibleSteel publishes fundamentals for GHG emissions accounting and classification to drive transparency, comparability, and decarbonisation progress

To help improve the accessibility of ResponsibleSteel’s emissions methodology and accelerate robust emissions accounting and reporting, ResponsibleSteel has today published extracts from Principle 10 of the ResponsibleSteel International Production Standard relating to Climate Change and Greenhouse Gas (GHG) Emissions.

Importantly, this is not an independent standard against which steelmakers can make certification claims. Instead, ResponsibleSteel's Fundamentals for GHG Emissions Accounting and Classification is designed as a valuable resource for steelmakers, steel buyers, policymakers, investors, and civil society organisations to use as a reference to measure and track progress as the global industry transitions to lower-emission production practices.

The document aims to improve the comparability, consistency and transparency of emissions accounting and reporting across the global steel industry by outlining three of Principle 10’s fundamental components:

1. ResponsibleSteel’s methodology for the calculation and disclosure of crude steel GHG emissions intensity at the site level.
2. ResponsibleSteel’s classification system to assess a steelmaking site’s decarbonisation progress.
3. ResponsibleSteel requirements for GHG emissions intensity declarations at product-level.

ResponsibleSteel’s “Decarbonisation Scale” approach enables all steelmaking sites, globally, to be compared on a like-for-like basis, based on transparent and fair accounting rules. By adopting this approach, the industry has the opportunity to increase the transparency and consistency of emissions data across the value chain, reducing administrative burdens and enabling more effective implementation of decarbonisation policies and mechanisms.

This new publication will be particularly valuable for stakeholders either looking to align with ResponsibleSteel’s approach or to build interoperability between GHG-specific frameworks, regulations, and procurement systems.

It is important to note that 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.

We believe that truly responsible steel production requires steelmakers to go beyond decarbonisation and take steps to mitigate other social and environmental impacts. But amidst the growing urgency of the climate crisis, ResponsibleSteel remains committed to supporting global steel decarbonisation through practical tools developed with multi-stakeholder support. This latest publication reflects that commitment to offering robust, credible, scalable tools to accelerate emissions reductions at scale.

For any questions about the use or development of ResponsibleSteel’s Emissions Metrics, please contact standards@responsiblesteel.org.

Learn more about ResponsibleSteel’s Fundamentals for GHG Emissions Accounting and Classification here.