Sailors SocietyPort of South LouisianaBühler GmbHCleveland Cascades LtdPort of StocktonCimbria
  • Bühler GmbH
  • Telestack
  • The Wolfson Centre for Bulk Solids Handling Technology
  • Cleveland Cascades Ltd
  • TOC Events
  • Port of Stockton

thyssenkrupp to be climate neutral by 2050

thyssenkrupp to be climate neutral by 2050

(Posted on 07/07/19)

thyssenkrupp aims to be climate neutral from 2050 onwards. As early as 2030 the Group plans

to cut emissions from production and outsourced energy by around 30 percent. Emissions

from the use of thyssenkrupp products are to fall by 16 percent by 2030. thyssenkrupp’s new

climate strategy is based on the Paris Climate Agreement of 2015.

 

thyssenkrupp CEO Guido Kerkhoff: “The threats posed by climate change affect us all. As an

industrial company with operations around the globe we are in a particularly good position to

reduce greenhouse gas emissions through sustainable products and processes. We take this

responsibility very seriously and have received several awards for this in recent years. Now we

are setting ourselves clear targets for 2030 and 2050 as the next logical step.”

 

In February thyssenkrupp was named as a global leader in climate protection for the third year

in a row by the non-governmental organization CDP, which assesses whether companies have

formulated a coherent strategy on how to further improve their own environmental performance

as well as that of customers and suppliers. thyssenkrupp once again achieved the highest

score possible and was placed on CDP’s global “A List”. The list includes roughly 130

businesses worldwide and only five DAX companies.

 

The targets now announced take in thyssenkrupp’s own production operations, the energy it

purchases and its products. In steel production, for example, thyssenkrupp is currently

pursuing two approaches to reducing CO2 emissions: The Carbon2Chem project, which is

expected to be available on an industrial scale before 2030, and the so-called hydrogen route,

which should take full effect by 2050 and make the biggest contribution to directly avoiding

CO2. Carbon2Chem converts steel mill emission gases, including the CO2 they contain, into

valuable chemicals. thyssenkrupp’s hydrogen route involves replacing coal with “green”

hydrogen as the reducing agent for blast furnaces so that in the long term no CO2 is created in

the production of steel. These technologies are being funded by the German federal

government and the state of North Rhine-Westphalia.

 

Under its Climate Action Program for Sustainable Solutions (CAPS) thyssenkrupp will also

systematically work to make its products carbon neutral. The Group already offers a technology

for the cement industry that permits CO2 emissions from the combustion processes to be

captured for subsequent storage or processing. In the area of sustainable mobility

thyssenkrupp is working with European partners to produce fuel from biomass. These fuels

reduce CO2 emissions by up to 90 percent compared with conventional fuels.

 

Other key areas include the e-mobility sector, where thyssenkrupp supplies battery production

lines and special steels for electric motors. The Group is also actively involved in the

development of energy storage solutions, for example with electrolysis systems that convert

electricity into hydrogen. These storage systems allow a constant supply of electricity from

renewables regardless of the weather.

 

Dr. Donatus Kaufmann, thyssenkrupp Board member responsible for technology, innovation,

sustainability, legal and compliance: “Our goals are ambitious but achievable. Our strategy for

our steel operations alone will cut production-related emissions there by 80 percent by 2050.

But if we are to achieve our climate targets we need to make significantly more use of

renewable energies. Also, there are no internationally harmonized financial incentives for

investments in CO2 abatement technologies. These are basic requirements for making a real

change.”

Latest News

Technomar partners with OTG to deliver next digital learning phase

(Posted on 05/12/22)

Technomar Shipping Inc, a leading Greek owned ship management company, has confirmed that it has signed... Read more


MacGregor introduces electric transloading crane

(Posted on 05/12/22)

As part of its mission to support customers with more sustainable products and solutions, MacGregor... Read more


ClassNK issues AiP for dual fuel generator engine using hydrogen gas

(Posted on 01/12/22)

ClassNK has issued an Approval in Principle (AiP) for a dual fuel generator engine using hydrogen gas... Read more


Voyager automates demurrage process to deliver faster calculations

(Posted on 29/11/22)

Voyager Portal has launched a new web-based tool for optimising the often complex demurrage process,... Read more


Wärtsilä partners with cleantech start-up Hycamite

(Posted on 29/11/22)

The technology group Wärtsilä has entered into a joint development agreement with Hycamite... Read more


New digital advance delivers expert knowledge to bulk operators

(Posted on 19/11/22)

Bruks Siwertell is developing an advanced digital tool, Siwertell Smartview, as part of an ongoing research... Read more


Superior plans 250 tons of display product at CONEXPO-CON/AGG

(Posted on 19/11/22)

Superior Industries, Inc., a US-based manufacturer and global supplier of bulk material processing and... Read more


Seamanship and navigation e-learning content expanded through partnership

(Posted on 13/11/22)

Insufficient knowledge of seamanship and navigation when taking a ship out to sea or coming alongside... Read more


Industry veteran Kelly joins Superior Industries

(Posted on 13/11/22)

Superior Industries, Inc., a US-based manufacturer and global supplier of bulk material processing and... Read more


Liebherr LHM 550 adds to bulk handling capacity in Arendal

(Posted on 09/11/22)

Located in the southern part of Norway between Larvik and Kristiansand, the Port of Arendal is the biggest... Read more


TBA GroupTOC EventsViganThe Wolfson Centre for Bulk Solids Handling Technology TelestackVan Aalst
  • Van Aalst
  • Sailors Society
  • Port of South Louisiana

Subscribe to our newsletter

Keep up to date with the latest global news in bulk cargo handling and shipping