TelestackCimbriaTBA GroupPort of South LouisianaVan AalstPort of Stockton
  • Vigan
  • TBA Group
  • Bühler GmbH
  • Cimbria
  • Port of Stockton
  • Van Aalst

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

Around the world with 80 cranes

(Posted on 28/01/22)

Liebherr has announced a record year for its maritime mobile harbour cranes.The order intake volume... Read more


Damen opens service hub in Panama City

(Posted on 28/01/22)

Damen Shipyards Group has added a new Service Hub in the Americas. With two already up and running in... Read more


Port of Blyth orders Konecranes Gottwald Generation 6 MHC

(Posted on 20/01/22)

The UK Port of Blyth, a leading offshore energy support base and important hub for the movement of a... Read more


Growing orders for Alfa Laval FCM LPG fuel supply systems

(Posted on 20/01/22)

As the marine industry focuses on decarbonization, Alfa Laval is experiencing increased demand for solutions... Read more


OneOcean launches first Environmental Planner as part of Voyage Planning

(Posted on 15/01/22)

OneOcean Group has expanded its platform capability to include a new and unique Environmental Planner... Read more


Hanseaticsoft and Solitwork enter digital reporting partnership

(Posted on 15/01/22)

Hanseaticsoft and Solitwork have announced a strategic partnership. The mission is to jointly improve... Read more


Noatum increases MHC fleet for three Spanish terminals

(Posted on 08/01/22)

After obtaining the approval of the respective boards of directors and its partner Algeposa, Noatum,... Read more


Restoring propeller blades keeps bulker on schedule

(Posted on 08/01/22)

When damage to propellers occured due to impact with ice and other debris, Hydrex has helped bulk shipowners... Read more


AXSMarine releases emissions calculator for the Dry Bulk industry

(Posted on 20/12/21)

AXSMarine, a pioneer and market leader in the provision of advanced solutions for shipping professionals... Read more


ABB’s propulsion factory in Shanghai marks 10-years

(Posted on 20/12/21)

ABB’s Azipod electric propulsion, introduced 30 years ago, has revolutionized the marine transport... Read more


Bühler GmbHCleveland Cascades LtdThe Wolfson Centre for Bulk Solids Handling Technology ViganTOC EventsMultimodal 2022
  • Telestack
  • The Wolfson Centre for Bulk Solids Handling Technology
  • Multimodal 2022

Subscribe to our newsletter

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