Climate protection: Central challenge and opportunity
Effective and efficient climate protection is one of the major challenges facing society. So it’s also one of the key drivers of our More & Better strategy, focusing on the global megatrends. Climate protection is therefore a central component of thyssenkrupp’s business strategy.
thyssenkrupp’s climate protection activities are focused mainly on:
- In-house efficiency enhancements
- Efficient solutions for our customers
- Taking part in initiatives and dialogues
- Developing forward-looking ideas such as cross-energy management and carbon capture & use (CCU)
In the short and medium term we see the joint development of efficient products as the key lever for climate protection. But in our production processes, too, we are looking to further improve our already very high efficiency standards.
thyssenkrupp’s carbon footprint
Climate-friendly production processes are an important topic in all business areas. Our Group companies pursue specific approaches tailored to their respective processes so that emissions are reduced to the minimum possible. As part of our energy efficiency program GEEP [Link] we want to exploit further energy-saving opportunities and improve efficiency by 3.5 TWh by the year 2020 – that’s around 1.3 million tons of CO2 emissions avoided per year. The first two years of the program produced efficiency gains of 0.8 million tons CO2 To achieve further progress in reducing emissions, thyssenkrupp is involved in research initiatives exploring innovative production processes. Scientists and engineers from the Group are also active members of national and international bodies concerned with technical, economic, and social issues related to climate protection.
thyssenkrupp’s global CO2 emissions are influenced mainly by the level of steel production and associated capacity utilization. Steel production accounts for more than 90 percent of our emissions. The increase in emissions from 2011/2012 to 2013/2014 is mainly due to higher steel production and in 2013/2014 also reflects the inclusion of our 50 percent shareholding in Hüttenwerke Krupp Mannesmann GmbH under IFRS rules. Our steel mills have sophisticated energy management systems and operate a so-called “energy network” that reduces emissions significantly. During steel production the reducing agents coal and coke are added to the blast furnace in order to recover iron from iron ores (iron oxides) in chemical reaction processes. In fiscal year 2013/2014 with an adjusted 1.9 tons CO2 per ton of crude steel thyssenkrupp was well below the global average for the primary production of steel and close to the technical optimum for the available production technologies.