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First Green Steel Taxonomy
December 19 , 2024
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- India has unveiled the world’s first Taxonomy of the Green Steel aimed at decarbonizing the steel industry.
- The taxonomy defines green steel standards to support the country’s net-zero goals by 2070.
- The taxonomy introduces a star-rating system to classify green steel based on emission intensity.
- Five-star green steel is requiring emissions below 1.6 tonnes of CO2 per tonne of finished steel (tCO2/tfs).
- Steel with emissions below 2.2 tCO2/tfs will qualify for green certification.
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