SSAB's HYBRIT is among the most ambitious projects yet in the steel industry's transition to carbon neutrality

February 18, 2021 | Case Study

SSAB is a steelmaker based in Stockholm, Sweden, with production plants in Sweden, Finland, and the U.S. SSAB produced more than 7.5 million tons of crude steel in 2020, resulting in Scope 1 and Scope 2 emissions of 8.9 million tons and 1.1 million tons of CO₂, respectively, for an average decrease of 5% over 2019 emissions. As part of its sustainability strategy, SSAB aims to achieve carbon neutrality by 2045 – this will involve introducing fossil-free steel into the market by 2026 and reducing combined Scope 1 and 2 emissions by 35% by 2032 from the base year of 2018. The company does not report its Scope 3 emissions and has no plans yet to abate those emissions. SSAB's transformation toward carbon-neutral steelmaking will mainly be achieved through its HYBRIT project that it is developing in-house.