Energy Efficiency, GHG Emissions, Industrial  -  October 15, 2024

Worthington Steel Lowers Emissions

Worthington Steel, Inc. announced that its Scope 1 and 2 GHG gas emissions intensity totaled 0.02 metric tons of carbon dioxide equivalent per ton processed, a 2% decrease from fiscal 2023.

As detailed in its 2024 Corporate Citizenship and Sustainability Report, renewable electricity purchases at Worthington Steel’s electrical steel lamination facilities in China, Germany, India and Mexico reduced the company's emissions by over 4,600 MT CO2e in fiscal 2024.

The company collaborates up and down the supply chain to continuously refine its Scope 3 GHG emissions methodology, with its non-GHG air emissions calculated at the facility level. The company also seeks opportunities to improve the energy efficiency of its operations, and this year projects ranged from small-scale lighting upgrades at facilities to large-scale equipment updates such as new furnaces and air compressors. 

As part of the company's Green Star initiatives in fiscal 2024, 15 energy efficiency improvement projects were completed, resulting in GHG emissions savings of more than 725 MT CO2e annually. In fiscal 2024, the company's tailor welded blanking joint venture TWB Company in Monroe, Michigan, completed several energy-related continuous improvement projects resulting in an annual energy savings of 40,000 kWh. One of the projects included an upgrade of two lasers, which reduced laser voltage on the related production lines by 20%.

“I’m proud to share Worthington Steel’s inaugural sustainability report. While it’s our first report as a public company, the concepts and values around sustainability are not new to us,” said Worthington Steel President and CEO Geoff Gilmore in a statement. “We have a strong foundation, including a people-first philosophy, built on nearly 70 years of heritage that guides our strategy and actions around environmental, social and governance initiatives.” 

The Worthington Steel 2024 Corporate Citizenship and Sustainability Report was developed in accordance with the Global Reporting Initiative (GRI) Standards and elements of the Sustainability Accounting Standards Board (SASB) Iron & Steel Producers Standard and the Task Force on Climate-Related Financial Disclosures (TCFD).

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