Emsteel announces comprehensive decarbonization strategy

The company aims to reduce absolute CO₂ emissions in the steel division by 40% by 2030

EMSTEEL, one of the largest publicly traded steel and building materials producers in the Gulf region, has unveiled its ambitious decarbonization strategy. This is stated in a message on the company’s website.

By 2030, the company aims to achieve a 40 percent reduction in absolute greenhouse gas emissions in its steel division and a 30 percent reduction in its cement division compared to the baseline year of 2019.

The ultimate goal is to achieve zero emissions by 2050.

To achieve a significant reduction in CO₂ emissions, the group will focus on implementing key decarbonization strategies, including energy efficiency, advanced process optimization technologies and the use of alternative fuels and raw materials in steel and cement production.

In addition, the company expects to accelerate the use of clean and renewable energy to cover 100% of its own electricity demand by 2030.

“EMSTEEL is committed to leading the transformation of the construction and manufacturing sectors through sustainable practices. Our decarbonization strategy not only aligns with the UAE’s Net Zero 2050 goals, but also positions EMSTEEL as a global leader in low-carbon steel and cement production,” said Saeed Humran Al Remeiti, Group CEO.

As noted, the strategy emphasizes Emsteel’s commitment to sustainable production and is aligned with the UAE’s Zero Emissions by 2050 Strategic Initiative. The company aims to contribute to the decarbonization of the industry in line with the country’s goal of reducing industrial emissions by 27% by 2035 compared to 2019 levels.

Last May, the UAE and Oman signed an investment agreement worth AED 117 billion ($31.85 billion) for an industrial and energy mega-project. The plan includes renewable energy initiatives (solar, wind), as well as green metals production facilities.