The goal of the European Union (EU) is to achieve climate neutrality, with which it wants to set a precedent in the field of global environmental protection. The essence of climate neutrality is to create a balance between the emission and absorption of greenhouse gases, which ideally results in a zero impact on the climate. The EU and its key partners, such as thyssenkrupp Materials, are committed to the fight against climate change and a sustainable future.
Big steps towards the set goal
The stated objectiveof the EU is to transform Europe into a climate-neutral continent by 2050. The Green Agreement concluded for this purpose includes multifaceted initiatives that also affect energy, industry, agriculture, transport and innovation. The central element of the pursuit of climate neutrality is the significant reduction of greenhouse gas emissions, as part of which the EU has undertaken to reduce emissions by at least 55% compared to 1990 levels by 2030, because it wants to make economic growth independent of the depletion of resources and the environment from its deterioration.
Support for renewable energy sources is key on this path. The EU has set itself the goal of producing 32% of its energy from renewable sources by 2030. This means significant investment in wind, solar and hydropower, encouraging the transition away from fossil fuels. Green steel is also a part of this process, which of course did not get its name from its color, but from the sustainable method of its production. Currently, there is no steel produced with zero CO2 emissions on the market, but more and more large European companies are trying to switch partially or completely to carbon-free steel production based on hydrogen produced with green energy. According to experts, this could be a competitive alternative to the fossil materials currently used in the steel industry by 2030.
The objective of thyssenkrupp Materials
The fight against climate change and the preservation of biodiversity are of prime importance for thyssenkrupp Materials, which is why our operations will become climate neutral by 2030, and until then we will continuously reduce all forms of environmental pollution. As the market leader in the region, we have a greater responsibility, which is why we undertake to become climate neutral two decades earlier than the 2050 date set in the Paris climate agreement.