SINAI, a decarbonisation and carbon management software platform, aims to contribute to more sustainable steel production using its expertise in this field.
The steel industry is known to account for approximately 7% of the world's total greenhouse gas (GHG) emissions, making decarbonisation critical for climate change mitigation.
However, due to the lack of standardised emissions information, implementing meaningful climate commitments in the sector has proven difficult.
For this reason, clean energy transformation organisation RMI, as part of its Horizon Zero project, has published the Steel Emissions Reporting Guide to help steel stakeholders calculate their total supply chain emissions, also known as Scope 3 emissions.
ArcelorMittal Brasil is keen to adopt greener production processes, which is why the company has joined the agreement in full swing by uploading its steel plant operational data to the SINAI platform.
This data will enable SINAI to create a process-level greenhouse gas (GHG) inventory of the company's emission sources and the amount of emissions they produce.
Together, SINAI, RMI and ArcelorMittal Brasil will be able to pilot test how better reporting guidance and software solutions can provide the transparency needed for sustainable purchasing decisions.
This collaboration will be a crucial step towards decarbonising a sector that is notoriously difficult to decarbonise, potentially creating differentiated commodity markets to drive the process forward.