An annual event, aiming to engage with stakeholders in the steelmaking ecosystem, including equipment manufacturers, suppliers, international organisations and academia, and to discuss issues related to the steel industry’s decarbonisation transition. 

Aligned with the Steel Standards Principles, worldsteel is undertaking an exercise to build on existing work to further identify the commonalities and differences between existing greenhouse gas (GHG) measurement standards and accounting methodologies on a company, site and product level. Based on the findings, worldsteel’s methodologies, which are globally applicable and widely used, will be updated. worldsteel will work with other standards and methodology organisations to align on methodologies, including the relevant ISO standards. 

ResponsibleSteel is a global not-for-profit multistakeholder standard and certification initiative. Our mission is to be a driving force in the socially and environmentally responsible production of net-zero steel, globally. We are a membership lead organization and currently represent 15% of global steel production in our membership amongst other leading demand side, civil society organizations. 

The OECD is undertaking a wide variety of projects on industrial decarbonisation (see this recent brochure for an overview). With respect to steel, the following projects are of particular relevance for the Breakthrough steel agenda:  

Steel Committee   

• Monitoring of steel markets, capacity and trade with an increasing emphasis on decarbonisation aspects  

• Targeted analysis of steel and the circular economy with an emphasis on steel scrap  

• Assessment of steel company net-zero strategies, challenges and policy needs  

• Mapping of policies (including subsidies) relevant for steel with emphasis on decarbonisation policies  

• Observatory for critical raw materials for the steel industry, with focus on decarbonisation (e.g. high quality iron ore)   

The Clean Energy Finance and Investment Mobilisation (CEFIM)  

• The CEFIM programme aims to strengthen domestic enabling conditions to attract finance and investment in renewables, energy efficiency and decarbonisation of industry in emerging economies, including in steel.  

• CEFIM has developed a  Framework for industry’s net-zero transition to support countries in decarbonising industrial sectors. The Framework is being implemented in four countries, in particular in Indonesia and South Africa for the steel sector. 

The Mission Possible Partnership (MPP) is a movement of climate leaders and companies driving industrial decarbonisation across the entire value chain of the world’s highest-emitting heavy industry and transport sectors, including iron and steel.  

MPP’s objective is to achieve tipping points in the adoption of deeply decarbonized technology solutions across its focus sectors. It does this by fostering collaboration across the full range of relevant stakeholders (policy, industry, and finance) to improve the conditions for investment in deep decarbonization and drive capital towards commercial-scale projects.