Nucor Corporation has announced the launch of a line of net zero carbon steel products, claimed to be the first of its kind at scale for the US steel industry.
It achieved net zero on Econiq products by using electricity from renewable energy sources – eliminating Scope 2 emissions – and purchasing carbon offsets, eliminating Scope 1 emissions.
They Econiq brand will be available across the complete line of Nucor steelmaking products, with limited quantities initially.
General Motors will be Nucor’s first customer for Econiq, starting in the first quarter of 2022, with all steel purchased to be net carbon neutral by the end of that year.
Leon Topalian, President & Chief Executive Officer of Nucor Corporation said: “The green economy is being built on steel and Nucor is proving that it can be produced in a sustainable way that can help the world meet its climate goals.
“For more than 50 years, Nucor has been built on a sustainable model of recycling steel to produce new steel and steel products. The addition of Econiq is a logical extension to our innovation legacy in the steel industry.”