China Steel Receives World Steel Association's Sustainable Steel Company Award for Third Time, Reduces Carbon Emissions by 1.58 Million Tons Annually

AI Summary (NQ-processed)

China Steel has been recognized as a "Sustainable Steel Company" by the World Steel Association for the third time. The company completed 1,459 carbon reduction initiatives between 2018 and 2025, achieving an annual carbon reduction of 1.587 million metric tons, a 7.18% decrease compared to 2018, thus meeting its short-term carbon reduction target. Towards its 2050 carbon neutrality goal, China Steel has established a climate governance framework and is focusing on energy-saving processes, improving resource efficiency, promoting a circular economy, deploying renewable energy, and deepening carbon reduction technologies. The World Steel Association's "Sustainable Steel Company" award is considered the highest-level sustainability assessment in the global steel industry.