SSAB and Peab are extending their collaboration to include deliveries of the zero-emission steel SSAB Zero™, which is made using recycled steel and fossil-free energy.
This deal further strengthens the joint commitment between Peab and SSAB to create solutions to reduce the carbon footprint in the construction- and real estate sector. Peab has a comprehensive environmental target to reduce the carbon dioxide intensity for input goods by 50% by 2030.
SSAB Zero™ has zero fossil carbon emission in operations, including purchased energy and transportation. SSAB practices market-based emission factors for the electricity used and may secure fossil-free electricity through electricity guarantees of origin. Fossil fuels remain in the ground as SSAB has implemented a system to manage and ensure the correct source and use of alternatives connected to the production of SSAB Zero™. Only recycled steel is used as a raw material, which means SSAB Zero™ supports the circular economy. SSAB does not engage in carbon emission offsetting activities.