Air Liquide, Schneider sign climate memo with Russian steel producer
France's Air Liquide and Germany's Schneider Electric have signed a "climate memorandum" with Russian steel producer Severstal, committing them to reduce their carbon footprint.
Severstal said on November 12 it was working with other companies to reduce greenhouse gas (GHG) emissions across its supply chain. Schneider and Air Liquide are the first in that chain to sign the memorandum.
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"We take great efforts to minimise the carbon footprint of our own operations and also collaborate with our partners on joint decarbonisation initiatives," Severstal CEO Alexander Shevelev said in a statement. "Agreements between manufacturers and suppliers of goods and services that declare a common commitment to decarbonisation are becoming common practice in the global business community."
Severstal is among the first steel producers in Russia to calculate Scope 3 GHG emissions from the use of its products. An interview with the company on its decarbonisation initiatives can be accessed here.