Cargotec and SSAB are taking their partnership to the next level by introducing SSAB Zero, a fossil carbon emission-free recycled steel, to the cargo and load handling industry. Cargotec plans to gradually start using this steel in its products this year, according to the company's release.
The collaboration on SSAB Zero is a natural next step where Cargotec and SSAB continue their work together to reduce impact on climate in cargo and load handling solutions. The partnership has already resulted in the introduction of the world’s first load-handling equipment, a MULTILIFT hooklift, made with fossil-free steel. A prototype of this hooklift was unveiled by Hiab, part of Cargotec, in September 2022.
Approximately 26 percent of Cargotec’s total greenhouse gas emissions came from purchased goods in 2022. Decarbonising Cargotec’s supply chain is an important step in achieving the company’s ambitious science-based climate target, which is to reduce value chain emissions by 50 percent by 2030. SSAB Zero and, eventually, fossil-free steel will be key factors in this mission.
SSAB Zero has zero fossil carbon emissions (less than 0.05 kg CO2e emissions per kg steel in scope 1 and 2) in operations, including purchased energy and transportation. SSAB practises 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. Neither Cargotec nor SSAB engage in carbon emission offsetting activities.
Cargotec enables smarter cargo flow for a better everyday with its leading cargo handling solutions and services. Cargotec's business areas Kalmar, Hiab and MacGregor are pioneers in their fields.