10:25 AM EST, 01/16/2025 (MT Newswires) -- Nucor ( NUE ) said Thursday that the Global Steel Climate Council has certified the company's science-based emissions targets.
The steel product manufacturer said it aims to cut emissions to 0.975 metric tons of carbon dioxide equivalent, or CO2e, per metric ton of hot-rolled steel by 2030, with 2023 as the baseline.
Nucor ( NUE ) plans to meet its goals by increasing clean electricity use, implementing carbon capture and sequestration, adopting near-zero greenhouse gas iron-making, and reducing injection and charge carbon, and natural gas consumption in production.
Shares of Nucor ( NUE ) were up 0.2% in recent Thursday trading.
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