Feralpi Group has received Science Based Targets initiative (SBTi) validation for its new 2050 targets, confirming the company’s decarbonisation strategy and its continuity with previously approved near-term goals for 2030. The validation covers emissions commitments for Scope 1, Scope 2 and Scope 3 and was announced by the group, with SBTi directly involved in the assessment.
For the long term, Feralpi Group targets a 90% reduction in specific emissions tied to the production of hot-rolled steel products within the sector’s core boundary by 2050 compared with 2022. It also aims to cut by 90% by 2050 the remaining absolute Scope 3 emissions outside the core boundary, prioritising direct reductions and planning to neutralise residual emissions ahead of net-zero. The roadmap includes electrifying processes to replace methane with electricity, increasing renewable energy use through self-generation and Guarantees of Origin as well as biomethane, improving energy efficiency and thermal recovery, sourcing more recycled raw materials, and expanding freight transport by rail.
Italian Version
