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EMSTEEL |
EMSTEEL, one of the leading steel and building materials producers in the Gulf region, has unveiled a comprehensive decarbonization strategy, aiming for a 40% reduction in absolute CO₂ emissions in its steel division and 30% in cement by 2030, based on 2019 levels. The company’s long-term goal is to reach net-zero emissions by 2050.
Key Decarbonization Strategies
To achieve these goals, EMSTEEL will implement:
- Energy efficiency enhancements
- Advanced process optimization technologies
- Alternative fuels and raw materials in steel and cement production
- 100% reliance on clean and renewable energy for electricity needs by 2030
Saeed Humran Al Remeiti, Group CEO, stated that EMSTEEL is committed to sustainable transformation, aligning with the UAE’s Net Zero 2050 goals while establishing itself as a global leader in low-carbon steel and cement production.
UAE’s Decarbonization Commitments
EMSTEEL’s strategy aligns with the UAE’s Zero Emissions by 2050 Strategic Initiative, supporting the national goal of reducing industrial emissions by 27% by 2035 (compared to 2019 levels).
Additionally, in May 2024, the UAE and Oman signed an AED 117 billion ($31.85 billion) investment agreement, covering renewable energy initiatives such as solar and wind projects and green metals production facilities.