This Content Is Only For Paid Subscribers
EMSTEEL, one of the GCC’s largest publicly traded steel and building materials manufacturers, has announced a decarbonization strategy targeting a 40 pct reduction in greenhouse gas emissions in its Steel Business Unit and 30 pct in its Cement Business Unit by 2030, using 2019 as the baseline. The company aims for net-zero emissions by 2050, aligning with the UAE’s Net Zero by 2050 Strategic Initiative, Nationally Determined Contribution – NDC 3.0, and the Paris Agreement.
To achieve these goals, EMSTEEL will enhance energy efficiency, adopt advanced process optimization technologies, increase the use of alternative fuels and raw materials, and transition to 100 pct renewable energy for electricity by 2030.
Group CEO Engineer Saeed Ghumran Al Remeithi emphasized that EMSTEEL’s strategy not only supports national climate targets but also positions the company as a leader in low-carbon steel and cement production.
Between 2019 and 2023, EMSTEEL reduced its Scope 1 and 2 emissions to 4.5 mln tons of CO2, a 23 pct drop from the 2019 baseline. This progress was driven by energy efficiency improvements, carbon capture, and renewable energy integration. The company also launched the Middle East and North Africa’s first green hydrogen pilot project with Masdar, using hydrogen to extract iron from ore.
In 2024, EMSTEEL was appointed Co-Chair of the Alliance for Industry Decarbonisation under IRENA and recognized as a Steel Sustainability Champion by the World Steel Association. The World Economic Forum ranked it among the top five global steel companies for decarbonization. At the Make it in the Emirates Awards 2024, it won the Best Sustainable Manufacturing and ICV Excellence awards.
Through these efforts, EMSTEEL continues to drive the region’s transition to low-carbon industrial production while reinforcing its position in sustainable steel and cement manufacturing.
Headquartered in Abu Dhabi, EMSTEEL has a production capacity of 3.5 mln tons of steel and 4.6 mln tons of cement annually. The group exports to over 70 markets, accounting for 30pct of its sales. The company offers a diverse range of steel products, including wire rod, rebar, heavy sections, and sheet piles.