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41,000 tonnes of CO2e saved – how much is that?

In 2025, Sverdrup Steel used lower-carbon material sourcing and circular steel solutions to avoid an estimated 41,000 tonnes of CO2 reaching the atmosphere from our product chains.

Avoiding GHG emissions from steel production

By promoting recycled and low-carbon alloy in the supply chain, Sverdrup has significantly suppressed the factor of CO2 equivalent emissions per ton of product delivered. For 2025, the estimated difference between our product and a fully virgin delivery – yields the following footprint reductions:

  • Our estimated GHG emissions: 26,961 tons of CO2e
  • Virgin product comparison: 68,000 tons of CO2e
  • Estimated avoided upstream GHG emissions: 41,000 tons of CO2e

In 2025, Sverdrup Steel used lower-carbon material sourcing and circular steel solutions to avoid an estimated 41,000 tonnes of CO2 reaching the atmosphere from our product chains. Or the equivalent to 9,600 petrol cars, if we use the UN Intergovernmental Panel on Climate Change (IPCC)’s scientific assessment of global warming potential from different sources.

In greenhouse gas methodology (the GHG Protocol), Sverdrup delivered a Scope 3 result of 27,000 tonnes CO2e – or 60% lower than a conventional scenario with only virgin materials. The difference of 41,000 tonnes is diverted to Scope 4 as defined by the GHG Protocol, covering emissions avoided when a product is used as a substitute for other goods or services, fulfilling the same functions but with a lower carbon intensity.

This comes in addition to everything else we do to cut emissions, either by using renewable electricity (scope 2) or delivering our shipments (scope 3) on fully loaded Euro6 trucks taking the shortest route door-to-door.

What we saved

  • 16,700 hectares of forest growth for one year
  • 183 million kilometers petrol car driving
  • 0.1% of Norway’s total annual emissions (~45 million tonnes of CO2e)
  • 36 MNOK in emission taxes (not yet eligible)

Published: 31 Aug 26

Sustainability, ESG

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