Severfield has confirmed it has signed up to SteelZero, a global initiative to speed up the transition to a net zero steel industry.

SteelZero is led by international non-profit organisations, the Climate Group and Responsible Steel. The customer-led initiative, which aims to drive a major shift in the global market for the responsible sourcing and production of steel, is being signed up to by an increasing number of steel buyers, both in the UK and internationally.

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Targeting net zero steel from the demand-side of the supply chain makes this the first initiative of its kind, with the potential for it to have significant impact on investment, policy, manufacturing, and production in the construction sector. By signing up, the company is making a public commitment to transition to procuring, specifying, or stocking 100 per cent net zero steel by 2050, with certain interim targets to be achieved by 2030.

Chief Executive Officer Alan Dunsmore said: "By signing up to SteelZero we are sending a powerful message, which we hope will help to shift global markets and policies towards the responsible production and sourcing of steel. We believe this is a significant step by Severfield in our commitment to creating a sustainable future for our business and the world around us."