Gerdau Ameristeel Corporation
Gerdau Ameristeel Corporation, a prominent player in the steel industry, is headquartered in Canada and operates extensively across North America. Founded in 2002, the company has rapidly established itself as a leader in the production of long steel products, serving diverse sectors such as construction, automotive, and energy. With a commitment to sustainability and innovation, Gerdau Ameristeel offers a range of high-quality products, including rebar, wire rod, and merchant bars, distinguished by their durability and performance. The company’s strategic focus on recycling and minimising environmental impact has positioned it as a responsible choice in the market. Recognised for its operational excellence, Gerdau Ameristeel continues to achieve significant milestones, reinforcing its status as a key contributor to the steel supply chain in North America.
DitchCarbon Score
How does Gerdau Ameristeel Corporation's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Iron and Steel Production industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Gerdau Ameristeel Corporation's score of 8 is lower than 65% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Gerdau Ameristeel Corporation's reported carbon emissions
In 2019, Gerdau Ameristeel Corporation reported total carbon emissions of approximately 11,947,505,000 kg CO2e. This figure includes Scope 1 emissions of about 2,890,986,000 kg CO2e, Scope 2 emissions of approximately 9,056,519,000 kg CO2e, and Scope 3 emissions from purchased goods and services amounting to about 1,891,561,000 kg CO2e. For the years 2020 and 2021, Gerdau reported greenhouse gas (GHG) emissions intensity for steel production, with values of 930 kg CO2e per tonne in 2020 and 900 kg CO2e per tonne in 2021. This indicates a slight reduction in emissions intensity over the two years, reflecting the company's ongoing efforts to improve efficiency in its operations. Despite these figures, Gerdau Ameristeel Corporation has not disclosed specific reduction targets or commitments through initiatives such as the Science Based Targets initiative (SBTi) or other climate pledges. The absence of formal reduction targets suggests that while the company is aware of its emissions profile, it may not have publicly committed to specific goals for future reductions. Overall, Gerdau Ameristeel Corporation's emissions data highlights its significant carbon footprint, particularly in Scope 2 emissions, while also indicating a trend towards improved emissions intensity in steel production.
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| 2019 | |
|---|---|
| Scope 1 | 2,890,986,000 |
| Scope 2 | 9,056,519,000 |
| Scope 3 | 1,891,561,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Gerdau Ameristeel Corporation is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
