Materials Services
Materials Trading
Materials Trading
- Start
- Sustainability
Sustainability
Sustainability at thyssenkrupp Materials Trading
As a globally operating trading company in raw materials and steel, we recognize that one of the greatest challenges of our time is the responsible use of the resources available to us. These resources are limited, unequally distributed, and crucial for our economy. Sustainable action is therefore indispensable to ensure that future generations will also have a tomorrow worth living. Sustainability is key to secure a better future for all, given its profound ecological, social, and economic implications, including the direct or indirect impact of climate change on every individual.
In practical terms, we adhere to the principle that we can only manage what we measure. Thus, we've diligently calculated our company's carbon footprint and taken proactive measures to offset it.
thyssenkrupp Materials Trading – CO₂ Offset for the Business Year 2023/2024
In a world increasingly challenged by climate change, we are taking deliberate steps forward.
At thyssenkrupp Materials Trading, we are actively addressing unavoidable emissions and aligning our actions with the United Nations’ climate goals. We’re not just following regulations — we’re investing in high-quality Carbon Credit projects because we believe in taking responsibility for our emissions, even when they’re unavoidable.
For the fiscal year 2023/2024, our Company Carbon Footprint (CCF) has been calculated at 239 tons of CO₂ equivalent, covering both Scope 1 and Scope 2 emissions.
To mitigate our carbon footprint, we have selected three certified carbon removal projects — two nature-based and one technical-based:
Technical-based project:
This project produces carbon net-negative cellulose fiber insulation (CFI) from renewable materials. Growing trees capture and store carbon in their biomass, and when processed into bio-based construction materials like CFI, that carbon remains locked away in durable building structures for decades. One tonne of CFI removes approximately 1.11 tonnes of CO₂e from the atmosphere.
Nature-based project – Indus Delta, Pakistan:
Spanning 350,000 hectares in the Indus Delta of Sindh Province, this initiative mitigates climate change, conserves biodiversity, and improves local livelihoods. Over a 60-year period (renewable up to 100 years), it aims to restore 226,000 hectares of degraded tidal wetlands, generating significant greenhouse gas removals and enhancing coastal resilience.
Nature-based project – Tropical Mix, Panama:
This project reforests formerly fallow and degraded pastureland using mostly native tree species to create mixed forests. Through sustainable management, it supports biodiversity protection and ecosystem restoration while storing carbon effectively.
To make this process seamless, thyssenkrupp Materials Trading has introduced the VCC Desk – a comprehensive solution for the selection, procurement, and transparent retirement of emission reduction certificates. This centralized service supports both Company Carbon Footprint and Product Carbon Footprint mitigation and provides expert assistance to customers entering the Voluntary Carbon Credit market.
We are committed to real climate action that delivers measurable impact. Join us in shaping a sustainable future!
Contact us for more information and collaboration opportunities.
Our sustainability and reduction measures
thyssenkrupp Materials Trading is committed on reducing their Scope 1 and 2 emissions. In accordance with the strategy of thyssenkrupp Materials Services, all group companies have set a reduction target for themselves. While thyssenkrupp Materials Trading’s emission reduction targets are mainly achieved through the purchase of green energy, investment in emission–saving vehicles and the use of district heating, the company has decided to additionally invest in climate protection projects by purchasing Carbon Credits in order to balance its currently unavoidable emissions and to make a voluntary contribution towards reaching the UN’s climate goals.
The Company Carbon Footprint (comprising Scope 1 and 2 emissions) of thyssenkrupp Materials Trading has been calculated to be 239 t CO2 equivalent for the business year 2023/2024 (1st of October 2023 till 30th of September 2024) compared to a value of 310 t CO2 equivalent in the fiscal year 2021/2022.
To compensate such currently unavoidable emissions, the company has purchased Carbon Credits representing the same amount of CO2 equivalent emissions - in the value of Scope 1 and 2, i.e. 239 t.
The calculation of the Company Carbon Footprint is based on the specifications and methodology of the Greenhouse Gas Protocol (https://ghgprotocol.org/corporate-standard ).
For further information, please refer to the following links:
- thyssenkrupp AG Sustainability Webpage
- Geschäftsbericht 2023/2024 (German)
All sustainability efforts of the business segment thyssenkrupp Materials Services can be accessed here https://www.thyssenkrupp-materials-services.com/sustainability-report/de
Contribute to climate protection
thyssenkrupp Materials Trading is taking the global climate crisis very seriously. We invite you to be part of our journey towards a sustainable future. Beyond mere compliance, we proactively financially invest in Carbon Credit projects, taking responsibility for our unavoidable emissions.
Join us in making lasting impact on combating climate change. Contact us today to explore further information and discover exciting collaboration opportunities. Together, we can turn aspirations into reality.