{"id":86206,"date":"2020-12-04T09:38:35","date_gmt":"2020-12-04T09:38:35","guid":{"rendered":"https:\/\/www.pbctoday.co.uk\/news\/?p=86206"},"modified":"2020-12-04T09:38:35","modified_gmt":"2020-12-04T09:38:35","slug":"steezero-mace","status":"publish","type":"post","link":"https:\/\/www.pbctoday.co.uk\/news\/energy-news\/steezero-mace\/86206\/","title":{"rendered":"Mace signs up to SteelZero initiative"},"content":{"rendered":"<h2><a href=\"https:\/\/www.macegroup.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Mace<\/a> has signed up to SteelZero, joining Grosvenor and \u00d8rsted A\/S in the initiative aimed at driving market demand for net-zero steel<\/h2>\n<p>The initiative benefits from support from seven major steel buyers from across sectors including construction and <a href=\"https:\/\/www.pbctoday.co.uk\/news\/energy-news\/procurement-of-renewable-energy\/79205\/\" target=\"_blank\" rel=\"noopener noreferrer\">renewable energy<\/a>.<\/p>\n<p>Run in partnership with <a href=\"https:\/\/www.responsiblesteel.org\/\" target=\"_blank\" rel=\"noopener noreferrer\">ResponsibleSteel<\/a>, the new initiative comes from international non-profit <a href=\"https:\/\/www.theclimategroup.org\/\" target=\"_blank\" rel=\"noopener noreferrer\">The Climate Group<\/a>, which has already seen success in delivering multinational campaigns that build corporate demand for renewables (RE100), which Mace is part of, and electric vehicles (EV100).<\/p>\n<p>Today RE100 members are driving enough renewable electricity demand to power a G20 country like Indonesia, and EV100 members have committed over 5 million EVs to being on roads by 2030.<\/p>\n<p>In the case of SteelZero, organisations are required to make a public commitment to transition to procuring, specifying or stocking 100% net-zero steel by 2050.<\/p>\n<p>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 a significant impact on investment, policy, manufacturing and production in the sector.<\/p>\n<p>Total <a href=\"https:\/\/www.pbctoday.co.uk\/news\/energy-news\/greenhouse-gas-emissions\/81176\/\" target=\"_blank\" rel=\"noopener noreferrer\">greenhouse gas emissions<\/a> from the sector alone account for 7% \u2013 9% of direct emissions from the global use of fossil fuels, and this is set to rise significantly with end-use demand for steel projected to grow by almost 40% by 2050.<\/p>\n<p>A recent report from CDP estimates that 14% of steel companies\u2019 potential value is at risk if they\u2019re unable to decrease their environmental impact, and investors are already raising concerns that the steel industry needs to act now to safeguard its future.<\/p>\n<p>As a result, steel-using organisations will need to be prepared for inevitable changes across their supply chains if they\u2019re to remain economically competitive in the transition to a low carbon world.<\/p>\n<h3>There is a clear urgency<\/h3>\n<p>Mark Reynolds, Mace\u2019s Group CEO, said: \u201cEveryone working in the <a href=\"https:\/\/www.pbctoday.co.uk\/news\/energy-news\/decarbonising-sustainable-buildings\/83956\/\" target=\"_blank\" rel=\"noopener noreferrer\">built environment<\/a> sector today has a clear and urgent responsibility to accelerate our response to the climate emergency.<\/p>\n<p>\u201cThe traditional manufacture of steel \u2013 one of the most widely used materials in construction \u2013 generates a huge amount of global carbon each year, and so this new commitment is a significant step forward for the industry.<\/p>\n<p>\u201cWe\u2019re proud to one of the first signatories to the SteelZero commitment and we look forward to working with our clients, partners and supply chain to push this agenda forward.\u201d<\/p>\n<p>Alison Lucas, executive director of ResponsibleSteel, said: \u201cCorporate and public sector demand for responsible, zero-emissions steel has a critical role to play in reducing global emissions, encouraging <a href=\"https:\/\/www.pbctoday.co.uk\/news\/construction-technology-news\/construction-decarbonisation\/86101\/\" target=\"_blank\" rel=\"noopener noreferrer\">decarbonisation technologies<\/a> and driving lower emissions from recycled steel and the re-use of steel-based products.<\/p>\n<p>\u201cSteelZero will help us to get there.\u201d<\/p>\n<div class=\"mk-custom-module-container\">\n<\/div>","protected":false},"excerpt":{"rendered":"<p>Mace has signed up to SteelZero, joining Grosvenor and \u00d8rsted A\/S in the initiative aimed at driving market demand for net-zero steel.<\/p>\n","protected":false},"author":20,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[307],"tags":[277,693,430,673,279,468,32292,701],"stakeholder_rel_tag":[],"contributor_rel_tag":[],"class_list":{"0":"post-86206","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-energy-news","7":"tag-built-environment","8":"tag-climate-change","9":"tag-energy-efficiency","10":"tag-energy","11":"tag-environment","12":"tag-solar-energy","13":"tag-steel","14":"tag-supply-chain"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.9 (Yoast SEO v26.9) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Mace signs up to SteelZero 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