Ovako commits to Science Based Targets initiative
Ovako has high climate and sustainability ambitions: as of January 2022, steel production will be carbon neutral. As the next step, Ovako is committing its long-term climate targets to Science Based Targets initiative (SBTi).Ovako wants to remain on the forefront of the transition towards a sustainable society. The company has reduced its carbon emissions by 55 percent since 2015. Using new technology and heating steel with fossil-free hydrogen are key aspects of ongoing efforts to cut emissions. By 2040, Ovako will reduce carbon emissions in own operations by 90 percent and in the value