Apr. 25, 2024
Nippon Steel Corporation
Nippon Steel Corporation (Nippon Steel), Nippon Steel Trading Corporation (Nippon
Steel Trading) and Siemens Gamesa Renewable Energy K.K. (Siemens Gamesa) have signed a Memorandum of
Understanding (MoU) on March 29th, 2024 to jointly study promoting NSCarbolex™ Neutral, a green
steel* supplied by Nippon Steel that applies mass balance approach for wind farm turbine towers in
Japanese wind farm projects.
* Green steel with mass balance approach
Incremental reductions of greenhouse gas (GHG) emissions achieved through projects with
additionality implemented by steel manufacturing companies is pooled in the organization, and thereafter
steel products are supplied with certificates, in accordance with the guideline established by the Japan
Iron and Steel Federation (JISF). Customers who purchase green steels that applies mass balance approach
can report the reduction from GHG protocol Scope 3 emissions.
Nippon Steel set forth the Nippon Steel Carbon Neutral Vision 2050 and work on reducing CO2
emissions as the most important management issue.
NSCarbolex Neutral, launched in the first half of fiscal 2023, is a steel product to which the actual
reduction GHG emissions that Nippon Steel has reduced through Nippon Steel’s initiative by applying
mass balance approach is attributed, thereby contributing the reduction of GHG emissions in the society
towards the achievement of the Sustainable Development Goals.
We continue to contribute to the development of renewable energy by stably supplying high quality steel
products to wind farm industry and the realization of a carbon neutral society through supplying
NSCarbolex Neutral.
Website of NSCarbolex Neutral
https://www.nipponsteel.com/en/product/nscarbolex/neutral/
