Towards a new iron age
LKAB and the climate
Amidst the global challenge of climate-affecting emissions, the iron and steel industry significantly contributes to a quarter of total industrial carbon dioxide emissions. The biggest effort for the climate and a sustainable change starts in the mine.
Metals and minerals are indispensable in our pursuit of a greener world. At LKAB, we aim to be one of the most resource and environmentally efficient mining and mineral companies in the world. Recognising our impact on people, the environment, and climate, we’re dedicated to minimising it on a local, regional, and global scale. In the long term, our transformation can contribute to reducing global carbon dioxide emissions by 40-50 million tonnes annually. Here and now, we’re working hard to reduce emissions from our current operations.
4%
We account for 4% of Swedish industry’s total emissions of carbon dioxide.
-84%
We’ve reduced our carbon dioxide emissions by 84 percent since 1960.
2045
By 2045 we aim to have zero CO2 emissions from our processes and products.
Environmental impact and resource utilisation
Our commitment to minimising environmental impact and maximising resource efficiency is at the core of our operations. By 2030, we aim to slash energy consumption by ten percent per finished tonne of product, paralleled by a 25 percent reduction in carbon dioxide emissions from our operations. To achieve this, we’re gradually phasing out fossil fuels, replacing them with renewable energy sources like wind, water, and nuclear power.
