Severfield listed in the third edition of Europe’s Climate Leaders for 2023

Severfield stood out in this process, and we are therefore confident that Severfield is entirely deserving of the title “Climate Leader”. 

Severfield is delighted to be listed, once again, on the leader board of Europe's Climate Leaders Report. We were incredibly honoured to be listed last year, coming in 1st in the ‘Construction and Building Materials’ category for the United Kingdom, and 4th out of 26 business globally. This year, 2023, Severfield is the only steel fabricator featured on the list in the 'Construction and Building Materials' category for the United Kingdom, highlighting our continuous commitment to environmental responsibility.

The prestigious report outlines how companies across Europe aim to tackle climate change in business. Severfield itself strives to make climate change a priority, the results of which are made possible via the commitment and dedication of our Sustainability Committee, led by our CEO Alan Dunsmore, and the positive changes implemented by our colleagues throughout the business. In lieu of this commitment, we proactively endeavour to streamline our efficacy in sustainable waste mitigation in a myriad of ways, some of which are outlined here:

1. Severfield have been reporting and managing its carbon emissions since 2015. In that time, we have facilitated and affected significant carbon reductions. The Group has reduced its carbon emissions by more than 60% since 2015, through various initiatives including shifting to more energy-efficient technologies, lean manufacturing techniques, and by switching to green electricity.
2. Severfield has committed to set science-based emissions reduction targets — across the entire value chain — that are consistent with keeping global warming to 1.5°C above pre-industrial levels. Severfield has also committed to a long-term target to reach net-zero emissions by no later than 2050.
3. Over the last 18 months, Severfield have achieved several significant climate milestones:

• Awarded a ‘B’ rating in the CDP index and a supply chain score of ‘A-’ as well as maintaining our ‘very good’ BES 6001 responsible sourcing accreditation.
• Maintained our carbon neutral accreditation from the Carbon Trust for scope 1, 2, and operational scope 3 emissions for our manufacturing, office and construction operations.
• On track to submit Science-Based Target Initiative (‘SBTi’) targets in 2024.
• We have established an internal roadmap to Net Zeroon scope 1 and 2 emissions by 2040 and scope 3 emissions by 2050.
• We are a SteelZero signatory - In 2023 we joined the SteelZero policy task force collaborating with the Climate Group and other members on the most effective approach to capturing and reporting data for the Steel Zero framework. 

Evidently, our inclusion in the Europe Climate Leader’s Report underscores our steadfast commitment to continual change and growth as outlined above. As James Bacon, Account Manager at Statista, notes, this “is a data driven initiative, in which Statista and the FT evaluated the reduction of carbon emissions intensity of thousands of major companies across Europe. In the end, Severfield stood out in this process, and we are therefore confident that Severfield is entirely deserving of the title “Climate Leader”. 

This award is received as recognition of the steadfast effort we as a company are making to facilitate and bring about change, and as we head into a world of changing demands and ever-greater climate disruption, Severfield will maintain its unwavering commitment to the reduction of emissions and to that of a more sustainable, greener future for all.