Mission Possible Partnership maps path to
decarbonize materials production
NEW YORK, Sept. 21, 2022 /PRNewswire/ --
More than 200 industry leaders have endorsed strategies from the Mission
Possible Partnership (MPP) to decarbonise some of world's hardest-to-abate,
carbon-intensive industries in this decade.
New plans released at New York Climate Week for
production of near-zero emissions materials - aluminium, ammonia and steel -
have won support from more than 60 companies, bringing to more than 200 the
tally of endorsements for MPP's published Sector Transition Strategies (STS)
which also include aviation, shipping and trucking.
Mission
Possible Partnership maps path to decarbonize materials production
The signatories reflect growing momentum among
high-ambition companies, including steelmakers ArcelorMittal, Companhia
Siderúrgica Nacional (CSN), Liberty Steel, SSAB, Rio Tinto, Tata Steel,
thyssenkrupp and Vale; aluminium producers Alcoa, Rio Tinto and EGA; and in the
ammonia sector, CF Industries, BASF, SABIC and Yara, as well as renewable
energy providers Ørsted, Iberdrola and ACWA Power. These three sectors jointly
contribute about 17% of global GHG emissions.
MPP, an alliance of leading organisations working
to decarbonise hard-to-abate industries, presented two new STS reports for
aluminium and ammonia, and an updated steel strategy, during World Economic
Forum's Sustainable Development Impact Meetings at Climate Week. Participants
included senior industrialists and representatives from governments and the
financial industry.