Econiq™
Certified Low-Embodied Carbon Steel
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ACHIEVE YOUR SUSTAINABILITY GOALS WITH CERTIFIED SUSTAINABLE STEEL
·¡³¦´Ç²Ô¾±±çâ„� is the world’s first net-zero carbon steel at scale and a certified low-embodied carbon steel solution, introduced to offer steel consumers a portfolio of certified products to achieve their sustainability goals. The Econiq certification can be applied to all of YaboÑDz©¼¯ÍŹٷ½Íøվ’s steel and fabricated steel products â€� the most comprehensive in the U.S. market.
·¡³¦´Ç²Ô¾±±çâ„� Offerings
·¡³¦´Ç²Ô¾±±çâ„� NZ is the world’s first net-zero carbon steel at scale, certified for Scopes 1 and 2, with the option of Scope 3.
·¡³¦´Ç²Ô¾±±çâ„� RE certifies that your steel or steel products were made with 100% emission-free and/or renewable electricity.
Products
The Econiq certification can be applied to all of YaboÑDz©¼¯ÍŹٷ½ÍøÕ¾'s steel and fabricated steel products.
SUSTAINABILITY DRIVES DECISION-MAKING
Sustainability drives the business decisions of leading companies around the world. YaboÑDz©¼¯ÍŹٷ½ÍøÕ¾ is committed to reducing its GHG emissions and driving sustainability through innovation.
FAQs
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WHAT IS LOW-EMBODIED CARBON STEEL?
Embodied carbon is the greenhouse gas emissions associated with the upstream stage of a product’s lifecycle � raw materials, manufacturing, and transport � also known as cradle-to-gate. Low-embodied carbon steel is steel produced with low cradle-to-gate carbon emissions. -
WHAT EMISSIONS DOES ECONIQ ADDRESS?
Econiq certification can be used to address Scopes 1, 2 and/or 3 based on your sustainability goals. -
WHAT ARE SCOPES 1, 2, AND 3 EMISSIONS?
Scope 1 refers to direct emissions a company’s operations. YaboÑDz©¼¯ÍŹٷ½Íøվ’s Scope 1 comes from the steelmaking process. Scope 2 refers to emissions from purchased electricity generation. Scope 3 emissions refers to emissions attributed to the upstream and downstream operations of a company. For YaboÑDz©¼¯ÍŹٷ½ÍøÕ¾, Scope 3 emissions are created primarily through the raw materials required in our steelmaking operations. -
How is net-zero achieved with Econiq?
We achieve net-zero on Econiq steel products by using electricity from 100% renewable and/or carbon-free sources (to offset Scope 2 emissions) and by purchasing high-quality carbon offsets (to offset Scope 1 and/or 3 emissions). -
HOW ARE WE ADDRESSING SCOPE 1 EMISSIONS?
We are currently offsetting all Scope 1 emissions on Econiq certified products through the purchase of high-quality carbon offsets. At the same time, we are actively exploring multiple technologies and processes to reduce our Scope 1 emissions across all products. -
How are we addressing Scope 2 emissions?
Depending on the producing facility, YaboÑDz©¼¯ÍŹٷ½ÍøÕ¾ uses carbon-free electricity from purchased power agreements and other purchased renewable electricity to balance our Scope 2 emissions. -
HOW ARE WE ADDRESSING SCOPE 3 EMISSIONS?
We are currently offsetting all Scope 3 emissions on Econiq certified products through the purchase of high-quality carbon offsets. -
HOW DOES ECONIQ HELP STEEL PURCHASERS MEET THEIR SUSTAINABILITY GOALS?
When steel purchasers buy Econiq, they reduce their own Scope 3 emissions and the products they make have a certified low or zero carbon footprint related to the (Econiq) steel they are made with. -
WHAT PRODUCTS CAN BE ECONIQ CERTIFIED?
The Econiq certification can be applied to any steel product within the YaboÑDz©¼¯ÍŹٷ½ÍøÕ¾ family, as well as to any steel construction project utilizing YaboÑDz©¼¯ÍŹٷ½Íøվ’s steel products. -
How can I buy Econiq steel?
Econiq is available through all of YaboÑDz©¼¯ÍŹٷ½Íøվ’s existing sales channels. Please contact your YaboÑDz©¼¯ÍŹٷ½ÍøÕ¾ sales representative for more information about Econiq.