This report presents a comprehensive assessment of progress status of the global iron and steel industry toward long-term decarbonisation. The report is comprised of three components: Synthesis of the findings of recent literature on key areas where progress needs to be closely monitored to ensure long term decarbonisation of the global steel sector and overview of international initiatives in the global steel sector, Identification and evaluation of progress of key indicators that can continually be monitored, beyond the conventional energy and emission indicators, in those priority areas. Assessment of corporate climate action in the steel sector, and to what extent the existing emission reduction targets and their implementation plans are aligned with the identified key priority areas.
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