Toyota and Volkswagen are leading the way in decarbonising their steel supply and reducing the material’s consumption. Greenpeace estimates that the carbon footprint of the steel materials used by the world’s 16 biggest automakers could have been at least 77 million tonnes of carbon dioxide (CO2) in 2021. The automakers are taking steps to reduce their carbon footprint, with Toyota exploring the technological development and utilisation of low-CO2 steel materials, and Volkswagen focusing on reducing CO2 emissions in the supply chain. Stellantis, the world’s No. 3 car maker by sales, is aiming to reach carbon neutrality by 2038. These automakers are setting an example for the industry, and it is hoped that other car manufacturers will follow suit.
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