The mass balance approach is a method of calculating the carbon footprint of steel products by considering the entire lifecycle of the product, from raw materials to end-of-life recycling.

Introduction

The steel industry is one of the largest consumers of energy and resources, contributing significantly to greenhouse gas emissions and environmental degradation. In response to growing concerns about climate change and sustainability, the steel industry has been working towards reducing its environmental impact. ClassNK, a leading classification society, has taken a significant step towards this goal by launching a third-party product certification service for green steel products.

What is the Mass Balance Approach? This approach takes into account the energy and resource consumption of the entire production process, including the extraction and processing of raw materials, the production of steel, and the transportation and storage of the final product.

This logo will serve as a guarantee that the product has been produced using environmentally friendly methods.

The Rise of Green Steel

The concept of green steel has been gaining momentum in recent years, driven by growing concerns about climate change and the need for sustainable practices in the steel industry. As consumers become increasingly environmentally conscious, steel manufacturers are responding by adopting more eco-friendly production methods.

Key Features of Green Steel