SteelAsia’s plant in Calaca, Batangas was certified as one of the world’s greenest steel mills, according to an independent report by DNV (Det Norske Veritas), a leading global assessment and certification body.
The report found that the plant’s carbon footprint is nearly 90 percent lower than traditional steelmaking, generating only 0.28 tons of CO2 per ton of steel compared to the conventional average of 2.32 tons.
“Apart from rebar, the Philippines imports 90 percent of its steel from high CO2 sources like China. We aim to replace imports with locally produced green steel,” said SteelAsia chairman and chief executive Benjamin Yao.
Operating since 2008, the mill integrates recycling technologies with renewable energy.
Yao said that by 2028, SteelAsia targets to produce 3.5 million tons of green steel annually—preventing 7 million tons of CO2 emissions, equivalent to the carbon capture of 200 million trees.
SteelAsia said its green steel expansion aligns with the Philippines’ commitment to the 2015 Paris Agreement, which aims to limit global temperature rise to below 2°C by 2050.
SteelAsia operates mills in Luzon, Visayas, and Mindanao, with plans to expand and produce steel products that are currently imported.