Emissions reduction certificates

thyssenkrupp Materials Services help customers reduce their CO₂ footprint

thyssenkrupp Quartier (c) thyssenkrupp AG

How we turn materials into a service"Materials as a Service"

Potential to grow (c) thyssenkrupp Materials Services

Fiscal Year 2021/2022Annual Report of thyssenkrupp AG

Fuel for your industrial production

New in our StoriesWhy there is no way around innovation

Innovationen bei MX (c) thyssenkrupp Materials Services

Where the future of the automotive industry begins

thyssenkrupp Materials de Mexico

Automotive (c) thyssenkrupp Steel Europe AG

Latest press releases

3/8/23

Emissions reduction certificates from thyssenkrupp Materials Services help customers reduce their CO2 footprint

Despite many innovations and efforts, it is not yet possible for companies today to completely avoid CO₂ emissions or reduce them to zero. This applies in particular to so-called Scope 3, where emissions are generated in the supply chain or through the use of the products sold. Through its subsidiary thyssenkrupp Materials Trading, thyssenkrupp Materials Services now offers emission reduction certificates. With these so-called Voluntary Carbon Credits (VCCs) customers can offset emissions along their own production and value chains and contribute to achieving climate targets. thyssenkrupp Materials Services, the biggest mill-independent materials distributor and service provider in the Western world, is thus the first company in its sector to offer Voluntary Carbon Credits.

High standards and maximum transparency

"Our ambition is to offer our customers the best products and solutions to help them achieve their sustainability goals," says Martin Stillger, CEO of thyssenkrupp Materials Services. "We clearly see the need for sustainable solutions that take effect immediately. That's why, in addition to CO₂ -reduced products, we also offer our customers the purchase of Voluntary Carbon Credits – and all from a single source, from the supplier they trust."

The certificates are selected in accordance with careful criteria that must be reviewed and developed continuously. In addition, coordination takes place with the customers regarding their wishes. When selecting projects, the question of whether they are sustainable and accompanied by additional measures plays a critical role. Examples of such projects include reforestation, expansion of drinking water supplies and direct air capture carbon and storage. This involves extracting CO₂ out of the atmosphere or a vent, compressing it into rock layers and storing it in mine tunnels, for example. The portfolio also includes biochar projects. Biochar is a process in which biomass is compressed under extreme heat so that no CO₂ can escape. The resulting product is used as a plant fertilizer, for example.

Emissions that are harmful to the climate may only be offset and thus retired once. It is therefore crucial that the process is transparent and recorded in accessible registers to ensure that emission values are assigned to specific VCCs. A prerequisite for offsetting is knowledge of one's own CO₂ footprint. At thyssenkrupp Materials Services this is achieved with the "Product Carbon Footprint Calculator" introduced in 2022. This calculator measures all emissions along a product's supply chain and thus provides clarity on the status quo. The aim is for these emissions to also be offset directly via VCCs in the future.

The Voluntary Carbon Credit Desk (VCC Desk) – service from a single source

The VCC Desk at thyssenkrupp Materials Trading handles the careful selection, procurement and transparent and orderly retirement of emission reduction certificates centrally for thyssenkrupp Materials Services and for its own customers. The resulting offset is relevant both for the company's own emissions (Company Carbon Footprint) and for emissions in connection with the customer's trading products (Product Carbon Footprint).

"With the VCC Desk, we relieve customers of an often complicated, labor-intensive and administrative process and make it easier for them to access the Voluntary Carbon Credit market with expert support," said Wolfgang Schnittker, CEO of thyssenkrupp Materials Trading. "The VCC Desk will gradually enable all of thyssenkrupp Materials Services customers as well as external companies to purchase emission reduction certificates and retire them. With CO₂ prices and continuously increasing legal requirements, saving CO₂ emissions will become an economic necessity in the coming years."

The Voluntary Carbon Credit Desk is part of thyssenkrupp Materials Services' sustainability strategy BEYOND, which is based on internationally recognized ESG criteria but goes beyond legal requirements and standards – hence BEYOND.

thyssenkrupp Materials Trading is an international trading and service company headquartered in Essen, Germany. The product range includes raw materials such as alloys, nonferrous metals, minerals, coke, coal and ores, various raw materials for future technologies, metallurgical products such as steel and tubes, pipe accessories, finished steel and stainless steel, as well as trading in new and used industrial equipment, machine tools, spare parts and construction elements for hydraulic steelwork and the offshore sector, and material and logistics services of all kinds. The range is rounded off by customized offers including financing and shipping.

12/13/22

Modernizing industrial metals trading: thyssenkrupp Materials Services launches online marketplace SteelBuy

The new online marketplace SteelBuy, a corporate venture of thyssenkrupp Materials Services, has been launched in the UK with the aim of revolutionizing traditional trading in industrial metals. The end-to-end platform primarily targets excess inventory and stands out by anonymizing buyers and sellers, reducing the effort required to close deals, managing payments and logistics, and offering sellers 24/7 access to a global market. As a result, the platform addresses aspects that have previously presented barriers to trade.

Terry Sargeant, CEO of SteelBuy, says: "The need for sellers to keep their competitors in the dark about excess inventory, as well as the effort required to find buyers, are the root causes of problems in the market. These are exacerbated by traditional metal trading methods. The result is that it is difficult for buyers to find these inventories as well as for sellers to identify the appropriate buyers. SteelBuy solves this problem and brings the parties together." v

12/6/22

Strengthening digital supply chain capabilities: thyssenkrupp Materials Services acquires Westphalia DataLab GmbH

thyssenkrupp Materials Services has acquired the data analysis and data science company Westphalia DataLab GmbH with effect from December 05, 2022. With the purchase, the largest mill-independent materials distributor and service provider in the western world expects to strengthen its expertise in digital supply chain services and accelerate the development of concrete solutions.

As part of its "Materials as a Service" strategic development, thyssenkrupp Materials Services is investing in new digital business models, particularly in supply chain services. "The potential for digital solutions to make supply chains more resilient and reduce CO₂ emissions is huge. Against the background of the dynamic market environment, we are focusing on innovations here and opening up new business areas," says Ilse Henne, Chief Transformation Officer of thyssenkrupp Materials Services.

10/24/22

Time savings and a reduction of error rates: thyssenkrupp Materials Processing Europe introduces mpe edi deluxe

Time savings and the reduction of error rates in production workflows as well as business processes: Aspects that are becoming increasingly important for customers in the dynamically changing environment. Fast and compact information exchange is essential for the smooth running of business processes and also saves resources elsewhere. Service center specialist thyssenkrupp Materials Processing Europe has optimized the exchange of data with its customers via edi and added several new functions.

With mpe edi deluxe, customers have the option of having the inspection data of their material and paper or PDF certificates transferred and stored in their individual ERP system – and this completely automatically. "We are thus able to simplify data exchange between suppliers and customers. The elimination of manual steps also minimizes the error rate," says Sandro Freudenberg, Sales Manager at the Stuttgart site of thyssenkrupp Materials Processing Europe. Due to the automated processes, there is a high time saving and personnel resources can be used more effectively. Customers also benefit from minimizing the cost of a complaint, as information about the manufacture of the products is stored in the system. As a result, the customer's inventory can be better selected and sorted. In addition, there are further development possibilities up to the introduction of inspection mechanisms such as a target/actual comparison of material properties.

Sustainability as an essential component of all business activities

Sustainable action is an essential factor in all activities of thyssenkrupp Materials Processing Europe. As part of its sustainability strategy, the parent company thyssenkrupp Materials Services has set itself the goal of operating on a climate-neutral basis by 2030. In addition, the company also wants to accompany its customers on this path and offers green products and solutions to reduce CO₂ emissions in the supply chains.

Offers such as mpe edi deluxe are an important part of this. In addition to steadily increasing digitization, thyssenkrupp Materials Processing Europe is also contributing to environmental protection with other projects: These include the offer of a pallet return system and the use of robust plastic pallets for recycling to enable more careful use of the scarce raw material wood. In addition, customers can take advantage of recycling services as part of their scrap disposal. In this way, surplus materials are bundled for remelting and fed back into the recyclable materials cycle in a structured manner.

thyssenkrupp Materials Services at EuroBLECH 2022

These and other digital solutions as well as sustainability topics will be presented by thyssenkrupp Materials Services, thyssenkrupp Materials Processing Europe and thyssenkrupp Schulte at EuroBLECH in Hanover from October 25 to 28, 2022.

We are looking forward to your visit in hall 17, stand E33.

10/21/22

First award for sustainability strategy: thyssenkrupp Materials Services wins Sustainability Award 2022

A year ago thyssenkrupp Materials Services announced its new sustainability strategy "BEYOND" and the goal of operating in a climate-neutral manner by 2030 – around 20 years earlier than originally set. The company has now received the Sustainability Award from the Berlin Institute Supply Chain Management for its strategic approach.

"As the biggest mill-independent materials distributor and service provider in the Western World, we have a responsibility: Our actions have an impact on the climate, our products and services, our employees and society," says Daniel Wodera, CFO of Materials Services, at the Sustainability Congress 2022 in Berlin. "That's why we're taking big steps forward on sustainability to move the entire industry. This can only be done with a clear strategy and the contribution of every single employee. Our approach is cross-functional, agile and closely linked to operations, which is why we have been able to achieve results in a very short time. We are delighted that this approach has now been recognized."

9/19/22

$37 million investment in Mexico: thyssenkrupp Materials Services continues growth in North America

New site specially geared to key future issues of the automotive industry: Sustainability and electro-mobility – exclusive service offering to meet the need for lighter vehicles
Expansion of leading market position in aluminium and steel service centers in Mexico
thyssenkrupp Materials Services with total investment volume of more than $100 million in the North American market in the last 12 months

thyssenkrupp Materials Services is continuing its expansion in North America and is planning a new site for the Materials de Mexico division in San Luis Potosí. In the central Mexican city, the company is investing around $37 million in a service center that will support the future viability of the automotive supply industry, which is growing strongly in this region. The new site will create jobs for around 65 employees. With this step, the biggest mill-independent materials distributor and service provider in the Western world is strengthening its leading position in the North American market and further aligning its service business to evolving customer needs. "The needs and requirements of the industry are changing rapidly," says Martin Stillger, CEO of thyssenkrupp Materials Services. "Against the background of the major transformation themes of electro-mobility, sustainability and supply chain resilience, Mexico is a clear growth market for us. Here we can support customers with our Materials as a Service strategy precisely in these key areas." In total, thyssenkrupp Materials Services has invested around $102 million in the North American market in the last 12 months.

Exclusive service offering to meet the need for lighter vehicles

The centerpiece of the new location is a Schuler blanking line used to cut aluminium and high strength steel blanks for the automotive industry. Due to its low weight, aluminium helps to reduce emissions and is often used prominently in electric vehicles. The automotive industry is responding to increasing demand brought on by the faster transition to electric mobility and stricter emission standards planned by the US government. For the Mexican suppliers, the USA is by far the biggest sales market – around 80 percent of sales are generated in this region. Secretary of Economic Development Juan Carlos Valladares Eichelmann explains: “San Luis Potosí will be a key geographical site for this international company to reach the State, due to the enormous advantages of its infrastructure and its industrial vocation.”