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The European Union is increasingly interested in Interpipe's plans in the field of decarbonization - top manager of the company

Ukraine

The industrial company Interpipe of Victor Pinchuk says that they have gone their way of decarbonization already 10 years ago, long before the Green Deal.

The European Union is increasingly interested in Interpipe's plans in the field of decarbonization - top manager of the company

The Ukrainian industrial company Interpipe is increasingly faced with requests for environmental audits from European industrialists. This was stated by the Deputy General Director of Interpipe "Denis Morozov, speaking at the Kiev International Economic Forum, according to a message on the company's Facebook page.

“European Union industrial leaders are increasingly demanding that their suppliers undergo environmental audits. Interpipe, as a major exporter of high-tech products, regularly encounters such requests. More and more clients and investors are focusing on ESG, interested in our plans in the field of decarbonization, ”D. Morozov said.

The report notes that the European Union has already become the main driver of environmental changes throughout the European continent. To tackle climate change, the EU has adopted a Green Deal program and is implementing a 'Fit for 55' package of initiatives to make Europe's economy climate neutral by 2050. European industrial leaders from various industries are voicing their ambitions to reduce CO2 emissions.

To achieve such goals, metallurgy will play a key role as the main supplier of steel for industrial goods. The company noted that Interpipe went the way of decarbonization 10 years ago, long before the Green Deal. In particular, the company made the largest environmental investment in the Ukrainian economy in the amount of $ 1 billion by building a modern electric steel-smelting complex Interpipe Steel instead of the environmentally dirty open-hearth production, thus reducing CO2 emissions by 10 times.

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