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04 Jun
12:15

ING leads bank group to support steel decarbonisation

Six steel industry-lending banks have established a working group to draft a climate-aligned finance agreement for the steel sector. The goal is to set global best practices on climate for financial institutions that facilitate steelmaking, thereby supporting steel decarbonisation. The finance agreement will include scope, emissions pathways, methodologies and governance structure. “Since the [steel] sector is so carbon intensive, there are expectations…
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