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Mercedes-Benz underlines ESG commitment with substantial...

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    Mercedes-Benz underlines ESG commitment with substantial achievements and measurable targets | Business Wire
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    Mercedes-Benz is pursuing the goal of a green steel supply chain from 2039 at the latest, together with all its steel suppliers. Low-CO2 steel, made from scrap, was already introduced into Mercedes-Benz vehicles. Furthermore, Mercedes-Benz is testing prototype parts including ultra-high strength martensitic steel from SSAB which contains almost fossil-free direct-reduced iron for series production. Mercedes-Benz was also the first car manufacturer to take an equity stake in Swedish start-up H2 Green Steel. Through this investment, Mercedes-Benz is promoting the transformation of the steel industry and intends to launch various vehicle models from 2025 which utilize almost CO2-free steel.


 
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