Steelmaker BlueScope is one of a number of major companies who have joined in the Australian Industry Energy Transitions Initiative (Australian Industry ETI) launched this week.
Together with a number of gas producers and industrial companies such as BHP, the initiative will work to understand how to move towards net zero emissions in supply chains by 2050.
Schneider Electric will serve as a technology partner with the initiative which is backed by the Australian Industry Group and the Australian Industry Greenhouse Network.
BlueScope said in a statement the focus was particularly in sectors where abatement has traditionally faced structural challenges.
“Specifically, the initiative will focus on five supply chains which collectively contribute more than a quarter of Australia’s annual greenhouse gas emissions – steel, aluminium, liquified natural gas, other metals and chemicals.”
The Energy Transitions Initiative is convened by ClimateWorks Australia and Climate-KIC Australia, and is chaired by the chancellor of Monash University, Simon McKeon.
BlueScope’s participation complements other programmes underway across the company to build sustainable supply chains and support a circular steel economy.
The initiative has received Australian Renewable Energy Agency funding support through a $300,000 grant.
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