Máximo Vedoya, CEO of Ternium, receives recognition for the company’s environmental work during the General Assembly of the World Steel Association, held in Monterrey.
Ternium has been recognized by the World Steel Association (worldsteel), an organization representing the world's largest steel producers, for its participation in the worldsteel Climate Action Program.
On Monday, October 14, during the Worldsteel General Assembly held in Monterrey, Máximo Vedoya, CEO of Ternium, received a certificate recognizing the company for its contribution to the data collection program for carbon dioxide emissions (CO2) during the 2018/2019 period.
The information tracks the industry's performance in this area using comparative data to allow each company to measure its improvement according to best practices.
Ternium has been reporting its data for the last decade, and the certificate represents a guarantee that the information shared has received approval from the environmental experts working at the international organization. Over 50 steelmakers from around the world have taken part in the program over the last year.
CO2 emissions is one of the principal areas of action addressed by the global steel sector in its bid to tackle climate change. On its website, worldsteel explains the scope of the program: “The data collection program is at the core of the steel industry's global steel sectoral approach to climate change. Based on a common methodology, definitions and agreed boundaries, the data collection program enables individual steel plants to compare themselves against both average and best performance and identify its scope for improvement.”