EQS-News

Klöckner & Co becomes GEA’s first supplier of CO₂-reduced stainless steel - Seite 2

GEA is pursuing the implementation of its 2040 climate plan with the goal of reaching net zero by using “green” stainless steel, among other things. The collaboration with Klöckner & Co is expected to be expanded over the coming years.

Guido Kerkhoff, CEO of Klöckner & Co: “With our Nexigen umbrella brand, we are mainly pursuing one goal: we want to help our customers make their supply chains greener. Therefore, we are really excited that GEA, our long-standing partner, has chosen Klöckner & Co for its first supply of CO₂-reduced stainless steel.”

“Our suppliers play a crucial role in achieving our climate goals,” says Johannes Giloth, Member of the Management Board and COO of GEA. “Sustainable procurement is indispensable here. That is why we work closely with our partners to jointly develop and offer resource-saving solutions. Therefore, we are delighted about the successful implementation of this project with Klöckner & Co.”

Klöckner & Co makes CO₂ emissions transparent

Under the Nexigen brand, Klöckner & Co offers transparent, CO₂-reduced solutions in the areas of materials, processing, logistics and data services. With the Nexigen PCF Algorithm, based on a calculation method that has been certified by TÜV SÜD, customers can retrieve the product carbon footprint for almost all of Klöckner & Co’s approximately 200,000 products. The Nexigen Data Services technology solution helps them manage their product emissions intelligently and digitally. In addition to providing information about the CO₂ emissions history of previously purchased products, it also suggests “greener” alternatives and shows the respective CO₂ reduction potential.

 

About Klöckner & Co:

Klöckner & Co is one of the largest producer-independent distributors of steel and metal products and one of the leading steel service companies worldwide. Based on its distribution and service network of currently 160 sites in 13 countries, Klöckner & Co supplies more than 90,000 customers. Currently, the Group has around 7,800 employees. Klöckner & Co generated sales of some €9.4 billion in fiscal year 2022. With the expansion of its portfolio of CO₂-reduced materials, services and logistics options under the Nexigen umbrella brand, the company is underscoring its role as a pioneer of a sustainable steel industry. At the same time, Klöckner & Co leads the way in the steel industry’s digital transformation and has set itself the target of digitalizing and largely automating its supply and service chain. In this way, the Company aims to develop into the leading one-stop shop for steel, other materials, equipment and processing services in Europe and the Americas.