XCarb - Stockland innovation & excellence achievement
- XCarb - Stockland innovation & excellence achievement
Partnership-focused Building the Future with Less Carbon: Stockland and ArcelorMittal Join Forces for Sustainable Steel
Steligence®, ArcelorMittal International and their partner Jsteel have signed a Memorandum of Understanding 9MoU) with Stockland in Australia to promote engineered and, tailor-made solutions for Stockland’s projects, which include specifying ArcelorMittal’s XCarb® recycled and renewably produced products portfolio to lower Stockland’s Scope 3 embodied carbon.
The built environment is a major contributor to global carbon emissions, and embodied carbon - the emissions generated from materials and construction - poses a significant and ongoing challenge for the property sector. In logistics developments, where structural steel is a fundamental material, addressing these emissions is critical for driving sustainability and meeting net-zero commitments. The agreement provides Stockland, one of Australia’s largest diversified property companies, with the commercial and logistical support needed to bring these projects to life.
Structural steel has traditionally been manufactured using the blast furnace steelmaking route. And while this method has been refined over centuries, it remains reliant on coal as an iron ore reductant, making it a significant source of carbon emissions. Innovations in steel production are reshaping the industry. XCarb® products are low carbon-emissions steel made in an Electric Arc Furnace (EAF). They contain up to 100% recycled scrap and use 100% renewable electricity for the EAF smelting process, backed by Guarantees of Origin in Europe and I-RECs (International Renewable Energy Certificates) for the rest of the world. When compared with steel produced from the regular blast furnace route, XCarb® recycled and renewably produced steel delivers embodied carbon savings of around 87%.
Olivier Vassart, CEO of ArcelorMittal Steligence®: “As a company providing material to the construction market, we have a responsibility to reduce the impact of the built environment on global carbon emissions. Using our range of XCarb® low carbon-emissions steel in combination with best practices in design can easily enable developers to halve the carbon footprint of a building, compared with today’s benchmark.
Stockland General Manager, Strategic Supply Chain, Pete Bounsall sees an opportunity for the organisation to adopt low carbon-emissions materials like XCarb® recycled and renewably produced steel. “Adopting low carbon-emissions materials like XCarb® steel will allow us to reduce embodied carbon and build a more sustainable future for our industrial real estate assets. Our partnership allows us to optimise design and source more sustainable options. This is an important part of our approach to achieving our decarbonisation targets, and it’s the reason we’re looking at incorporating more sustainable products such as XCarb® steel across our portfolio,” he said.
“Achieving meaningful reductions in embodied carbon requires close alignment between material innovation, design, and supply chain execution. As the supply chain enablers, our job is to make sure we move beyond Intent and deliver at scale our solutions like XCarb® low carbon-emissions steel ensuring seamless integration into projects”, explained Prateek aggarwal, head of ArcelorMittal International Singapore.
A first successful collaboration
XCarb® steel is being used at Stockland’s new flagship multi-storey logistics development Momenta, located in the Sydney suburb of Banksmeadow.
Having commenced construction in late 2024, Stockland’s Momenta will be much more than a two-storey logistics facility of over 15,000 square metres. The facility will embody sustainability excellence, featuring XCarb® steel beams alongside water harvesting, solar energy, smart lighting, and biophilic landscape design. The building is on track to achieve a 36 per cent reduction in embodied carbon and is targeting a 5 Star rating under Green Star Buildings v1.
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