Tag: EU Hydrogen Strategy (4 articles)

Industry   |   28 June, 2023 at 12:10 PM

EC approves €280 million to support steel production decarbonisation

The European Commission has approved, under EU State aid rules, a €280 million Belgian measure to support ArcelorMittal Belgium in partially decarbonizing its steel production processes. The measure will contribute to the achievement of the EU Hydrogen Strategy, the European Green Deal, and the Green Deal Industrial Plan targets while helping to end dependence on Russian fossil fuels and fast forward the green transition in line with the REPowerEU Plan.

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It is still a long way to embedding ESG principles into corporate culture, operations, and decision-making processes. That was the main takeaway from a panel at CEE ESG Forum 2024 organised by Property Forum and Green Forum in Vienna last November.