Electra Steel is Sandeep Nijhawan’s brainchild to decarbonize the process of making steel by creating green iron ore. The incumbent steel industry is a big offender when it comes to greenhouse gases, emitting about 2 tonnes of CO2 produced for every tonne of steel, and a major part of emissions-producing steel production hinges on the processing of iron, so Electra’s strategy is to address this part. This case discusses the steel manufacturing industry and the process of converting iron to steel as well as highlights sources of emissions.
Columbia Business School's Deming Center Awards 2024 Deming Cup to Beth Ford and Julie Sweet
For its 15th anniversary, the award for operational excellence recognizes executives Ford, of Land O’Lakes, Inc., and Sweet, of Accenture