About 86% of Companies in the S & P 500 index have submitted sustainable development reports, and there is a strong force in promoting the decarbonization of the industrial sector. In the industrial sector, the two sub industries - steel and cement - together account for about 14% of the total global carbon dioxide emissions, 34% of the total global methane emissions, and 47% of the carbon dioxide emissions of heavy industry. In fact, the average carbon dioxide emission per ton of steel produced in 2018 was 1.85 tons, equivalent to about 8% of the global carbon dioxide emissions.
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