| Environmental performance |
| Indicator |
Relevance |
Our Sustainability Principles |
Relevant UNSDG* |
| 1. |
GHG emissions intensity |
The production of steel is a carbon-intensive activity. Emissions from the steel industry, the majority of which come from carbon dioxide (CO2) represent 7% – 8% of global anthropogenic GHG emissions. Nonetheless, the steel industry is committed to continuing to reduce the carbon footprint from its operations. Achieving the drastic emissions reductions required will demand a fundamental transformation in how iron and steel are produced. |
Climate action |
Proactively address climate change and take effective actions to minimise the industry’s GHG emissions. |
7. Affordable & clean energy
13. Climate Action |
| 2. |
Energy intensity |
Steel production remains energy-intensive. The steel industry is focusing on increasing the energy efficiency of its operations and the proportion of low-carbon resources used. |
| 3. |
Renewable energy consumption |
The transition to renewable energy sources is essential to reduce the carbon footprint of steel production. Increasing the share of renewable energy in operations supports decarbonisation and enhances long-term energy security. |
| 4. |
Material efficiency |
The recovery and use of co products within and outside the steel industry combined with the responsible management of natural resources contribute to material efficiency and a circular economy. |
Circular economy |
Maximise the efficient use of resources throughout the life cycle of steel products and support society to achieve a circular economy. |
12. Responsible consumption & production |
| 5. |
Environmental management system (EMS) |
Registered environmental management systems are an effective way to manage environmental performance and to ensure legal compliance. |
Environmental care |
Conduct operations in an environmentally responsible manner. |
3. Good health & well-being
6. Clean water & sanitation
11. Sustainable cities & communities
12. Responsible consumption & production
14. Life below water
15. Life on land |
| 6. |
SOx emissions intensity |
Monitoring and reducing SOx emissions are essential to minimise environmental impact and protect human health and ecosystems. |
| 7. |
NOx emissions
intensity |
Monitoring and reducing NOx emissions are essential to minimise environmental impact and protect human health and ecosystems. |
| 8. |
Dust emissions
intensity |
Controlling and reducing dust emissions helps create a cleaner working environment and reduces the impact on surrounding communities. |
| 9. |
Fresh water
withdrawal |
Water is a vital resource for steel production. Monitoring and managing fresh water withdrawal levels ensures responsible water use and minimises the impact on local water sources and ecosystems. |
| 10. |
Fresh water
consumption |
Reducing freshwater consumption through recycling and efficient water management contributes to sustainable
operations and helps protect water availability for local communities and ecosystems. |
| Social performance |
| Indicator |
Relevance |
Our Sustainability Principles |
Relevant UNSDG* |
| 11. |
Lost time injury frequency rate (LTIFR) |
All injuries and work-related illness can and must be prevented. Measuring safety performance is one aspect of achieving good safety and health standards. |
Safety and health |
Maintain a safe and healthy workplace and act on health and safety incidents, risks and opportunities. |
3. Good health & well-being
8. Decent work & economic growth |
| 12. |
Employee training |
Human capital is a key asset for all organisations and a main driver for the creation of value. Training programmes aim to expand the knowledge and skills of employees and help them to make the best use of their talents. |
Our people |
Enable our people to realise their potential while providing them with an inclusive and fair working environment. |
4. Quality education
5. Gender equality
8. Decent work & economic growth |
| 13. |
Women in
workforce |
Diversity in the workforce strengthens organisational performance and innovation. Increasing the representation of women in all areas of the business promotes inclusivity and gender equality. |
| 14. |
Women on the
board |
Balanced representation in leadership fosters better decision-making and reflects the company’s commitment to diversity and equality at all levels of governance. |
| 15. |
Community
investment |
Steel operations are closely linked to the well-being of local communities. Investing in community development supports social inclusion, local economies, and long-term shared value creation. |
Local
communities |
Build trust and create
constructive relationships with local communities. |
11. Sustainable
cities &
communities |
| Economic performance |
| Indicator |
Relevance |
Our Sustainability Principles |
Relevant UNSDG* |
| 16. |
Investment in new processes and products |
Investments in new processes and R&D contribute to a sustainable steel industry. |
Innovation and prosperity |
Pursue innovations for technologies and products to achieve sustainable economic development. |
1. No poverty
8. Decent work & economic growth
9. Industry, innovation &
infrastructure |
| 17. |
Economic value distributed (EVD) |
Steel is critical to economic growth. It is important to quantify the value companies create and to establish how much of this wealth is distributed to society. |
| Governance performance |
| Indicator |
Relevance |
Our Sustainability Principles |
Relevant UNSDG* |
| 18. |
Supply chain assessment |
Responsible sourcing practices help ensure that suppliers adhere to environmental, social, and ethical standards, strengthening sustainability across the entire value chain. |
Responsible
value chains |
Lead responsible business
practices through the value chain. |
12. Responsible
consumption &
production |
| 19. |
Employee education on business ethics |
Ethical awareness and responsible behaviour are key to maintaining trust and integrity. Education on business ethics helps employees uphold high standards of transparency and accountability. |
Ethical and
transparent
operations |
Conduct operations with high standards and transparent
processes. |
17. Peace, justice and strong
institutions |