The World Steel Association (worldsteel) today publishes its Sustainability Indicators 2024 report.
worldsteel uses eight indicators to measure key aspects of the steel industry’s economic, environmental, and social sustainability performance on an annual basis.
worldsteel members have been providing data for the eight indicators every year since 2004. A total of 93 steel companies and associations were included in this year’s data collection. The 36 companies who provided data for all eight indicators are listed in the report.
| Environmental performance |
UNIT |
2021 |
2022 |
2023 |
| 1 |
CO2 emissions intensity |
Tonnes CO2/tonne crude steel cast |
1.91 |
1.92 |
1.92* |
| 2 |
Energy intensity |
GJ/tonne crude steel cast |
21.04 |
21.01 |
21.27* |
| 3 |
Material efficiency |
% |
97.47 |
97.59 |
98.15 |
| 4 |
Environmental management systems |
% |
95.62 |
97.19 |
94.81 |
| Social performance |
2021 |
2022 |
2023 |
| 5 |
Lost time injury frequency rate |
Injuries/million hours worked |
0.85 |
0.85 |
0.76 |
| 6 |
Employee training |
Training days/employee |
7.62 |
8.22 |
8.90 |
| Economic performance |
2021 |
2022 |
2023 |
| 7 |
Investment in new processes and products |
% |
6.34 |
6.37 |
7.25 |
| 8 |
Economic value distributed |
% |
92.80 |
96.57 |
98.82 |
* For details relating to indicators 1 and 2, please refer to page 3 of the Sustainability Indicators 2024 report.
#Ends#
Note:
- The World Steel Association (worldsteel) is one of the largest and most dynamic industry associations in the world, with members in every major steel-producing country. worldsteel represents steel producers, national and regional steel industry associations, and steel research institutes. Members represent around 85% of global steel production.