Sustainability is a core business requirement, vital to a company’s continuing license to operate. An ethically and socially responsible approach can act as a competitive advantage for forward-thinking steel companies.
worldsteel therefore launched an industry-wide sustainability recognition programme to encourage steel companies to increase their efforts, set higher standards and make further progress.
The programme is an effective vehicle to demonstrate stronger commitment and proactive engagement of the industry to sustainable development.
1. Commitment & Action: Charter Member
Companies must sign the worldsteel Sustainability Charter and become Charter Member.
For steel companies to be eligible to sign the Charter, companies must provide evidence relating to all the 20 criteria.
2. Measurement: LCI data provision
Companies must provide data on Life Cycle Inventory (LCI) data to worldsteel’s data collection programme.
The data for LCI should cover more than 60% of the company’s crude steel production and should be less than 5 years old.
3. Excellence: The Steelie Awards and Safety and Health Recognition
Companies must be shortlisted in one of the 6 categories of the worldsteel Steelie Awards or must be recognised in the Safety and Health Recognition Programme.
The Steelie Awards categories are: Excellence in low-carbon steel production, Innovation of the year, Excellence in sustainability, Excellence in Life Cycle Assessment, Excellence in education and training, and Excellence in communications programmes. More details on the Safety and Health Recognition Programme can be found here.
Steel Sustainability Champions 2024
The twelve steel-producing companies recognised as the 2024 Steel Sustainability Champions for their work in 2023 are:
Note: From 2022, the Steel Sustainability Champions are named following the year of issue of the recognition; therefore, ‘2021 Steel Sustainability Champions’ does not appear in the list above.