Acerinox
Climate Impact & Sustainability Data (2013, 2020)
Reporting Period: 2013
Environmental Metrics
Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:22,058 tons (hazardous waste)
Carbon Intensity:Not disclosed
ESG Focus Areas
- Environmental
- Social
- Governance
Environmental Achievements
- Reduced greenhouse gas emissions (specific figures not provided in the report)
- Implemented programs for water management and waste reduction (details not quantified)
- Initiatives to protect biodiversity (details not quantified)
Social Achievements
- Employee training programs (2 hours per employee)
- Strong labor relations with 100% of employees covered by collective bargaining agreements
- Investment in employee well-being (details not quantified)
Governance Achievements
- Compliance with laws and regulations (no significant fines or sanctions reported)
- Implementation of anti-corruption policies and procedures (details not quantified)
- Adherence to the UN Global Compact principles
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Not disclosed
Mitigation Strategies
- Not disclosed
Supply Chain Management
Supplier Audits: 100% of suppliers and contractors underwent human rights screening
Responsible Procurement
- Inclusion of UN Global Compact principles in contracts
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: GRI G3
Certifications: Worldsteel Climate Action
Third-party Assurance: Profile Disclosure, Application Level Assured
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Sustainability Award 2013 from ISSF
Reporting Period: 2020
Environmental Metrics
ESG Focus Areas
- Ethical, responsible and transparent governance
- Eco-efficiency and the fight against climate change
- Circular economy and sustainable product
- A team committed to our culture, diversity and safety
- Supply chain and impact on the community
Environmental Achievements
- Achieving climate neutrality by 2050.
- A 20% reduction in emissions intensity (scope 1+2) by 2030, using 2015 data as a reference point.
- A 7.5% reduction in energy intensity by 2030, also using 2015 as a reference point for the calculation.
Social Achievements
- 33.3% female representation on the Board of Directors, fulfilling the target of reaching 30% by 2020.
- Creation of a new Sustainability Committee.
Governance Achievements
- External self-assessment of the functioning of the Board of Directors and its Committees carried out by KPMG.
- Increased Board meeting activity (41 meetings in 2020 compared to 28 in 2019).
Climate Goals & Targets
Long-term Goals:
- Achieving climate neutrality by 2050
Medium-term Goals:
- 7.5% reduction in energy intensity by 2030
Short-term Goals:
- 20% reduction in emissions intensity (scope 1+2) by 2030
Environmental Challenges
- COVID-19 pandemic and its impact on global economy and stainless steel demand.
- Significant decreases in demand for special alloys in various industrial sectors.
Mitigation Strategies
- Efficient management of expenses and working capital, reducing personnel and maintenance expenses by 16%.
- Strengthening of long-term financing and preservation of liquidity.
- Successful integration of VDM Metals.
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: UN Global Compact
UN Sustainable Development Goals
- 2030 Agenda
Guaranteeing our contribution to the Sustainable Development Goals of the 2030 Agenda and our compliance with the 10 Principles of the United Nations Global Compact.