Climate Change Data

Environmental Metrics

ESG Focus Areas

• Climate change
• Circular economy
• Occupational health and safety
• Employee well-being
• Supply chain sustainability
• Community engagement

Environmental Achievements

• Launched decarbonization plan with a target of 30% reduction in Scope 1 and 2 emissions by 2030 (compared to 2018 baseline).
• Implemented I-Recovery® project, recovering heat from the melting furnace to generate thermal energy for district heating and electricity.
• Achieved Environmental Product Declaration (EPD) certification for steel products.
• Reduced total waste generated by 2% despite including the Ospitaletto plant in reporting.
• 80% of waste sent for recovery in 2022.
• Connected to Air Liquide oxygen pipeline, saving approximately 4,000 tons of CO2 per year.

Social Achievements

• Increased workforce by 108 employees with the integration of the Ospitaletto plant.
• 96% of workforce employed on a permanent basis.
• Increased training hours to 26 per employee (from 16 in 2021).
• Implemented Behaviour-Based Safety (BBS) project to improve worker safety.
• Launched Smart Track Systems for worker safety in isolated environments.
• Provided a one-off bonus of €1,000 to all employees to help with inflation, and a €3,000 bonus for new parents.

Governance Achievements

• Renewed the Board of Directors for the 2022-2024 period.
• Established a Sustainability Manager role reporting directly to the CEO.
• No cases of corruption or anti-competitive behavior identified during the reporting period.
• Set up a Data Protection Committee in compliance with GDPR.

Climate Goals & Targets

Environmental Challenges

• Increased energy costs negatively impacting the business and supply chain.
• Global economic instability due to the war in Ukraine.
• Decreased market demand leading to reduced production volumes.

Mitigation Strategies

• Developed a decarbonization plan to reduce reliance on fossil fuels.
• Implemented energy efficiency projects to reduce consumption.
• Planned the progressive replacement of fossil fuels with biomethane and hydrogen.
• Investing in renewable energy sources (solar panels, PPA).

Supply Chain Management

Supplier Audits: All new suppliers are assessed based on quality, environmental, and social criteria.

Responsible Procurement

• Certified quality management system (UNI EN ISO 9001/2015)
• Compliance with environmental and safety regulations
• Compliance with EU Regulation 333/2011 for scrap metal processing
• Assessment of alignment with safety and environmental standards, labor insurance, and guarantees of regular wage payments.

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Increased energy costs
• Regulatory changes

Opportunities

• Development of energy-efficient products
• Use of renewable energy sources

Reporting Standards

Frameworks Used: GRI Sustainability Reporting Standards

Certifications: UNI EN ISO 9001:2015, IATF 16949:2016, UNI EN ISO 14001:2015, UNI ISO 45001, UNI CEI ISO 50001:2018, ISO 14064-1:2018

Third-party Assurance: EY S.p.A.

UN Sustainable Development Goals

• Goal 3: Good Health and Well-being
• Goal 4: Quality Education
• Goal 6: Clean Water and Sanitation
• Goal 7: Affordable and Clean Energy
• Goal 8: Decent Work and Economic Growth
• Goal 9: Industry, Innovation and Infrastructure
• Goal 11: Sustainable Cities and Communities
• Goal 12: Responsible Consumption and Production
• Goal 13: Climate Action
• Goal 17: Partnerships for the Goals

ORI Martin's initiatives contribute to these goals through various environmental, social, and governance programs.

Sustainable Products & Innovation

• Steel produced using 95% recycled scrap

Awards & Recognition

• AIDO 'gold medal for social commitment' (2019)