Climate Change Data

Environmental Metrics

ESG Focus Areas

• Governance
• Water and Effluent Management
• Greenhouse Gas Emissions and Climate Change
• Energy Consumption
• Air Quality
• Waste and Hazardous Materials Management
• Biodiversity and Reclamation
• Health and Safety
• Indigenous Relations
• Community Relations
• Workforce and Talent

Environmental Achievements

• No significant environmental incidents reported in 2020.
• Improved spill reporting and investigations due to increased training and awareness.
• $8.3 million investment to enhance the stability and capacity of the tailings management facility.
• Initiated a pilot project to test the use of an electric vehicle for employee transportation in 2021.

Social Achievements

• Increased community investment to $130,000 to mitigate the economic impacts of the COVID-19 pandemic.
• Increased the percentage of women in the workforce from 7.2% to 8.6%.
• Improved the Flex Care medical expense account and eliminated some fees for employee health benefits.
• Provided COVID-19 training for employees.

Governance Achievements

• Established a new framework of systems, policies, and procedures to support a sustainable culture.
• Implemented quarterly ESG risk assessments reviewed by the board's committees.
• Incorporated environmental and social performance criteria into executive compensation.

Climate Goals & Targets

Environmental Challenges

• COVID-19 pandemic and its impact on operations and workforce.
• Supply chain disruptions.
• Competition for key personnel.

Mitigation Strategies

• Implemented rapid COVID-19 testing programs.
• Implemented strict safety protocols and remote work options.
• Increased community investment.
• Developed alternative sourcing strategies.
• Competitive compensation and benefits packages to attract and retain talent.

Supply Chain Management

Responsible Procurement

• Prioritizing local procurement; 36% of total procurement spending in 2020.

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather events, potential impacts on infrastructure and water availability.

Transition Risks

• Regulatory changes, increased taxes on GHG emissions.

Opportunities

• Improved energy efficiency, use of renewable energy sources.

Reporting Standards

Frameworks Used: SASB, TCFD

Environmental Metrics

ESG Focus Areas

• Reduce consumption of non-renewable energy and reduce emissions of greenhouse gases
• Improve water efficiencies and decrease water consumption, prioritizing sites in high-stress areas
• Reduce waste and apply the principles of a circular economy
• Build a sustainable supply chain that fully integrates ethical and environmentally responsible practices

Environmental Achievements

• Not disclosed

Social Achievements

• Not disclosed

Governance Achievements

• Aligned annual Sustainability Report with topics and metrics from the Sustainability Accounting Standards Board (SASB) disclosure standards for the Chemicals industry and recommendations of the Financial Stability Board’s Task Force on Climate-Related Financial Disclosures (TCFD).

Climate Goals & Targets

Environmental Challenges

• Not disclosed

Mitigation Strategies

• Not disclosed

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• comprehensive set of standards for our suppliers

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: SASB, TCFD

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• recognized by 50/50 Women on Boards for the tenth year in a row for the number of women on our Board

Environmental Metrics

ESG Focus Areas

• Health and Safety
• Circular Economy
• Ethical Practices
• Community Engagement
• Climate Change (implied through GSCC membership)

Environmental Achievements

• Advancing the Circular Economy through efficient resource use and recycling initiatives to minimize waste and extend material lifecycle

Social Achievements

• Invested over $10 million in safety training and equipment upgrades, including AI technology deployment
• Community Engagement: Supporting local organizations through monetary donations and employee volunteer work, fostering dialogue and promoting sustainable development initiatives.

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Not disclosed

Mitigation Strategies

• Not disclosed

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Climate action
• Waste and recycling
• Water conservation
• Product stewardship
• Health and safety
• Employee engagement
• Diversity, equity and inclusion
• Community engagement
• Corporate governance
• Business ethics and compliance
• Supply chain management
• Cybersecurity and data privacy

Environmental Achievements

• 40% absolute reduction in combined Scope 1 and Scope 2 GHG emissions (2021-2023 compared with a 2018 baseline)
• 30% absolute reduction in total energy consumption (2021-2023 compared with a 2018 baseline)
• 35% absolute reduction in fresh water withdrawn (2021-2023 compared with a 2018 baseline)
• 10% reduction in waste-to-landfill intensity (2021-2023 compared with a 2018 baseline)

Social Achievements

• 45% of Board members identify as diverse in terms of gender, race or ethnicity
• 47% of senior managers and above identify as diverse
• Long-standing member of the Ohio Diversity Council
• Internal Belonging and Inclusion Advisory council driving initiatives
• Approximately 13% of workforce has served in the U.S. military

Governance Achievements

• Enhanced safety training and commitment to improving safety culture
• Evaluated environmental impact, including Scope 3 emissions
• Increased transparency with Global Reporting Initiative (GRI) reporting

Climate Goals & Targets

Environmental Challenges

• Fluctuations in customer demand
• Changes in operating costs (raw materials, energy, labor)
• Success of operating plans and capital investments
• Maintaining appropriate relations with the union
• Pension obligations and investment performance
• Achieving sustainability goals within the expected timeframe
• Changes in laws, regulations, and public policy
• Complexity of commodity supply chains
• Availability of financing and interest rates
• Impacts from common share repurchases
• Competitive factors
• Deterioration in global economic conditions
• Impact of global conflicts
• Climate-related risks
• Unanticipated litigation
• Cyber-related risks
• Potential impact of pandemics
• Funding for continuous bloom reheat furnace investment

Mitigation Strategies

• Cost reduction initiatives
• Improved working capital management
• Actions designed to improve profitability
• Pension annuitization actions
• Convertible note repurchases
• Targeted capital allocation for continuous improvement
• Global Steel Climate Council membership
• Embedded focus on sustainability across the company
• Sound capital structure
• Maintain working capital discipline

Supply Chain Management

Climate-Related Risks & Opportunities

Physical Risks

• Severe weather caused by climate changes

Transition Risks

• Legislative and regulatory initiatives addressing global climate change

Reporting Standards

Frameworks Used: GRI

Environmental Metrics

ESG Focus Areas

• Cybersecurity for democratic elections
• Cybersafe schools
• Engineering privacy into the internet
• Democratizing access to responsible AI
• Renewable energy
• Diversity, Equity, and Inclusion (DEI)

Environmental Achievements

• Not disclosed

Social Achievements

• Free services for state and local government election websites in 6 countries and 33 US states
• Free services for K-12 public school districts in 26 school districts across 14 US states, protecting 35,500 students and staff members
• Named one of Newsweek's 100 Most Loved Workplaces 2023 (#55)
• Providing free security tools to defend against attacks intended to silence humanitarian organizations, journalists, and voices of political dissent in collaboration with 54 civil society partners

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Not disclosed

Mitigation Strategies

• Not disclosed

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed