Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental performance
• Social performance
• Economic performance
• Governance

Environmental Achievements

• 10% reduction in direct and indirect CO2eq emissions
• 74% of total waste generated directed to recovery/recycling
• 21% reduction in water consumption
• 7% reduction in energy consumption
• 82% of recycled input materials used

Social Achievements

• -11% fewer work-related accidents recorded than in 2019
• 22,069 total training hours provided during the year
• 96% of employees with open-ended contracts
• Established Pittini Group Foundation for charitable activities

Governance Achievements

• Completed corporate reorganization, simplifying decision-making processes
• Implemented an Energy Management System (EMS) according to UNI EN ISO 50001 standard
• Adopted an Environmental Management System (EMS) compliant with UNI EN ISO 14001 standard

Climate Goals & Targets

Environmental Challenges

• COVID-19 pandemic impacting processes and behaviors
• High energy and material consumption inherent to steel production

Mitigation Strategies

• Implemented extraordinary health protocols and safety measures
• Continued major investments in innovation and Industry 4.0, incorporating ESG criteria
• Zero Waste Energy project to assess energy sources and consumption
• Implemented energy efficiency measures and obtained white certificates

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: GRI

Certifications: UNI EN ISO 14001:2015, EMAS, UNI EN ISO 14021:2016, UNI EN ISO 50001:2018, UNI EN ISO 9001:2015, ISO 45001:2018

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Following the Sustainable Development Goals of the United Nations 2030 Agenda and contributing to fighting climate change

Sustainable Products & Innovation

• Granella®

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Energy efficiency
• Renewable energy
• Workplace safety
• Greenhouse gas emissions reduction
• Community support
• Waste reduction and circular economy
• Employee well-being and development
• Water resource management
• Ethical business practices
• Equal opportunities
• Supplier support

Environmental Achievements

• Reduced energy consumption by 7.9% compared to 2021
• Reduced water consumption by 3.1% compared to 2021
• 85.2% of total waste sent for recovery/recycling (10.8% increase compared to 2021)
• Reduced direct CO2eq emissions by 8.9% compared to 2021
• 371,582 tonnes of Granella® used instead of natural materials
• 64,700+ tonnes of ladle slag and refractories reused in the production cycle
• 50,568 tonnes of steel mill fume abatement dust recovered
• 43,260 tonnes of scale recovered
• 534,000 tonnes of potential residues turned into resources

Social Achievements

• 141 new hires (95% with open-ended contracts)
• 48,794 total hours of training provided (17% increase compared to 2021)
• 29% reduction in work-related accidents compared to 2021
• Launched the Pittini Group Foundation to support the community
• Implemented the INSIDE skills and performance evaluation model

Governance Achievements

• Acquisition of STEELAG group to expand presence in Central and Eastern Europe
• Revised governance system to support strategic development
• Created Compagnia Siderurgica Italiana S.p.A. as a sub-holding company

Climate Goals & Targets

Environmental Challenges

• Climate change with increasingly extreme weather events
• High energy consumption in steel production
• Need to reduce greenhouse gas emissions
• Supply chain disruptions

Mitigation Strategies

• Investments in energy efficiency improvements
• Increasing internal production of electricity from renewable sources (photovoltaic parks)
• Zero Waste Energy project
• Zero Waste Water project
• Susteel – Sustainable Steel program in Verona
• Discounting Project to support suppliers
• Research and development in decarbonisation technologies (e.g., hydrogen use)

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Supplier qualification questionnaire considering ESG issues
• Discounting Project to support suppliers

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather events

Transition Risks

• Regulatory changes
• Market shifts

Opportunities

• Development of energy-efficient products

Reporting Standards

Frameworks Used: GRI

Certifications: UNI EN ISO 14001:2015, Reg. CE 1221/2009 (EMAS), UNI EN ISO 14021:2016, Reg. 333/11, UNI CEI EN ISO 50001:2018, UNI EN ISO 9001:2015, ISO 45001:2018, UNI10617, UNI CEI EN ISO IEC 17025:2005

Third-party Assurance: Bureau Veritas Italia S.p.A.

UN Sustainable Development Goals

• Goal 3: Good Health and Well-being
• Goal 4: Quality Education
• Goal 5: Gender Equality
• 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

Not disclosed

Sustainable Products & Innovation

• Granella®
• Siderlime®

Awards & Recognition

• Special Mention at the “Dual Excellence Award 2021” for Pittini Challenge
• Best HR Team Certification for Steel Training