Climate Change Data

Environmental Metrics

ESG Focus Areas

• Human Rights
• Environmental Protection

Social Achievements

• Strengthening supplier relationships to monitor compliance with guidelines and regulations for the sustainable procurement of minerals (ban on minerals from conflict or high-risk areas)
• Collective wage agreements or comparable remuneration systems
• Transparency about fair and motivating remuneration systems to create equal opportunities and performance-related pay
• Various internal guidelines on employee health, including in the areas of human resources, the environment and occupational safety

Governance Achievements

• Established a SCDDA-related risk management system
• Conduct annual risk analysis to identify human rights violation and environmental risks along the supply chain
• Assigned an internal resource with fixed responsibility for the reporting and complaints system as well as an external ombudsman's office

Climate Goals & Targets

Environmental Challenges

• Raw material and emissions
• Energy-intensive and harmful production processes
• Site and plant equipment and infrastructure
• Energy mix
• Steel sourcing from regions in India with higher population growth and poverty, a main source of highly harmful environmental emissions

Mitigation Strategies

• Specific measures to improve the environmental and social impact of steel use and comply with international initiatives for better standards
• Monitoring suppliers in EU and non-EU countries regarding compliance with international social and environmental standards
• Strategies to increase eco-efficiency and optimize the electricity mix for energy-intensive welding processes
• Continuous review of the effectiveness of procedures for assessing risks in the supply chain and for supplier development, making appropriate adjustments to the procurement strategy
• Regular strategic supplier meetings and audits reminding suppliers of compliance with ethical, social, and environmental standards
• Action plans with suppliers to address deviations from the Supplier Code of Conduct and monitor corrective measures

Supply Chain Management

Responsible Procurement

• Code of Conduct for Suppliers
• Sustainable procurement of minerals (ban on minerals from conflict or high-risk areas)

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: UN Global Compact, OECD Guidelines for Multinational Enterprises, ILO Core Labour Standards, European Convention for the Protection of Human Rights and Fundamental Freedoms, UN Universal Declaration of Human Rights

UN Sustainable Development Goals

• Goal 8: Decent Work and Economic Growth
• Goal 12: Responsible Consumption and Production

The company's commitment to human rights and environmental protection aligns with these goals through fair labor practices, sustainable procurement, and environmental stewardship.