FRC Global Inc.
Climate Impact & Sustainability Data (2024)
Reporting Period: 2024
Environmental Metrics
ESG Focus Areas
- Gender Equality
- Emission Reduction
- Responsible Sourcing
- Investment in Technology
- Transparent Communication
- Environmental Sustainability
- Supporting Education
Environmental Achievements
- Developed eco-friendly refractory materials (calcined olivine and advanced taphole clay) using recycled mine tailings and eliminating carcinogenic tar.
- Partnered with manufacturing companies to recycle unused bricks.
- Invested in TKE-HTT™ technology for significantly improved heating system efficiency and reduced emissions.
Social Achievements
- 100% women ownership, setting a precedent for female leadership in the steel industry.
- Active promotion of gender equality and diversity through strategic action plans and participation in AWMI.
- Encourages employee participation and donations to local charities.
- Supports employee ongoing education, including full degree programs and certifications.
Governance Achievements
- Investment in Enterprise Resource Planning (ERP) system for increased efficiency and transparency.
- Prioritizes open and fast communication between steel suppliers and customers to manage transportation costs and order delays.
- Conducts regular audits and assessments to ensure vendors meet high standards of social and environmental responsibility.
Climate Goals & Targets
Environmental Challenges
- Energy-intensive steel production with significant pollutant emissions from traditional burner systems.
- Challenges in the steel industry related to increasing energy demands, rising production costs, environmental pollution, and strict environmental regulations.
- Managing the complexities of global freight transportation and ensuring timely delivery.
Mitigation Strategies
- Developed and implemented TKE-HTT™ technology for more efficient and lower-emission heating systems.
- Developed eco-friendly refractory materials using recycled mine tailings and eliminating carcinogenic tar.
- Implemented an ERP system to enhance supply chain management and transparency.
- Prioritizes open and fast communication with customers to manage transportation costs and order delays.
Supply Chain Management
Responsible Procurement
- Careful selection and partnership with manufacturing facilities that are transparent about their workforce, legal and ethical compliance, and fair labor practices.
Climate-Related Risks & Opportunities
Sustainable Products & Innovation
- Calcined olivine
- Advanced taphole clay
- TKE-HTT™ technology