BlueScope Steel Limited
Climate Impact & Sustainability Data (2015-2016, 2016-2017, 2018-2019, 2019, 2020-07 to 2021-06, 2021-07 to 2022-06, 2022, 2022-11-18 to 2022-12-16, 2024, FY2023)
Reporting Period: 2015-2016
Environmental Metrics
ESG Focus Areas
- Governance
- Environment
- Social (People, Community, Customers, Suppliers)
Environmental Achievements
- Australian GHG emissions have fallen by almost 40% since FY2012
- Over 99% of water used at Port Kembla Steelworks is recycled water or saltwater
- Only 3% of materials used at BlueScope sites left as waste in FY2016
- Received the 10-year sustainability achievement award at the NSW Green Globe Awards
Social Achievements
- LTIFR of 0.57 at the end of FY2016 (compared to 1.17 industry average)
- Implemented 'Stand up for Safety' program in Malaysia
- Launched CONNACTION program in Malaysia to improve community lives
- Increased female representation in hiring (23% of all employees hired in FY2016 were women)
Governance Achievements
- Implemented a comprehensive governance framework including Board and Committee Charters, Delegation of Authority Policy, Our Bond, and a risk management framework
- Established a Business Conduct Reporting Hotline
- Became a signatory to the World Steel Association’s Sustainable Development Charter
- Full ownership of North Star BlueScope Steel acquired
Climate Goals & Targets
- Not disclosed
- Not disclosed
- Not disclosed
Environmental Challenges
- Climate change and its impact on emissions
- Maintaining international competitiveness while reducing emissions
- Balancing emissions reduction with employment and economic activity
- Increasing female representation in the workforce
Mitigation Strategies
- Implementing energy efficiency measures (process optimization, equipment upgrades, etc.)
- Investing in research and development for emissions reduction technologies
- Working with governments on climate change policies
- Implementing diversity initiatives (recruitment models, training programs, etc.)
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Visiting major suppliers to observe environmental performance and worker conditions
- Guide to Business Conduct sets expectations for fair dealing with suppliers
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Climate change regulation
Opportunities
- Energy efficiency improvements
Reporting Standards
Frameworks Used: Null
Certifications: ISO 14001 (various sites)
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- ZINCALUME steel, COLORBOND steel with Activate technology, EPDs for products
Awards & Recognition
- Green Globe 10-year sustainability achievement award, various safety awards
Reporting Period: 2016-2017
Environmental Metrics
ESG Focus Areas
- Employee and contractor health, safety and wellness
- Climate change and energy
- Diversity and inclusion
- Governance and business conduct
- Supply chain sustainability
Environmental Achievements
- Reduced Australian CO2 emissions by 43% since FY2011
- Reduced fresh and recycled water use by 8% from FY2016
- Disposal of the Taharoa business will result in a one-third reduction in annual global fresh water use in the future
- Maintained a material efficiency rate of more than 95% since FY2011
- 8% reduction in emissions intensity per tonne of steel
Social Achievements
- Maintained Lost Time Injury Frequency Rate below 1.0 for 13 years
- Percentage of women recruited to operator and trades roles increased to 29%, from 7% in FY2016
- Percentage of women on Board of Directors increased to 33%
- Launched the Pulse employee engagement survey
- Launched the BlueScope Training Centre in Thailand
Governance Achievements
- Established a Sustainability Council
- Created a Risk and Sustainability Board Committee
- Developed a Responsible Sourcing Standard
- Developed first tax transparency report
- Undertook a detailed review of business conduct and corporate compliance
Climate Goals & Targets
Environmental Challenges
- Climate change and its impact on operations and markets
- Maintaining a capable and skilled workforce
- Managing social, environmental and ethical risks in global supply chains
- Ensuring compliance with environmental regulations
- Maintaining cost-competitive operations
Mitigation Strategies
- Investing in energy efficiency projects
- Implementing a refreshed innovation framework
- Developing a Responsible Sourcing Standard
- Strengthening HSE risk management processes
- Implementing diversity and inclusion initiatives
Supply Chain Management
Responsible Procurement
- Responsible Sourcing Standard
Climate-Related Risks & Opportunities
Transition Risks
- Market shifts, policy changes, legal matters, reputational risks
Opportunities
- Development of new products and services, differentiation from competitors
Reporting Standards
Frameworks Used: GRI Standards: Core Option
Certifications: ISO 14001
Sustainable Products & Innovation
- Butler TBS Insulation System, Varco Pruden ThermaLift Insulation System
Awards & Recognition
- National Steel Transport Safety Network Awards, Steel Manufacturers Association annual Don B. Daily Achievement in Safety award, Kepner Tregoe's International Rational Process Achievement Awards, BlueScope Environment Awards
Reporting Period: 2018-2019
Environmental Metrics
ESG Focus Areas
- Safety, health and wellbeing
- Climate change and energy
- Diversity and inclusion
- Supply chain sustainability
- Governance and business conduct
Environmental Achievements
- 1.2% reduction in GHG emissions intensity per tonne of steel compared to FY2018
- Achieved 47% aggregated pre- and post-consumer recycled scrap steel use across steelmaking operations
- Reduced total fresh and recycled water use by 20%, and water intensity per tonne of crude steel by 24%
- Reduced annual purchased electricity by 13% at New Zealand Steel through improved off-gas and heat recovery
Social Achievements
- 64% of employees engaged in HSE improvement projects
- Recruitment of women to permanent operator and trade roles at 40%
- Overall employee engagement score of 80%
- Launched new ‘Speak Up’ policy
Governance Achievements
- Published an Industry Associations Governance Standard
- Completed a review of APRA’s report into the Commonwealth Bank of Australia, identifying areas for improvement
- All members of the ELT had a component of their STI linked to specific sustainability measures
Climate Goals & Targets
- Not disclosed
- 1% year-on-year reduction in Scope 1 and Scope 2 GHG emissions intensity for steelmaking sites to 2030
- Not disclosed
Environmental Challenges
- Plateauing safety performance over the past 12 years
- Global demand for steel expected to grow significantly to 2050 and beyond, requiring new virgin steel production
- Challenges to develop and deploy low-emission steelmaking technologies
- Reputational impacts if not making progress against public commitments
- Substitution of steel from competing materials
- Government regulation of GHG emissions impacting international competitiveness
- Susceptibility of operations and supply chains to extreme weather
- Potential cartel conduct investigation by the ACCC
Mitigation Strategies
- Released a new five-year HSE strategy
- Implementing emissions and energy reduction projects
- Roll-out of supply chain sustainability program, including Supplier Code of Conduct and training
- Alignment of disclosures with TCFD recommendations and other frameworks
- Engagement with investors and proxy advisors on climate change
- Access to a broad range of capital markets
- Inclusion of shadow carbon pricing in Capital Investment Framework
- Support for emerging technology developments in iron and steelmaking
- Public commitment to review climate risk scenario analysis and GHG emission reduction targets every three years
- Short-term incentives for management linked to GHG emission reduction targets
- Communication of steel’s contribution to a circular economy
- Consideration of climate and energy policies within risk management framework
- Energy supply strategy considering cost, reliability and emissions intensity
- Advocacy for global cooperation for a fair and equitable response
- Risk management processes and climate risk scenario analysis supporting understanding of resilience
- Plant design specifications considering climate change impacts
- Engagement with key suppliers on climate change mitigation and adaptation
- Constructive engagement with the ACCC and internal investigation
Supply Chain Management
Supplier Audits: 34 assessments completed
Responsible Procurement
- Responsible Sourcing Standard
- Supplier Code of Conduct
Climate-Related Risks & Opportunities
Physical Risks
- More frequent storms and extreme weather
Transition Risks
- Access to capital becoming more restricted or expensive
- Challenges to develop and deploy low-emission steelmaking technologies
- Reputational impacts if not committed to or making progress against public commitments
- Government regulation of GHG emissions without sufficient measures to maintain international competitiveness
Opportunities
- Development of energy-efficient products
- Expansion of North Star operations
Reporting Standards
Frameworks Used: GRI
Certifications: ISO 14001, ISO 45001
UN Sustainable Development Goals
- SDG 3
- SDG 5
- SDG 6
- SDG 8
- SDG 12
- SDG 13
- SDG 16
- SDG 17
Aligned to the principles of the UN Global Compact and informed by the UN Sustainable Development Goals
Sustainable Products & Innovation
- Next Generation ZINCALUME® steel with Activate® Technology
- COLORBOND® Coolmax® steel
- COLORSTEEL® DRIDEX® steel
- Fielders SlimFlor™ steel flooring system
Reporting Period: 2019
Environmental Metrics
ESG Focus Areas
- Risk Management
- Ethics and Compliance
- Corporate Governance
- Sustainability
Climate Goals & Targets
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Period: 2020-07 to 2021-06
Environmental Metrics
ESG Focus Areas
- Sustainable and enduring business
- Safe and inclusive workplaces
- Climate action
- Responsible products and supply chains
- Strong communities
Environmental Achievements
- 28% reduction in absolute emissions since 2005
- Doubling of recycled water consumption from 3,290 to 7,100 ML, resulting in 4,000 ML reduction in total fresh water consumption
- Percentage recycled water consumption increased from 17% to 39%
- Fresh water intensity of steelmaking activities decreased from 2.03 to 1.32 kL per tonne of raw steel
- More than 180,000 tonnes of waste material diverted from landfill or treatment
- 98% material efficiency across our steelmaking assets
Social Achievements
- Maintained gender balance ratio for Board and ELT above 40% target
- Became a signatory to 40:40 Vision, an investor-led gender initiative
- Introduced a leadership capability framework and global learning platform
- Over 1000 BlueScope leaders globally participated in expert-led HSE leadership workshops
- Over 400 HSE risk control improvement projects completed globally
- Launched Our Purpose and updated Code of Conduct, How We Work
Governance Achievements
- Established a 2050 net zero GHG emissions goal
- Appointed a Chief Executive Climate Change
- Revised Capital Allocation Framework to better integrate climate-related considerations
- Published first Climate Action Report
- All members of the ELT have a component of their short-term incentive (STI) linked to specific sustainability measures
Climate Goals & Targets
- Net zero GHG emissions across operations by 2050
- GHG emission intensity reduction by 12% by 2030 for steelmaking
- GHG emission intensity reduction by 30% by 2030 for non-steelmaking activities
- Complete 280 supplier assessments over FY2022 and FY2023
- Conduct third-party onsite assessments for 15% of Priority suppliers
Environmental Challenges
- COVID-19 pandemic impacts
- Achieving 2050 net zero goal dependent on several enablers (commerciality of emerging technologies, renewable energy availability, raw material availability, and policy settings)
- Supply chain disruptions
- Water scarcity or variability in supply
- Climate change impacts on water availability and quality
Mitigation Strategies
- Maintaining COVID-safe workplaces and supporting teams
- Implementing HSE Evolution program
- Revised Capital Allocation Framework to prioritize climate-related considerations
- Developing future water strategy in line with ResponsibleSteel™ Standard
- Investing up to $150M over five years in climate projects and initiatives
- Increased use of recycled water
- Improved water monitoring, reduced use and improved discharge quality
Supply Chain Management
Supplier Audits: 230 Priority supplier assessments completed in FY2021 (exceeding target of 220)
Responsible Procurement
- Supplier Code of Conduct
- Supplier Assessment Framework
- EcoVadis assessment model
Climate-Related Risks & Opportunities
Physical Risks
- Riverine flooding
- Coastal inundation
- Soil movement due to drought and subsidence
Transition Risks
- Regulatory changes
- Market shifts
- Carbon pricing
Opportunities
- Development of energy-efficient products
- Transition to low-emission steelmaking technologies
Reporting Standards
Frameworks Used: GRI Standards (Core level), TCFD, SASB Industry Standard for Iron and Steel Producers, UN Sustainable Development Goals
Certifications: ISO 14001 (many facilities), ResponsibleSteel™ (seeking certification)
UN Sustainable Development Goals
- SDG 7 (Affordable and clean energy)
- SDG 9 (Industry, innovation and infrastructure)
- SDG 11 (Sustainable cities and communities)
- SDG 12 (Responsible consumption and production)
- SDG 13 (Climate action)
- SDG 17 (Partnerships for the goals)
BlueScope's Sustainability Outcomes are aligned to relevant SDGs
Sustainable Products & Innovation
- Cool roof solutions
- Advanced coating technologies
- High strength steel grades
- Resilient bar and coil products
- Roofing and wall cladding for better ventilation
- Efficient flooring
- Light gauge steel framing
- Components for renewable energy
- Weathering steel products
Awards & Recognition
- BlueScope’s 2020 Best Solution to a Health and Safety Risk Award
- BlueScope’s FY2021 Environment Improvement Award
- BlueScope’s Health and Safety Supply Chain Partnership Excellence Award
- BlueScope’s FY2021 Community Engagement Award
Reporting Period: 2021-07 to 2022-06
Environmental Metrics
ESG Focus Areas
- Sustainable growth and transformation
- Safe, healthy and inclusive workplaces
- Climate action
- Responsible products and supply chains
- Strong communities
- Governance
Environmental Achievements
- Port Kembla Steelworks and associated sites granted ResponsibleSteel™ certification – the first steelmaker in Asia Pacific to be certified and the fourth globally.
- 3.6 per cent reduction in steelmaking GHG emissions intensity, and 3.7 per cent reduction in non-steelmaking GHG emissions intensity since FY2018.
- Established BlueScope Recycling and Materials ferrous recycling business
- Diverted more than 48,000 tonnes of material away from landfill or treatment, via internal and external reuse and recycling.
- 97 per cent materials efficiency achieved across our three steelmaking facilities.
- 39 per cent of our total water consumption from recycled sources in FY2022
- Fresh water intensity of steelmaking activities decreased from 2.03 kL to 1.27 kL per tonne of raw steel since FY2018.
Social Achievements
- HSE Evolution program named a joint winner of worldsteel’s Safety and Health Excellence Recognition in Leadership and Culture for 2021.
- Launched global learning platform, with pilot capability frameworks for specific technical areas.
- Increased overall percentage of women in the workforce to 24 per cent and maintained gender balance ratio for Board and ELT in line with 40:40 Vision.
- Completed a series of Modern Slavery Roundtable discussions for all BlueScope senior leaders, and conducted business unit workshops on specific country risk areas (~200 employees participated in these sessions).
Governance Achievements
- Became a signatory to the United Nations Global Compact (UNGC).
- Updated Human Rights Policy to enshrine further protections for our people and those we work with.
- Introduced People and Payroll Governance Framework which strengthens first- and second-line accountability for working hours, wages and benefits, and culture.
Climate Goals & Targets
- Net zero GHG emissions across operations by 2050
- 12% GHG emission intensity reduction by 2030 for steelmaking activities
- 30% GHG emission intensity reduction by 2030 for non-steelmaking activities
- Complete 250 prioritised supplier assessments by the end of FY2023.
Environmental Challenges
- Decarbonising the steel industry challenged by global scrap availability and the need for breakthrough technologies.
- Supply chain disruptions due to COVID-19 pandemic and severe weather conditions.
- Achieving net zero challenged by global scrap availability
- Regional differences in scrap availability
- Availability of prime quality scrap
Mitigation Strategies
- Investigating a range of initiatives to ensure that Port Kembla Steelworks can deliver strong returns to the business, and the local community, for the next 100 years.
- Adopting technologies to use more scrap feed at steelmaking sites, and establishing BlueScope Recycling and Materials.
- Exploring emerging and breakthrough technologies with key value chain, government and academic partners.
- Installing and commissioning a renewable hydrogen electrolyser to explore and test green hydrogen in blast furnace operations at Port Kembla Steelworks.
- Exploring the establishment of a hydrogen hub in the Illawarra region.
- Expanding production capacity at North Star operation, supported by establishing BlueScope Recycling and Materials.
- Implementing our iron and steelmaking decarbonisation pathway to achieve our medium-term GHG targets and long-term goal.
- Actively working with suppliers on reuse and efficiency opportunities, and input materials with reduced impact.
- Optimising use of co-products and waste in operations and as valued inputs to other sectors, displacing material consumption.
Supply Chain Management
Supplier Audits: 139/year
Responsible Procurement
- Responsible Sourcing Framework, Responsible Sourcing Standard, Supplier Code of Conduct
Climate-Related Risks & Opportunities
Physical Risks
- Severe weather conditions
Transition Risks
- Commerciality of emerging and breakthrough technologies
- Availability of affordable and reliable renewable energy and hydrogen
- Availability of quality raw materials
- Appropriate policy settings
Opportunities
- Development of energy-efficient products
- Role of steel in renewable energy projects
Reporting Standards
Frameworks Used: GRI Standards, TCFD, SASB Industry Standard for Iron and Steel Producers, UN SDGs
Certifications: ISO 14001, ResponsibleSteel™
UN Sustainable Development Goals
- SDG 9: Industry, innovation and infrastructure
- SDG 17: Partnerships for the goals
- SDG 16: Peace, justice and strong institutions
BlueScope’s Purpose directly supports SDG 9; performance against SDGs complements SDG 17 and SDG 16.
Sustainable Products & Innovation
- TRUECORE® steel
- Activate® technology
- COLORBOND® steel
- ZINCALUME® steel
- LYSAGHT® building products
- BUTLER® building solutions
- VARCO PRUDEN® building solutions
- ENERWALL® System
- COLORSTEEL DRIDEX®
- SEISMIC® reinforcing
- REDCOR® steel
- XLERPLATE® steel
Awards & Recognition
- worldsteel Sustainability Champion for 2022
- worldsteel Safety and Health Excellence Recognition in Leadership and Culture for 2021
- BlueScope’s 2021 Health & Safety Excellence Award for Health, Wellbeing and Community Excellence (Coated Steel China Suzhou)
- BlueScope’s 2021 Health and Safety Excellence awards for Health and Safety Innovation of the Year (BlueScope Building Components, Western Australia)
- Supply Chain Partnership Excellence Award (NS BlueScope Thailand)
- 'Best industrial energy management project 2022' at the Australian National Energy Efficiency Awards (Western Sydney Service Centre)
Reporting Period: 2022
Environmental Metrics
ESG Focus Areas
- Climate Change
- Social
- Economic
Environmental Achievements
- Reduced potential for dust emissions and material spillage during unloading activities through modernised ship unloading equipment
Social Achievements
- Continued operation of PKSW supporting approximately 4,500 direct and indirect jobs and approximately 10,000 jobs in total in the region and across NSW
Governance Achievements
- Not disclosed
Climate Goals & Targets
- Not disclosed
- Not disclosed
- Not disclosed
Environmental Challenges
- Depletion of 3-seam coal supply from Dendrobium Coal Mine by 2028, requiring import of supplemental coal from Queensland
- Need for increased scrap usage to mitigate GHG emissions
- Existing berths at PKSW cannot accommodate increased capacity
Mitigation Strategies
- Upgrade of raw materials berths 111, 112, and 113 (CLIP)
- Construction of a new continuous ship unloader (CSU)
- Relocation of existing ship unloaders and construction of new conveying infrastructure
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Increased scrap usage to reduce GHG emissions
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
Reporting Period: 2022-11-18 to 2022-12-16
Environmental Metrics
ESG Focus Areas
- Environmental
- Social
- Governance
Environmental Achievements
- Reduced air emissions from current operations through the use of a continuous ship unloader and enclosed conveyors
- Dust controls implemented for coal stockpiles (water sprays)
Social Achievements
- Retention of approximately 4,500 jobs at PKSW and support of approximately 10,000 jobs in total
Governance Achievements
- Ongoing consultation with relevant government agencies and stakeholders
Climate Goals & Targets
- Not disclosed
- Not disclosed
- Not disclosed
Environmental Challenges
- Potential for noise and vibration during construction
- Potential for dust generation during construction
- Potential impacts on traffic and transport during construction
- Potential impacts on water quality during construction
- Potential impacts on air quality during construction
Mitigation Strategies
- Implementation of a Construction Noise and Vibration Management Plan
- Implementation of a dust management plan
- Implementation of a Construction Traffic Management Plan
- Implementation of a Soil and Water Management Plan
- Regular monitoring and reporting of environmental parameters
Supply Chain Management
Responsible Procurement
- Maximising local content
- Implementation of BlueScope’s First Nations Strategy for indigenous employment
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used:
Certifications: ISO 14001:2015
UN Sustainable Development Goals
- Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed
Reporting Period: 2024
Environmental Metrics
ESG Focus Areas
- Sustainable and enduring business
- Safe and inclusive workplaces
- Climate action and environment
- Responsible products and supply chains
- Strong communities
Environmental Achievements
- Reduced GHG emissions (Scope 1 and 2) by 4% compared to FY2018
- 12% reduction in GHG emissions intensity for steelmaking activities against FY2018 baseline
- 8.4% reduction in GHG emissions intensity for non-steelmaking activities against FY2018 baseline
- 50% of ferrous input for BlueScope overall was comprised of recovered or recycled scrap steel
- Total fresh and recycled water consumption decreased by 5% relative to FY2018
- Steel manufacturing fresh water intensity has reduced by 37% relative to FY2018
Social Achievements
- 25% female representation in the BlueScope workforce
- 271 HSE risk control improvement projects completed in FY2024
- 269 supplier assessments completed in FY2024
Governance Achievements
- 50% female representation on the Board and ELT in line with 40:40:20 target
- Updated Supplier Code of Conduct launched
Climate Goals & Targets
- Net zero emissions by 2050
- 30% reduction of emissions intensity by 2030 across non-steelmaking activities
- 12% reduction of GHG emissions intensity by 2030 across steelmaking activities
Environmental Challenges
- Lagging injury metric TRIFR remained above the long-term historical range of 5-7
- Increased net energy consumption due to the ramp-up of the North Star expansion
- Increased total fresh and recycled water consumption relative to FY2023 due to reduced annual rainfall and increased production
- Number of environmental non-compliances (40) although all were low severity
Mitigation Strategies
- Instigated a global “Refocus on Safety” program
- Optimizing current operating assets to allow increased scrap consumption
- Implementing a range of projects to reduce emissions
- Continued focus on reducing impact on local air quality with strict monitoring processes
Supply Chain Management
Supplier Audits: 269 in FY2024
Responsible Procurement
- Supplier Code of Conduct
- Supplier ESG assessment
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRI Standards (2021), SASB Industry Standard for Iron and Steel Producers, UN Sustainable Development Goals, TCFD
Certifications: ResponsibleSteel™
Third-party Assurance: PricewaterhouseCoopers
UN Sustainable Development Goals
- SDG 8.8.1
- SDG 12.5.1
- SDG 13.2.2
- SDG 7.3.1
- SDG 11.6.2
- SDG 6.4.2
- SDG 5.5.2
Various initiatives throughout the report contribute to these goals.
Awards & Recognition
- Inclusive Workplace Award (New Zealand Steel)
- Inclusive Employer (Australian Steel Products)
Reporting Period: FY2023
Environmental Metrics
ESG Focus Areas
- Sustainable growth and transformation
- Safe, healthy and inclusive workplaces
- Climate action
- Responsible products and supply chains
- Strong communities
Environmental Achievements
- Reduced steelmaking greenhouse gas emissions intensity by 8.0% since FY2018
- Western Port site achieved ResponsibleSteel™ site certification in September 2023
- Reduced waste-to-landfill impact by 11% annually at BlueScope Recycling and Materials Mansfield site
- Reduced water consumption at Rancho Cucamonga metal coating line by approximately 23%
- Recycled around 40,000 cubic meters of water annually at Suzhou, China
Social Achievements
- Launched Health and Wellbeing framework in February 2023
- Female representation on the Executive Leadership Team grew to 55%
- New Zealand Steel engaged with local iwi to understand cultural values and incorporate iwi feedback on ecological improvements
- Completed a comprehensive review of potential modern slavery issues across all sites
- Tata BlueScope Steel launched a professional certification program for structural riggers and roofers
Governance Achievements
- Launched our new Responsible Sourcing Policy
- Refreshed Supplier Code of Conduct
- Completed 229 supplier assessments
- 25% of ELT Short Term Incentive (STI) allocated to ESG topics
Climate Goals & Targets
- Net zero GHG emissions across operations by 2050
- 12% GHG emission intensity reduction by 2030 for steelmaking activities
- 30% GHG emission intensity reduction by 2030 for non-steelmaking activities
Environmental Challenges
- Insufficient scrap steel supply in Australia to meet production needs
- Complex challenge of decarbonising ironmaking in Australia
- Modern slavery issues affecting some contract workers in Malaysia
Mitigation Strategies
- Accelerating initiatives in lower emissions ironmaking pathways, including working with Rio Tinto to explore a Direct Reduced Iron (DRI) process
- Undertaking a broader options study to explore the longer-term decarbonisation of ironmaking in Australia
- Ongoing remediation process in Malaysia, including reimbursing recruitment fees and addressing supplier breaches
Supply Chain Management
Supplier Audits: 229 supplier assessments completed; 12 on-site audits undertaken
Responsible Procurement
- Responsible Sourcing Policy; Supplier Code of Conduct; ESG assessments
Climate-Related Risks & Opportunities
Transition Risks
- Government climate policies
Opportunities
- Providing steel for renewable energy infrastructure; development of energy-efficient products
Reporting Standards
Frameworks Used: GRI Standards, TCFD, SASB Industry Standard for Iron and Steel Producers, UN SDGs
Certifications: ISO 14001
Sustainable Products & Innovation
- COLORBOND® steel cool roofing; TRUECORE® steel; Lysaght® Green Roof Solution
Awards & Recognition
- BlueScope was nominated as one of three finalists for WorldGBC’s Asia Pacific 'Business Leadership in Sustainability Award'
- Australian Steel Institute's 2022 Steel Excellence Award
- New Zealand Steel won the Inclusive Workplace Award at Diversity Awards NZ