Climate Change Data

Metallus

Climate Impact & Sustainability Data (2022, 2023)

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:635,101 mt/CO2e (Scope 1+2); 1,253,713 mt/CO2e (Scope 3)
Scope 1 Emissions:283,309 mt/CO2e
Scope 2 Emissions:351,792 mt/CO2e
Scope 3 Emissions:1,253,713 mt/CO2e
Renewable Energy Share:5%
Total Energy Consumption:6,320,335 GJ
Water Consumption:1,430 ML
Waste Generated:13,154 mt
Carbon Intensity:0.9 mt CO2eq/ton steel produced

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

  • Met 2030 goals for 40% absolute reduction in combined Scope 1 and Scope 2 greenhouse gas emissions, 35% absolute reduction in fresh water withdrawn, and 10% reduction in Waste-to-Landfill intensity, all ahead of schedule.
  • Relocated scrapyard to improve efficiency and reduce transportation needs and fuel costs, lowering annual carbon emissions by approximately 2.9 million pounds.
  • Made significant progress in LED lighting upgrades.

Social Achievements

  • Implemented additional safety leadership training for all levels of plant operations management.
  • Made safety upgrades and process changes.
  • Created tangible action plans to improve safety culture.
  • Implemented flexible and hybrid workplace policies for non-union employees.
  • Added an additional personal day for all salaried and non-union hourly employees.
  • Enhanced benefits plan.

Governance Achievements

  • Welcomed Mary Ellen Baker and Nicholas J. Chirekos to the Board, enhancing technology, cybersecurity, finance, capital markets, and M&A expertise.
  • Published three new policies: Human Rights, Child and Forced Labor, and Combatting Human Trafficking.
  • Implemented additional tools and processes to closely monitor supplier adherence to the Supplier Code of Conduct.

Climate Goals & Targets

Long-term Goals:
  • Achieve carbon neutrality.
Medium-term Goals:
  • Achieve carbon neutrality.
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Disappointing overall 2022 safety performance, including a melt shop safety incident resulting in a fatality.
  • Fluctuations in operations affecting key environmental metrics.
Mitigation Strategies
  • Implemented enhanced safety training, made upgrades, invested in safety improvements, and enhanced processes and programs to reinforce a lasting culture of safety.
  • Increased investment in safety in 2023 ($7 million) and tied executive compensation to safety performance.
  • Continued to drive initiatives to reduce emissions, improve energy efficiency, conserve water, and reduce waste.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Supplier Code of Conduct

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather and natural resource shortages
Transition Risks
  • Increased regulation (emission standards, renewable energy targets, carbon emission pricing)
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: GRI, SASB, TCFD

Certifications: ISO 14001

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Ultrapremium™ certified air-melt technology

Awards & Recognition

  • 2022 Leading the Way Award from United Way of Greater Stark County

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:718,500 tCO2e/year (Scope 1+2)
Scope 1 Emissions:315,000 tCO2e/year
Scope 2 Emissions:337,000 tCO2e/year
Scope 3 Emissions:1,253,713 tCO2e/year (2022 data)
Renewable Energy Share:5% (electricity)
Total Energy Consumption:6,684,000 GJ/year
Water Consumption:1,737 ML/year
Waste Generated:16,328 mt/year
Carbon Intensity:0.82 mt CO2e/ton steel produced

ESG Focus Areas

  • Safety
  • Environmental Stewardship
  • Governance
  • Diversity and Inclusion
  • Community Engagement
  • Supply Chain Sustainability

Environmental Achievements

  • 44% reduction in combined Scope 1 and Scope 2 GHG emissions since 2018
  • Successful completion of scrapyard relocation project resulting in significant emissions reductions
  • Installation of four EV charging stations
  • Significant progress in transitioning to LED lighting
  • Implementation of ultrasonic leak detection to reduce waste and improve energy efficiency
  • All products contain over 90% recycled content by weight
  • ISO 14001 Certification Renewal for all domestic manufacturing facilities

Social Achievements

  • $10M+ invested in safety measures in 2023, including machine safeguarding and fire system upgrades
  • 45% improvement in housekeeping score
  • 120 job safety analyses completed
  • 1,250+ audit findings resolved
  • Lost-Time Incident Rate decreased to 0.22 (lowest in several years)
  • 98% of plant leaders and supervisors completed SafeLead training
  • Launched a new “Way to Go!” employee recognition program resulting in 2,035 e-cards and 3,715 reward cards
  • Expanded internship and co-op programs
  • Community investments through support of Akron-Canton Regional Foodbank, Habitat for Humanity, and United Way

Governance Achievements

  • New Supplier Code of Conduct published in 2023 with expanded expectations on human rights, responsible sourcing, information security, and environmental sustainability
  • Welcomed Jamy P. Rankin to the Board of Directors
  • Melissa M. Miller nominated as director

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • 40% absolute reduction in combined Scope 1 and Scope 2 greenhouse gas emissions by 2030 from 2018 baseline
  • 35% absolute reduction in fresh water withdrawn by 2030 from 2018 baseline
  • 30% absolute reduction in total energy consumption by 2030 from 2018 baseline
  • 10% reduction in Waste-to-Landfill intensity by 2030 from 2018 baseline
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Increase in absolute GHG emissions in 2023 despite reduction in GHG intensity due to increased output
  • Increase in waste-to-landfill intensity in 2023 due to project completions
Mitigation Strategies
  • Focus on energy conservation projects and long-term energy supply projects to reduce Scope 1 GHG emissions
  • Continued efforts to reduce waste-to-landfill intensity through recycling and reclamation processes

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Supplier Code of Conduct

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: SASB (Iron & Steel Producers), GRI

Certifications: ISO 14001

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Not disclosed