Erasteel SAS
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:17,559,259 kg CO2e
Scope 1 Emissions:12,358,369 kg CO2e
Scope 2 Emissions:5,200,890 kg CO2e
Total Energy Consumption:164,773 MWh
Waste Generated:14,784 tons
ESG Focus Areas
- Environmental sustainability
- Social sustainability
- Governance
Environmental Achievements
- Launched an Environmental Product Declaration (EPD®) project in 2023 to assess and disclose the environmental footprint of Erasteel’s products.
- Achieved 100% metal recovery with zero waste in battery recycling at the Commentry site.
Social Achievements
- Maintained a zero-fatality target among employees and contractors.
- Aimed to halve the accident frequency rate and ensure all accidents are reported and processed.
Governance Achievements
- Established a new governance structure with a new CEO, a dedicated Board of Directors, and a Group Executive Management (GEM).
Climate Goals & Targets
Long-term Goals:
- Establish global leadership as the first producer of high-performance and low carbon footprint High-Speed Steels (HSS) made from 100% of recycled materials.
Environmental Challenges
- Data availability and quality were identified as a challenge in 2019.
- Remaining reporting gaps due to organizational changes in 2023.
Mitigation Strategies
- Improved data management processes throughout the organization, especially related to energy consumption and greenhouse gas emissions.
- A comprehensive review of policy documents is scheduled for 2024.
Supply Chain Management
Responsible Procurement
- Suppliers Code of Conduct
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRI
Certifications: ISO 14001, ISO 9001, EN 9100 (parts of operations)