Climate Change Data

Environmental Metrics

ESG Focus Areas

• Climate Change
• Health and Safety
• Community Engagement
• Responsible Supply Chains
• Circular Economy
• Decarbonization
• Diversity and Inclusion

Environmental Achievements

• Achieved significant reductions in CO2 emissions through various improvement and optimization projects, including burner upgrades, optimized blast furnace performance, and enhanced gas utilization.
• Commissioned a new emissions control unit at the Port Talbot sinter plant, resulting in substantially reduced particulate emissions.
• Reduced emissions to air through the installation of a bag filter and the use of coking coals with lower sulfur content.
• Produced 100th Environmental Product Declaration (EPD) for construction sector customers.
• Developed Carbon Lite, a mass allocation scheme to pass on CO2 emissions savings to customers.
• Switched to hydrotreated vegetable oil (HVO) for diesel vehicles, reducing harmful emissions.

Social Achievements

• Developed a Safety Leader course for frontline supervisors, increasing engagement and reducing incidents.
• Implemented a mental health policy and created supporting resources and training.
• Increased the number of apprentices recruited.
• Consistently featured in the Rate my Placement Best 100 student employers list and UK 300 top graduate employers list.
• Supported community engagement through various initiatives, including sponsorship of events and graduate community projects.

Governance Achievements

• Established a programme to increase the amount of non-financial data collected and disclosed publicly.
• Took steps to secure third-party assurance of core non-financial data.
• Conducted a materiality exercise to better understand stakeholder concerns.
• Announced intention to secure ResponsibleSteel™ certification and engage with the Science-Based Targets initiative (SBTi).

Climate Goals & Targets

Environmental Challenges

• High energy prices compared to Europe.
• Supply chain shortages.
• Increase in public complaints regarding odour, noise, and dust due to blast furnace stability issues.

Mitigation Strategies

• Seeking UK and Welsh Government support for projects linked to energy efficiency, carbon reduction, and the circular economy.
• Closely examining processes and operations to ensure compliance with regulations and improve complaint management.
• Investing in electric induction furnaces at Corby site to reduce emissions.
• Implementing electrification schemes to reduce direct emissions.
• Engaging with renewable energy providers to explore opportunities for renewable electricity.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Responsible sourcing policy
• Supplier code of conduct
• OECD due diligence guidance
• Switch to HVO fuel
• Purchasing reduced-spec acids

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Regulatory changes
• Market shifts
• Energy price volatility

Opportunities

• Development of energy-efficient products
• Growth in renewable energy sector

Reporting Standards

Frameworks Used: TCFD

Certifications: ISO 14001:2015, BRCGS Global Standard for Packaging and Packaging Materials (AA rating)

Third-party Assurance: DNV

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• MagiZinc
• Carbon Lite
• Celsius® hollow sections
• ComFlor® and Roofdek® decking and roofing products
• Trimawall® Fast Fit

Awards & Recognition

• Three worldsteel ‘Steelie’ awards (2019-2022)
• Tata global Innovista award for sustainability profiler