Climate Change Data

Alleima AB (publ)

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:96000 tCO2e/year
Scope 1 Emissions:86000 tCO2e/year
Scope 2 Emissions:61000 tCO2e/year (location based), 10000 tCO2e/year (market based)
Renewable Energy Share:66%
Total Energy Consumption:1036 GWh/year
Waste Generated:112000 tons/year
Carbon Intensity:0.49 ton CO2/ton steel (2023)

ESG Focus Areas

  • Climate and circularity
  • Leadership in sustainability
  • A responsible employer
  • Ethical business conduct

Environmental Achievements

  • Reduced CO₂ emissions by 10% during the year and 35% since 2019, reaching 96 ktons.
  • 80% recycled steel in finished products.
  • More than 96% fossil-free electricity used in plants.
  • Initiatives to reduce water consumption.
  • 74% waste circularity (excluding slag).

Social Achievements

  • Launched Alleima Colleague Engagement Survey (ACES) to measure employee satisfaction.
  • Increased the percentage of women in managerial positions to 23.3% (from 22.7%).
  • Launched an ambassador program for diversity and inclusion.
  • Reduced TRIFR injury rate to 6.8 (from 7.6).

Governance Achievements

  • Implemented the Speak-Up system for reporting suspected breaches of the Code of Conduct.
  • Compliance program encompassing six main areas: whistle-blowing, anti-bribery, competition law, trade compliance, customs, and data privacy.
  • All Alleima employees undergo training in the company's Code of Conduct.

Climate Goals & Targets

Long-term Goals:
  • SBTi: net-zero emissions by 2050.
Medium-term Goals:
  • Reduce Scope 1 and 2 CO₂ emissions by more than 50% by 2030, compared with 2019.
  • 83% circularity in steel produced by 2030.
  • 76% circularity in waste generated by 2030.
  • One-third of management to be women by 2030.
Short-term Goals:
  • Reduce Scope 1 and 2 CO₂ emissions by 4.5% compared with 2023.

Environmental Challenges

  • Reduced share of secondary material driven by a changed product mix.
  • Challenges in sourcing recycled steel appropriate for producing specialized materials with higher contents of elements such as nickel and molybdenum.
  • Slag from steel manufacturing represents the single largest environmental impact.
  • Risk of claims in relation to contaminations from past operations with less stringent environmental requirements.
Mitigation Strategies
  • Engaging with customers to enable the buy-back of materials.
  • Exploring opportunities, testing, and implementing projects to bring slag into circular waste streams.
  • Partnerships with external parties to transform slag into usable material and repurpose magnesite-based tundish lining material.
  • Ongoing efforts to identify potential alternatives to depositing slag.
  • Corrective actions prompted to comply with guideline values in environmental permits.

Supply Chain Management

Responsible Procurement
  • Supplier Code of Conduct

Climate-Related Risks & Opportunities

Physical Risks
  • Weather-related events impacting operations, customers, or suppliers
Transition Risks
  • Regulatory changes
  • Market shifts
  • Access to scrap metals
Opportunities
  • Development of energy-efficient products
  • Growth in hydrogen and renewable energy segments

Reporting Standards

Frameworks Used: GRI Standards

Certifications: ISO 45001, ISO 14001

Third-party Assurance: PricewaterhouseCoopers AB

Sustainable Products & Innovation

  • Products enabling the transition to renewable energy sources, electrification of industries, and innovations in the medical sector.
  • Freeflex™ compressor valve steel

Awards & Recognition

  • Silver medal from EcoVadis