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