SSAB’s key stakeholders are those who are impacted by SSAB’s operations and activities, and who similarly impact SSAB.
The following groups are considered as being the most important stakeholder groups:
Other stakeholders SSAB interacts actively with include the media, analysts, regulators, various research bodies and partner organizations, research institutes, universities and vocational schools.
SSAB aims for regular, honest and transparent interaction with its stakeholders. We actively maintain and develop stakeholder relations and draw on information obtained from them when developing our operations, products and services. Transparent and continuous dialog increases the trust in SSAB’s ability to manage risks and utilize opportunities, which at the same time enhances the development of the company.
The following table lists SSAB’s key memberships by country or area.
|Area or country||Organizations|
|Globally||The Leadership Group for Industry Transition (LeadIT), Energy Transitions Commission (ETC)|
|Europe||Eurofer, Euroslag, Eurometal, Corporate Leadership Group (CLG) |
(indirectly, through the membership of Hybrit Development AB)
|North America||American Iron and Steel institute (AISI), National Association of Manufacturers (NAM), |
Steel Manufacturers Association (SMA)
Jernkontoret, Svenskt Näringsliv (Confederation of Swedish Enterprise),
|Finland||Metallinjalostajat ry, Suomen ElFi, Teräsrakenneyhdistys TRY, Rakennustuoteteollisuus RTT, |
Teknologiateollisuus ry, Hiilitieto ry
SSAB’s engagement with policy- and decision-makers, nationally, across the EU and globally, seeks to inform the opportunities, challenges and needs associated with industrial decarbonization. Areas of specific interest to SSAB are climate policy, energy policy, and industrial policy. For our out-reach activities in the European Union, SSAB is registered in the EU Transparency Register.
SSAB's guideline on corporate climate engagement and dialogue with society and decision-makers is anchored in our Code of Conduct and based on SSAB’s overall sustainability approach. SSAB’s corporate climate engagement is based on our commitment to be a fossil-free company by 2045 and our ambition to be the first, in 2026, to offer fossil-free steel to the market.SSAB’s targets for greenhouse gas emissions have been approved by the Science Based Targets initiative. This also guides our corporate climate engagement – we support and advocate for the goals in the Paris agreement.
Given the challenge to achieve a sustainable and business-driven transition to fossil-free operations, we will need to work and collaborate with other stakeholders, such as governments, industry associations and partners.
The corporate climate engagement and outreach strategy is decided by the Group Executive Committee and executed by experts across the organization. SSAB pursues this engagement either directly, or indirectly, through industry associations or other member organizations. We will assess annually how industry associations, other organizations and/or platforms in which SSAB is a member, align with the Paris Agreement goals and our own objectives, according to information in the public domain and our own knowledge.