Sustainability governance

Sustainability governance at SSAB is based on the company’s vision, values and Code of Conduct complemented by our governing documents. Sustainability is an integral part of SSAB’s strategy. The Board of Directors has the highest decision-making authority in these matters.

Organization of sustainability work

SSAB’s Board of Directors approves the Code of Conduct and monitors SSAB’s sustainability performance. SSAB’s Group Executive Committee (GEC) is responsible for outlining the company’s strategic approach to sustainability, including adopting the material topics, and monitors how sustainability is implemented in the divisions, subsidiaries and support functions. Sustainability issues are frequently on SSAB’s Group Executive Committee’s agenda to ensure the close involvement of top management.

The Head of Sustainability is a member of the Group Executive Committee and is responsible for strategy development and coordination of sustainability at Group level as well as health and safety and ethics and compliance for the Group. The Head of Sustainability leads a Sustainability Management Team, which is a network of people with expertise in different sustainability areas, including representation from the divisions and subsidiaries, with the responsibility to coordinate and drive SSAB’s sustainability initiatives.

To support work related to environmental issues, SSAB has environmental councils, which include representatives from divisions, main production sites and from SSAB’s subsidiaries, Ruukki Construction, Tibnor and Merox. In issues related to responsible sourcing, there is a Procurement Council, whose mission is to enhance global procurement processes and projects, and to collaborate on sustainability and continue our strong focus on responsible sourcing. In 2019, a health and safety council was established with representatives from the business, with the responsibility to coordinate, cooperate and propose policy and strategy initiatives and changes to the GEC.

SSAB links sustainability issues to compensation. For example, internal safety and environmental targets are part of incentive plans for selected employee groups and top management. Individual performance targets might also include targets for emissions reductions or other sustainability related topics for selected employee groups.

Governing documents and principles for sustainability

SSAB’s values define who we are and how we should act. The Code of Conduct and the governing documents at Group level regarding sustainability, e.g. environment and safety, are our most important documents. There are also local governing documents to further elaborate on internal rules. All these documents are regularly reviewed and updated. Our sustainability governing documents are available on ssab.com.

Management systems and risk management

Management systems and action plans ensure that SSAB systematically works on critical aspects of sustainability. Several different management systems and tools, both developed in-house and third-party certified, are used to effectively control operations in accordance with SSAB’s Code of Conduct and governing documents. Safety management systems for systematic health and safety work, according to OHSAS 18001, have been implemented at all production sites. Environmental and climate work takes place primarily within the scope of the ISO 14001 environmental management standard and via local energy management systems.

Code of conduct

The Code is SSAB’s ethical compass and outlines guidelines for SSAB’s behavior with stakeholders and in the market. It helps us translate our values into action and forms the basis for our ethical, environmental and social responsibility commitments. The Code of Conduct covers areas such as health and safety, environment, employee relations, human rights and business practices.

Training

The Code of Conduct applies to all employees globally and is communicated via e-learning. 91% (89%) of all employees had been trained by the end of 2019.

Ethics Line

SSAB’s global reporting tool, Ethics Line, provides employees with an avenue to raise their concerns. All employees are urged to report suspected breaches of the Code of Conduct. Employees can file a report anonymously online or by calling a global hotline 24 hours a day, seven days a week. The Ethics Line has been implemented in 14 countries. Awareness of the Ethics Line has been promoted through employee communications and web-based training. By the end of 2019, 95% (95%) of our employees had access to the Ethics Line. During 2019, 14 (9) incidents where reported through the Ethics Line. The reports related to concerns including corruption, discrimination, harassment and inappropriate behavior in the workplace. Following investigation, three of these reports were substantiated and actions were taken in two cases.

Global compact

SSAB is a signatory to the UN Global Compact and we continually enhance our efforts to protect and respect its 10 principles, and promote its spirit within the areas of human rights, labor standards, the environment and anti-corruption. SSAB also supports the International Bill of Human Rights, ILO Core Conventions, the OECD Guidelines for Multinational Enterprises and the UN Guiding Principles on Business and Human Rights.