Managing business in a sustainable way will increase the possibilities to deliver strong financial and operational results. By 2045, SSAB aims to be totally fossil-free.
Sustainability is a key business driver for us and our customers. This is why we put much effort into ensuring that we act ethically and environmentally wisely in all our operations and markets. SSAB's sustainability strategy is divided into three focus areas:
SSAB focuses on continuous improvement to minimize emissions and to improve productivity, as well as material and energy efficiency. SSAB is committed to minimizing any adverse environmental impacts from our operations. Long term, SSAB will work toward a fossil-free steelmaking process through the HYBRIT initiative and by eliminating other fossil related emissions, with a goal to be fossil-free throughout our entire operations by 2045.
This is our value proposition, that we offer our customers and other stakeholders. The core of SSAB’s business is to develop and produce Advanced High-Strength Steels and Quenched&Tempered steels that are stronger than ordinary steels. This in turn helps our customers produce lighter and stronger products, thereby reducing their environmental footprint.
By using SSAB’s high strength steels, which result in lower weight and improved fuel economy, customers can achieve significant CO2 savings during their end products’ use-phase. The objective is that, by the end of 2020, these annual customer CO2 savings will reach 10 million tonnes, which equals SSAB´s own direct CO2 emissions.
For SSAB, having a large impact on society means taking on a large responsibility. SSAB adheres to the highest standards as a responsible partner by taking responsibility for business ethics and responsible sourcing, as well as continuously strive to improve safety, diversity and employer attractiveness.