Sustainability targets 2020

Sustainability targets 2020

SSAB's sustainability strategy includes goals and targets for both the short and long-term. The targets on this page are mainly until the end of 2020 and are part of the sustainability strategy, which was defined in 2015. It had three areas: Sustainable Offering, Sustainable Operations and Responsible Partner. During 2020, we renewed our sustainability strategy and set new targets, which are presented on the page “Sustainability targets beyond 2020”.

Sustainable offering

Objectives & Targets

  • 10 Mtonne annual customer CO2 savings 20201):
    • 8 Mtonnes of annual CO2 savings from SSAB EcoUpgraded deliveries by 2020
    • 2 Mtonnes of annual CO2 savings from Automotive Premium deliveries by 2020

Outcome in 2020

  • In 2020, the customer end-product CO2 savings totaled 8.9 Mtonnes:
    • 7.4 Mtonnes from SSAB EcoUpgraded deliveries
    • 1.5 Mtonne from Automotive Premium deliveries

Sustainable operations

Objectives & Targets

  • Fossil-free operations by 2045
  • In 2020:
    • Lasting reduction of 300,000 tonnes in CO2 emissions
    • Lasting reduction of 400 GWh in purchased energy
    • Lasting improvement of 50,000 tonnes in residuals utilization
    (Base year 2014)

Outcome in 2020

  • The HYBRIT pilot plant started operation on August 31, 2020 at the SSAB site in Luleå, Sweden.
  • By the end of 2020, SSAB achieved:
    • 310,000 tonnes or 103% of the CO2 emissions reduction target of 300,000 tonnes,
    • 483 GWh or 121% of the purchased energy reduction target of 400 GWh and
    • 62,000 tonnes or 124% of the residuals utilization target of 50,000 tonnes.

Responsible partner

Objectives & Targets

  • Safest steel company in the world
    Zero accidents

Outcome in 2020

  • SSAB’s lost time injury frequency resulting in an absence of at least one day (LTIF) was 3.7 (4.2), which meant a clear improvement, as LTIF decreased 12% from 2019. The positive trend in safety performance is a result of systematic and consistent work across the organization.
  • Employee engagement score exceeding the global average
  • The Voice employee engagement survey conducted in 2019 gave results in line global benchmark levels both for all employees and for managers.
  • By the end of 2019: Women holding 30% of the top management positions
  • New target: By the end of 2025 women holding 35% of the top management positions
  • At the end of 2019, women held 27% (27%) of SSAB’s top management positions.

    Ensure supplier compliance with SSAB’s Supplier Sustainability Policy:

    • Share of total spend sustainability assessed at 93% in 2019 and 95% in 2020
    • Share of new suppliers sustainability assessed at 100% in 2019 and 20202)
    • Site visits including social and environmental performance of suppliers: 20 in 2019 and 24 in 2020
    • Number of third party sustainability audits: 5 in 2019 and 3 in 2020

    In 2020:

    • 96% of total spend sustainability assessed
    • 93% of new suppliers sustainability assessed
    • 16 site visits to suppliers 3)
    • 3 third party sustainability audits 3)

    1) The 2020 target has been pushed back to 2021 due to the Covid-19 impacts. Customer CO2 savings are calculated by looking at SSAB shipments of high-strength steels to different customer segments and applications. The amount of steel that SSAB supplies above standard practice in the respective industry is calculated for each application (e.g. a truck). This allows determination of the weight saving achieved in the end product by using these higher-strength steels. The resulting fuel savings are estimated by using typical values for fuel consumption, driving distance, useful life, etc. Finally, the CO2 emissions saved are then calculated based on these fuel savings.

    2) New suppliers with spend above 1 MSEK included

    3) Of which 13 were performed remotely
    180