The Sustainable Development Goals (SDGs), adopted by the United Nations in 2015, provide a common road map on sustainable development for 2030. We regard it as important to contribute to achieving these goals. We promote their achievement in our operations and value chain. We have chosen seven goals closely linked to our business and where we believe we can make the biggest contributions.
Aim for women to hold 30% of the top management positions in the company by the end of 2019. We had 27% women in top management positions in 2019. Our new gender equality target is to aim for women to hold 35% of top management positions by the end of 2025.
Systematic energy efficiency management and energy recovery at all sites, as well as production of electricity from process gases at certain steel mills, ensure efficient use of energy and lower emissions.
Our US operations, which utilize scrap-based electric arc furnace (EAF) technology, will be powered by renewable energy by 2022 in SSAB America’s Iowa operations. Our aim is we will also be able to offer fossil-free steel products from Iowa starting in 2026, utilizing sponge iron developed through the HYBRIT initiative in Sweden.
Our steels are used in renewable energy plants like hydro, wind, solar and wave power farms, as well as in biofuel plants.
In close customer collaboration, SSAB develops new products, applications, services and processes in order to constantly enhance our sustainable offerings.
We focus on research and development in environmentally solid technologies and production processes. We promote collaboration with research institutes and other industrial companies to support sustainable industrial development. SSAB’s most important collaboration initiative is the ownership in Hybrit Development AB, a joint venture owned by SSAB, the mining company LKAB and the energy company Vattenfall, with the aim of developing the world's first fossil-free ore-based steel manufacturing.
The environmental advantages of using high-strength steels are significant in active construction applications such as trailers, trucks, material handling and lifting equipment, and construction machinery. Used in these applications, Strenx performance steel reduces the weight of vehicle structures by enabling minimum steel thickness through new structural design. Lower vehicle weight leads to increased payload capacity, and lower fuel consumption and CO2 emissions. For example, the weight of trailer chassis made with SSAB’s high-strength steels can be reduced by up to 30% compared to using ordinary steel grades.
SSAB focuses on material efficiency through the use of recycled steel scrap and by-products to replace natural resources. Material that cannot be recirculated internally can be processed into by-products and sold externally, thus reducing CO2 emissions in other industries. About 90% of all residuals produced in SSAB’s iron ore-based production are utilized. In 2019 1.3 million tonnes of by-products were sold externally. SSAB uses approximately 20% of scrap metal in conjunction with steel production in the Nordics, and nearly 100% in the US.
Using Hardox wear steel in tipper bodies for mining, construction and many other industries subject to wear, provides greater wear resistance thereby improving machinery performance and extends service life. Additionally, lighter weight equipment offers cost benefits to end-users in fuel savings or the possibility of transporting a higher payload, and reduces environmental impact over the machinery’s lifecycle.
Emissions from blast furnace-based steel production can be reduced by improving material and energy efficiency in the production processes. In the long-term, SSAB will stepwise move towards a fossil-free steelmaking process and eliminate other fossil fuel related emissions, making fossil-free operations possible by 2045.
The SSAB EcoUpgraded concept highlights the environmental benefits of upgrading to high-strength steel.
For customers who not only want better productivity, but also want to reduce their environmental impact, SSAB has launched an app for its SSAB EcoUpgraded customers. The SSAB EcoUpgraded app shows customers how they can contribute to lowering CO2 emissions and fuel consumption over the lifecycle of a product that is upgraded to high-strength steel.
SSAB’s subsidiary, Ruukki Construction, offers its customers and partners steel-based building products and services for roofs and walls to realize sustainable buildings. Examples of these include energy-efficient Ruukki sandwich panels, which enable excellent air tightness for entire buildings, resulting in energy savings in both heating and cooling.
The fight against corruption is always ongoing. SSAB’s Code of Conduct applies to all employees globally and is communicated through e-learning.
SSAB’s global reporting tool, the Ethics Line, has been implemented in 14 countries and 95% of our employees have access to the tool.
SSAB does not tolerate child labor or forced labor and assesses our suppliers´ sustainability compliance through a systematic process.
SSAB reviews business partners within risk areas for corruption before entering into or renewing agreements.
Contracts with suppliers refer to the Supplier Sustainability Policy, which states that all forms of corruption and bribery are unacceptable.
Collaboration across industries, nations and governments is a key driver for sustainable development. We aim to expand our partnerships to facilitate collaboration on technology, innovation and knowledge sharing. SSAB’s most important collaboration initiative is the HYBRIT initiative.
Working together with customers to improve energy efficiency and minimize raw material use is an important way for SSAB to create sustainable solutions and end-products