Materiality analysis
The materiality analysis is an important contribution to SSAB’s sustainability strategy and is based on input from various stakeholders, such as customers, suppliers, investors and NGOs.
Process
SSAB conducted the last materiality analysis in 2019. Key areas were identified and prioritized during a process in which external and internal stakeholders were involved, through interviews and an online survey. The GRI principles – stakeholder involvement, sustainability, materiality and completeness – were considered throughout the process. The results from the dialogs were then evaluated in workshops with internal experts, and were then confirmed by SSAB’s Group Executive Committee. Based on this, SSAB’s key sustainability areas were defined for inclusion in the sustainability strategy.
Material aspects
- Lower energy consumption/higher productivity for customers
- First with fossil-free steel
- Reduced greenhouse gas emissions (CO2e)
- Circularity (residuals/by-products)
- Health and Safety
- Process safety
- Business ethics
- Responsible purchasing
- Inclusion and diversity