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Sustainable Steel Indicators from worldsteel

Steel News - Published on Wed, 04 Dec 2019

Image Source: Sustainable Steel
As COP25 beguns, the World Steel Association publishesd Sustainable steel - Indicators 2019 and the steel supply chain. The publication features the steel industry’s various sustainability initiatives including a newly launched supply chain project, sustainability performance indicators and the efforts of worldsteel’s member companies. worldsteel uses 8 indicators to measure key aspects of the industry’s economic, environmental and social sustainability. In safety, the lost time injury frequency rate continued to improve, reaching a record low of 0.84, while other indicators demonstrated a steady performance. A total of 85 steel companies representing 970 million tonnes (56%) of global crude steel production contributed data.

Sustainability Indicator Table
SlINDICATORUNIT201620172018
ENVIRONMENTAL PERFORMANCE
1.Greenhouse gas emissionstonnes CO, / tonne crude steel cast1.881.831 -82 (P)
2.Energy intensityGJ / tonne crude steel cast20.319.919.8(p)
3.Material efficiency% of materials converted to products and co-products97.596.396.3
4.Environmental management systems% of employees and contractors working in registered production facilities97.196.895.8
SOCIAL PERFORMANCE
5.Lost time injury frequency rateinjuries / million hours worked1.010.970.84
6.Employee trainingtraining days / employee7.06.16.4
ECONOMIC PERFORMANCE
7.Investment in new processes and products% of revenue13.05.96.0
8.Economic value distributed% of revenue98.897.093.9
 

(p): preliminary; data collection in progress

The publication highlights the efforts made by those companies who were shortlisted in this year’s Excellence in Sustainability Steelie Award, BlueScope Steel Limited, JSW Steel Limited and Tata Steel Limited, as well as this year’s winner, ArcelorMittal.

It also lists the 6 members who worldsteel recognised as Steel Sustainability Champions for their work in 2018, ArcelorMittal, JSW Steel Limited, Tata Steel Europe, Tata Steel Limited, Tenaris and Ternium.

Source :

Posted By : Arun Huidrom on Wed, 04 Dec 2019
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