World Steel Association Shares Details on Sustainable Steel Indicators and Initiatives
In 2018, a total of 97 steel organizations worldwide participated in the 2018 data collection, representing 960.8 Mt or 56.9% of global crude steel production in 2017.
The World Steel Association (worldsteel) recently released its 2018 edition of “Sustainable Steel–Indicators 2018” and details relating to industry initiatives. Steel companies from around the world have been voluntarily reporting on up to eight sustainability indicators every year since 2004. These indicators provide a systematic way of measuring key aspects of the industry’s economic, environmental and social performance on a yearly basis. In 2018, a total of 97 steel organizations worldwide participated in the 2018 data collection, representing 960.8 Mt or 56.9% of global crude steel production in 2017.
“The global steel industry shares society’s challenges and concerns—from climate change and urbanization to ensuring long-term economic growth and responsible management and sourcing of resources, we as an industry and as individual steel companies are being proactive in addressing these challenges on many different fronts,” said Edwin Basson, worldsteel’s director general. “We do not yet have all the answers, but we are committed to engaging and collaborating with our stakeholders to find the right solutions to help meet society’s needs in a sustainable way.”
Results for the eight steel industry indicators for the 2017 fiscal year include:
- Greenhouse gas (GHG) emissions—an average of 1.83 Mt of CO2 were emitted for every metric ton of crude steel cast
- Energy intensity—20.0 GJ of energy was used per metric ton of crude steel cast
- Material efficiency—96.3% of materials used to make crude steel were converted to products and co-products
- Environmental Management System (EMS)—96.8% of employees and contractors worked in EMS-registered production facilities
- Lost time injury frequency rate (LTIFR)—0.97 injuries per million hours worked
- Employees (at both production and non-production facilities)—received an average of 6.1 training days per year
- Economic sustainability in new processes and products (capital expenditure and R&D)—5.9% of revenue
- Economic value distributed (EVD)—97% of industry revenue
The Sustainable Development Charter affirms the commitment of worldsteel member companies to adopt sustainability as a core business practice, vital to a company’s license to operate. Signing it is the first step in participating in the Sustainability Champions Programme, which worldsteel runs primarily to encourage its members to strive for excellence and secondly to recognize those members that have made outstanding contributions and an outstanding effort.
Additional details are available at www.worldsteel.org.