Specific targets

Climate action

Within the Climate Action theme we work on identifying and reducing our carbon footprint throughout the entire value chain.

To achieve this, we:

Are switching over to renewable energy sources;
Safeguard the reuse of materials within our businessoperations; for example scrap metal, slings and pallets;
Reduce waste, water and paper consumption;
Reduce our CO₂ emissions;
Comply with laws and regulations concerning regulated substances and raw materials.

The area we can have a direct and the fastest impact on is the emissions of our own activities, referred to as the Scope 1 and Scope 2 emissions. Achieving carbon neutrality also has the highest priority here. We aim to achieve this by making full use of renewable energy, electrifying activities and optimizing processes.

In 2022, we started to calculate our carbon footprint and developed a plan for achieving carbon neutrality for our Scope 1 and Scope 2 activities. The calculations show that our improvement actions are indeed producing results. Through means of constant improvements, we expect that within a few years we will achieve net-zero emissions.

People

Within the People theme we work on a sustainable and motivating workplace for
our employees.

To achieve this, we:

Ensure a safe working environment;
Create excellent workspaces where people can develop themselves, can learn new skills, are given opportunities and where they can continue to grow;
Offer people equal opportunities, regardless of gender, race or background; we aim to be an inclusive employer for everyone.

The People theme is closely linked to our HR policy and our People Strategy. We are very much aware that we can only maintain our strong position in the market when we offer our employees opportunities to be the best they can be. In 2022, we therefore once again made considerable investments in the development of our employees, at all levels, and we will continue to do this over the coming years.

Growth

Within the Growth theme we work on a financially healthy and sustainable business.

To achieve this, we:

Support society by contributing to charitable organizations;
Ensure every employee has a position with suitable content;
Ensure an ethical way of working.

Partners & Suppliers

Within the Partners & Suppliers theme we work on creating optimal cooperation with our partners in the area of sustainability.

To achieve this, we:

Engage our partners in dialogue in order to reduce our Scope 3 emissions;
Work toward close cooperation within the supply chain and, together with suppliers, investigate possibilities of producing and distributing pipes and tubes with a reduced carbon footprint;
Together with our customers, investigate where we can use these pipes with a reduced carbon footprint;
Ensure responsible procurement and supply chain management;
Cooperate and only engage suppliers who adhere minimum standards of human rights and modern slavery legislation.

Close cooperation within the chain

The biggest challenge ahead of us is how to make our steel pipes and tubes sustainable. This concerns the so-called Scope 3 emissions. Since we do not produce the pipes and pipe materials ourselves, we are engaging our suppliers and partners in dialogue for this purpose. We can only create a sustainable future when, from cradle to gate, we work together on this and jointly take action. For example, for some time, together with suppliers, we have been investigating the possibilities of producing pipes with a reduced carbon footprint, for example by reusing materials, such as scrap steel. Together with our customers, we also review where we can use these pipes with a reduced carbon footprint. In addition, we are focusing on the development of innovative, carbon-free or low-carbon products. We also closely monitor the latest innovative methods in the steel industry.