Sustainability

The steel sector is responsible for around 5% of greenhouse gas emissions in the European Union, 7% in the world, and is one of the target sectors of the Paris Agreement. The steel sector is essential to achieve the goal of limiting the increase in the planet’s temperature to 2ºC and not exceeding 1.5ºC. Aware of the challenge that climate change poses for the planet, at Celsa we have approved the Climate Action Policy in 2023, which sets as its main objectives the improvement of energy efficiency, the promotion of renewable energies and the reduction of the use of fossil fuels. .

The current global economy is only 7.2% circular and, year after year, the results are more negative due to the increase in the extraction and use of natural resources. At Celsa we are firmly committed to the recovery of waste generated during the steel process to promote the circular economy. We invest to increase recovery percentages and open new lines of business linked to the recycling and treatment of plastics, other non-ferrous metals and wood, using pioneering techniques. In 2023, we approved the Innovation Policy, which includes the incorporation of sustainability criteria. Innovation is crucial and has allowed us to position ourselves as leaders in the circular industry.

The company’s team of professionals not only drives the improvement of our activity, but is essential for the present and future of the company. Our main priorities are safety, health and well-being, attraction and development of talent, commitment and alignment with the organization’s values, and ethics and professional development. Our commitment to health and safety is transversal, extending to all people related to the organization, including contractors, clients, suppliers, and the community. In 2023, we update, approve and publish the Occupational Health and Safety Policy.

We are committed to equal opportunities, diversity and well-being in work and family life. We operate in a sector where women have traditionally been underrepresented. Aware of this challenge, we apply equality policies and action plans to reverse this reality. Diversity is essential in our business culture, prohibiting any type of discrimination according to our Code of Ethics and Professional Conduct. We believe in people’s capabilities and values. In 2023, we approved the Diversity, Equity and Inclusion Policy.

Locally, we have established strong ties with client and supplier companies over the years. We fully respect the local cultures of the countries and territories where we operate. We are committed to responsible supply chains and encourage communication with all stakeholders to achieve sustainable and socially beneficial activity. In 2023, we approved the new Dialogue and Communication Policy with Stakeholders, reinforcing our commitment to sustainability and cultural respect.

At Celsa, we have approved the new Supply Chain Policy in 2023. Our approval procedure for supplier companies positively values those with the best performance in environmental, social and governance aspects, which also have an environmental management system according to the ISO 14001 standard and an occupational health and safety management system according to the ISO 45001 standard. This policy establishes that the contractual conditions must clearly reflect the commitment of the supplier companies to the Code of Ethics and the Principles of the Global Compact, in human, labor, environmental and anti-corruption rights, emphasizing the minimization of environmental impact.

At Celsa we assume a firm commitment to ethics and transparency in our operations. Likewise, we are governed by principles of integrity and transparent disclosure of information, going beyond compliance with applicable laws and regulations.

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