Sustainability

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Celsa’s production model is based on recycling scrap for the production of low-emission steel. This allows us to position ourselves as a key agent of the ecological and fair transition. And, in all these years of history, at Celsa we have integrated sustainability from the beginning in our value chain, , becoming a company that today represents an example of the circular economy at a national and international level. In addition, we are able to valorize the by-products generated in the production process of our steel thanks to the network of supplier companies, clients and other agents that collaborate in their recovery. From this follows our purpose: giving infinite lives to finite natural resources.

People Planet and Prosperity

At Celsa we firmly believe in the need to continue promoting growth based on the balance between the environmental, social and economic prosperity. We are going to continue down this path to leave a better world for current and future generations.

97%

of the final product is made from recycled steel

94%

of the waste from steel production are valorised

36%

of our CO2 emissions are below the sector average

18%

reused water

36%

upstream vertical integration

23%

downstream vertical integration

83%

local purchasing

4%

R&D investment relative to EBIDTA

94%

professionals with permanent contracts

77%

of professionals covered by collective agreement

12%

women in staff

85%

of professionals have received training

Purpose, Vision, Mission and Values

Purpose

Giving infinite lives to finite resources.

Vision

To be a leader in the generation of circular production chains to contribute to the transition towards a positive impact economy.

Mission

To be a leading company in the production of low carbon recycled steel in Europe.

Values

Honesty: We show coherence between what we say and what we do.

Groundbreaking approach: We challenge the status quo and believe that the impossible is an opportunity to lead change.

Creative perseverance: We never give up, there is always a next move.

Humility: We are committed to learning, also from our mistakes, and to continually improve.

Teamwork: We believe in respect, trust, constructive conflict, dedication and responsibility to achieve team goals.

Passion: We are passionate about what we do and how we do it.

Sustainable development commitments

At Celsa, we build our sustainable development strategy on seven fundamental commitments.

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.

GOALS BY 2030 2050

In the current context, with growing social, environmental and good governance concerns, it is more necessary than ever to develop a sustainability strategy that contributes to taking advantage of business opportunities and responding to the growing demand of client companies to acquire our products and services. sustainable and to, obviously, respond to the expectations of our interest groups. We are currently in the process of developing and defining our company’s sustainability strategy, with the aim of integrating responsible and sustainable practices into all our operations. At Celsa we are concerned about the responsible management of natural resources, risk mitigation, business resilience against adverse impacts and adaptation to regulatory changes. We are committed to the 10 principles of the United Nations Global Compact, to which we have adhered since 2021. Likewise, we prioritize six of the seventeen Sustainable Development Goals (SDGs):

In 2030

Climate:
50%: Reduce CO2 emissions from Scope 1 and 2 (market-based) by 50% compared to 2021.
25%: Reduce CO2 emissions from Scope 3 of our value chain by 25% compared to 2021.

Circularity:
98%: To be 98% circular.

In 2050

Climate:
0%: Be neutral in CO2 emissions of scopes 1, 2 (market-based) and 3.

Circularity:
100%: Do not send any waste to landfill.

In 2030

Occupational health and safety:
Under review

Equality and diversity:
30% women

Transparency

Policies

  • General policies.
  • Environmental policies.
  • Social policies.
  • Corporate governance policies.