Salzgitter AG 2024 AR2

The report outlines Salzgitter AG's financial and sustainability performance for the fiscal year 2024, highlighting the progress of its SALCOS® transformation program aimed at achieving low-carbon steel production. Despite a challenging economic environment in Germany leading to a pre-tax loss of €296 million, the company successfully completed the sale of the Mannesmann Stainless Tubes Group as part of its active portfolio management. In terms of sustainability, Salzgitter AG's climate targets were validated by the Science Based Targets initiative (SBTi), aligning with the 1.5 °C goal of the Paris Agreement. Additionally, the company expanded its circular economy initiatives, including the construction of a new scrap shredding facility to secure high-quality secondary materials.

Company: Salzgitter AG

Sector: Materials

Country: Germany

Year: 2024

Type: AR2

Pages: 298

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Salzgitter AG

Salzgitter AG 2024 Annual Report

Annual Report

The report outlines Salzgitter AG's financial and sustainability performance for the fiscal year 2024, highlighting the progress of its SALCOS® transformation program aimed at achieving low-carbon steel production. Despite a challenging economic environment in Germany leading to a pre-tax loss of €296 million, the company successfully completed the sale of the Mannesmann Stainless Tubes Group as part of its active portfolio management. In terms of sustainability, Salzgitter AG's climate targets were validated by the Science Based Targets initiative (SBTi), aligning with the 1.5 °C goal of the Paris Agreement. Additionally, the company expanded its circular economy initiatives, including the construction of a new scrap shredding facility to secure high-quality secondary materials.

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Document Details

Report Year

2024

Reporting Period

Jan 1, 2024 - Dec 31, 2024

Fiscal Year

2024

Type

Annual Report with Sustainability Disclosures

Language

English

Pages

 

File Size

 

Standards & Assurance

Reporting Standards

Materiality Assessment

Assurance

Assurance Provider

Assurance Standard

ESG Data?Experimental — AI-extracted data, may contain inaccuracies

Emissions

Scope 1:

Scope 2:

Scope 3:

Energy Consumption

Renewable Energy

Water Consumption

Total Waste

Women on Board

Workplace Fatalities

Net Zero Target

Employees