SSAB AB 2018 AR2
The report highlights SSAB's progress toward its goal of eliminating all carbon dioxide emissions by 2045, notably through the HYBRIT initiative, which began constructing a pilot plant for fossil-free steel production in 2018. The company also decided to convert its blast furnace in Oxelösund to an electric arc furnace by 2025, aiming to reduce its CO2 emissions in Sweden by 25%. Financially, SSAB achieved improved results with sales of SEK 74,941 million and an operating profit of SEK 5,181 million. However, the company faced challenges in safety, with its lost time injury frequency (LTIF) increasing to 6.1.
Company: SSAB AB
Sector: Materials
Country: Sweden
Year: 2018
Type: AR2
Pages: 227
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SSAB AB
Annual Report
The report highlights SSAB's progress toward its goal of eliminating all carbon dioxide emissions by 2045, notably through the HYBRIT initiative, which began constructing a pilot plant for fossil-free steel production in 2018. The company also decided to convert its blast furnace in Oxelösund to an electric arc furnace by 2025, aiming to reduce its CO2 emissions in Sweden by 25%. Financially, SSAB achieved improved results with sales of SEK 74,941 million and an operating profit of SEK 5,181 million. However, the company faced challenges in safety, with its lost time injury frequency (LTIF) increasing to 6.1.
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Document Details
Report Year
2018
Reporting Period
Jan 1, 2018 - Dec 31, 2018
Fiscal Year
2018
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
Water Consumption
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees