SSAB AB 2020 AR2
The report highlights SSAB's navigation of a challenging year marked by the Covid-19 pandemic, during which the company successfully adjusted production and reduced fixed costs by over SEK 1.6 billion. A major milestone was achieved with the start-up of the HYBRIT pilot plant in Luleå, Sweden, representing a decisive step toward producing the world's first fossil-free steel by 2026. Additionally, the company's greenhouse gas emissions reduction target of 35% by 2032 was officially approved by the Science Based Targets initiative. SSAB also improved its safety performance, reducing its lost-time injury frequency to 3.7.
Company: SSAB AB
Sector: Materials
Country: Sweden
Year: 2020
Type: AR2
Pages: 249
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SSAB AB
Annual Report
The report highlights SSAB's navigation of a challenging year marked by the Covid-19 pandemic, during which the company successfully adjusted production and reduced fixed costs by over SEK 1.6 billion. A major milestone was achieved with the start-up of the HYBRIT pilot plant in Luleå, Sweden, representing a decisive step toward producing the world's first fossil-free steel by 2026. Additionally, the company's greenhouse gas emissions reduction target of 35% by 2032 was officially approved by the Science Based Targets initiative. SSAB also improved its safety performance, reducing its lost-time injury frequency to 3.7.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
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:
Energy Consumption
Water Consumption
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees