SSAB AB 2024 AR2
The report highlights SSAB's progress in its green transition, including the Board's landmark decision to invest EUR 4.5 billion in a state-of-the-art mini-mill in Luleå, Sweden, to replace its blast furnace-based system. The company also continued the conversion of its Oxelösund mill, aiming to start electric arc furnace operations by late 2026. In 2024, SSAB updated its greenhouse gas reduction targets to align with the 1.5°C scenario, which were validated by the Science Based Targets initiative. Additionally, the company improved its safety performance, reducing its lost time injury frequency to 0.75, and delivered over 50,000 tonnes of its recycled-steel-based SSAB Zero product.
Company: SSAB AB
Sector: Materials
Country: Sweden
Year: 2024
Type: AR2
Pages: 197
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SSAB AB
Annual Report
The report highlights SSAB's progress in its green transition, including the Board's landmark decision to invest EUR 4.5 billion in a state-of-the-art mini-mill in Luleå, Sweden, to replace its blast furnace-based system. The company also continued the conversion of its Oxelösund mill, aiming to start electric arc furnace operations by late 2026. In 2024, SSAB updated its greenhouse gas reduction targets to align with the 1.5°C scenario, which were validated by the Science Based Targets initiative. Additionally, the company improved its safety performance, reducing its lost time injury frequency to 0.75, and delivered over 50,000 tonnes of its recycled-steel-based SSAB Zero product.
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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
Water Consumption
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees