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Environment

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Our Path towards Sustainability

At Sidenor, we are convinced that the environment is a critical vector for the development of our activity, both in terms of responsibility towards our surroundings and as an element which is redefining market rules. Looking ahead, we see that ensuring a good environmental performance of our activity is not enough. It is necessary to supplement it under the perspective of a life cycle analysis, by focussing our efforts in the development of increasingly sustainable products.

 

As a demonstration of this commitment, Sidenor took a step forward in March 2021, adopting an environmental position with concrete objectives and work plans, linked to two axes: the fight against climate change and the commitment to circular economy.

Strategic Environmental Objectives

Our climate change and circular economy objectives are the following:

We take a further step in our commitment to sustainable development and the environment:

We progress towards decarbonization: we have reached a 48% reduction in our emissions since 2005. Our objective: to be a carbon-neutral company by 2050.

We commit to circular economy: in the last decade, we have increased our waste recovery rate by 12%. Our objective is to reach 95% by 2030.

Climate Change Objectives

The reduction of our carbon footprint is one of the main challenges that we are facing from a social and company point of view. Over the next years, the environmental behaviour of our products will be a key competitiveness factor to meet the requirements of our customers and financial markets.

We commit to a 55% reduction in greenhouse gas emissions by 2025.

Our objective for 2030 is to reduce our greenhouse emissions by 60%, as an intermediate step towards climate neutrality.

We commit to reaching climate neutrality by 2050.

Circular Economy Goals

Steel can be recycled indefinitely, and returns to the process as our main raw material, scrap. At Sidenor, we will approach circular economy from various work areas (product ecodesign, efficient resource use, etc.). We have selected the annual percentage of recovered waste as a key indicator of our circular economy strategy.

Sidenor adheres to the commitment of answering one of the main concerns of our closest surroundings: landfill waste reduction. We will work on strategies aiming at reducing waste generation, increasing its reuse, ensuring the quality of our by-products and, ultimately, identifying recovery opportunities for the waste intended for landfill.

2025

We commit to reaching 90% waste recovery by 2025

2030

Our objective for 2030 is to reach a 95% recovery of the waste generated

At Sidenor, we work on ecodesign, from the product definition phase, evaluating the product environmental footprint in each phase of its life cycle, in order to try to reduce it to a minimum, without undermining its quality and applications.

In the following, we further develop our areas of endeavour:

Climate Change

Sustainable Steel

Circular Economy

Environmental Management System