Our long-term sustainability targets reflect our commitment to be at the forefront of sustainability and to advance industries through sustainable offerings and operations. Our targets are built around four focus areas.
| Long-term targets | Milestones 2023 | Outcome 2023 | Milestones 2024 | Status of long-term target |
| Reduce Scope 1 and 2 CO₂ emissions by more than 50% by 2030, compared with 2019. | 4.5% decline year-on-year. |
10% decline year-on-year. | 4.5% decline compared with 2023. |
35% reduction since 2019 achieved. |
| SBTi: net-zero by 2050. | Scope 3 inventory completed. Target proposal set. |
Inventory completed. Target proposal commenced. |
Target validated by the SBTi. |
Inventory of current status and science-based targets proposed. |
| 83% circularity in steel produced. | 81.5% | 80% | 81.7% | Reduced share of secondary material was driven by a changed product mix. |
| 76% circularity in waste generated. | 70.9% | 73.6% | 71.6% | Quarterly reporting on target. Better support and overview of the potential for increased waste circularity. |
| Research, test and implement alternative solutions to reduce the amount of slag sent to landfill. |
Continue ongoing projects. Continue exploring potential sales for slag. |
The internal project has resulted in two new surfaces paved with slag asphalt at the industrial site in Sandviken. Slag has been used to replace sand in the steel mill and in depots. Partnerships with external parties continued and new partnerships commenced. |
Continued focus on progress in new and existing areas. Outcome reported in 2024 sustainability report. |
Internal work proceeded as planned. Students have contributed with their research projects. External collaboration with the ambition to find alternative use for slag initiated. |
| Long-term targets | Milestones 2023 | Outcome 2023 | Milestones 2024 | Status of long-term target |
| Grow the product portfolio for applications for the green transition, electrification, energy efficiency and improved quality of life, at a faster pace than total growth. |
This product portfolio should show higher growth than total growth. |
This product portfolio: +23%. Total growth: +12%. |
This product portfolio should show higher growth than total growth. |
This product portfolio was defined during the year. Measurement of this growth commenced. |
| We want our customers to perceive us as a sustainability leader. |
No numeric milestone was set for 2023. |
Weighted outcome of customer survey resulted in 69 out of maximum 100. |
No numeric milestone was set for 2024. Our ambition is improved outcome compared to the previous year. |
Questions about how Alleima is perceived in relation to sustainability are included in the divisions’ customer surveys. |
More about our focus area Market leadership in sustainability
| Long-term targets | Milestones 2023 | Outcome 2023 | Milestones 2024 | Status of long-term target |
| Reduce total injury rate (TRIFR) by more than 50% by 2030, compared with 2019. |
5.9 | 6.8 | 5.3 | Unsatisfactory trend. Safety programs produced and measures commenced during the year. |
| All our people can operate at their full potential and at the same time feel valued and welcomed whoever they are. |
24.3% female managers. |
23.3% female managers. | 25.6% female managers. |
Introduction of diversity and inclusion program to help raise knowledge in the area. |
| Long-term targets | Milestones 2023 | Outcome 2023 | Milestones 2024 | Status of long-term target |
| Business ethics and compliance culture evolving with the regulatory standards utilizing technological advancements. |
100% completed evaluations in compliance house and all cases of non-compliance have a mitigation activity. |
78% of the companies had completed their evaluation and remedied any cases of non-compliance. |
100% completed evalu-ations of regulatory compliance. All cases of non compliance were addressed with mitigating actions and a deadline for implementation. |
Development and adaptation of the follow up program for regulatory compliance completed. |
| All suppliers compliant with the Alleima Supplier Code of conduct by 2030. |
No numeric milestone was set for 2023 |
47% of suppliers based on spend complied with our Supplier Code of conduct. |
59% of suppliers based on spend complied with our Supplier Code of conduct. |
Continued progress in the introduction of systematic supplier performance monitoring. |