Describe the process(es) your organization has in place to ensure that your engagement activities are consistent with your overall climate change strategy[…]Once in a monthly basis a Managing Board is organized with all the Business Line Executives to share strategies, vision and Business modelling. The Business Line Directors (Environment, Recycling) set strategies considering the environmental sustainability (including climate change issue). On a quarterly basis, all Product Line Executives report to the Board of Directors with a structured summary of the performed activities and revised budget for the activity still to be performed. Furthermore, we participate as Danieli to Public Forum organized by Banks and/or primary Stock Exchange WW Analyst and/or Stock Exchange Authorities as well to explain and make available to the stakeholders all our initiatives in favour of climate change (both in relation to our production activities but also to promote our products capable to decarbonize the steel industry).
We engaged with UNGC and formally delivered our Cooperation on Project report on December 2021 with our position towards UN SDGs which was comprehensive part of the Paris Agreement.
We are committed since 2019 with SBTi to achieve 1,5°C max increase in the near term 2030 ( as for Paris Agreement) for which we just have been re-assessed on April 2022 confirming our targets.
Furthermore we are part of the World Steel Climate Action Recognition Programme which recognizes steel producers that have fulfilled their commitment to participate in the World steel CO2 emissions data collection program. ABS is a member of climate action initiatives and provides GHG emissions data to support the definition of a common methodology across the steel industry.
Danieli participates on a regular basis to symposiums held by WSA and/or provide WSA with some technical information to update them about the best available solutions also from an environmental point of view.