Mar 30, 2023 9:00 AM
A commitment to transparency: thyssenkrupp Materials Services publishes its own sustainability report for the first time
As part of the group of companies, thyssenkrupp Materials Services officially falls under the reporting obligations of thyssenkrupp AG and is therefore not required to publish a sustainability report. "But that's not the only benchmark," says Martin Stillger, Chief Executive Officer of thyssenkrupp Materials Services: "We have defined a clear ambition on the subject of sustainability with 'BEYOND': We want to go further than others expect us to. That also means going beyond the minimum legal requirements." Therefore thyssenkrupp Materials Services decided to publish its own purely digital sustainability report. At “thyssenkrupp Materials Services Sustainability Report” the company brings together on one platform all facets of its sustainability commitment, which received a first recognition in October with the Sustainability Award.
"When it comes to sustainability, we also have high standards for maximum transparency and are pleased if we can set impulses to transform our industry," says Stillger. Under the umbrella of "BEYOND" thyssenkrupp Materials Services takes a holistic approach to sustainability. Aligned with the internationally recognized ESG standards, the company offers customers climate-friendly products and services, aims to be carbon neutral by 2030, and is committed to social and societal issues such as promoting diversity and raising social standards along supply chains. As market leader for materials services, thyssenkrupp Materials Services also aims to become the industry leader for sustainability.
Figures, data, facts – and employees in the foreground
A classic sustainability report should be informative, comprehensive, well-structured and clear. In its own report thyssenkrupp Materials Services supplements these aspects with an entertaining, varied and dynamic representation. In addition to ecological and social activities from the businesses of the largest mill-independent materials distributor and service provider in the Western world, insights into climate-friendly product solutions are shown. One of them is the Product Carbon Footprint Calculator, which creates transparency on all CO2e emissions along the entire supply chain. It becomes clear that, in addition to innovative approaches, the company has already been addressing the issue of sustainability for many years. For example, a functioning circular economy through recycling of materials, such as slag, has long been standard practice at some points in the company. In addition, the focus is on the people who make the organization sustainable. Employees who contribute ideas, make work safer, drive inclusion, and thus ensure sustainable togetherness.
"We are realizing our development to a more sustainable business in over 30 countries and together with our approximately 16,000 employees. That's why it's important to us in our sustainability report to show not only the projects, but also the people behind them, and to let them have their say," emphasizes Stillger.
About the Sustainability Report
With this report thyssenkrupp Materials Services is laying the foundations for reporting that will be aligned with an overarching standard in the future. The company is guided by a combination of national and international standards. A printed sustainability report has been deliberately dispensed with.
You can access the Sustainability Report under the following link: