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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.

More about our focus area Climate and circularity

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.

More about our focus area A responsible employer

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.

More about our focus area Ethical business conduct

Related information

Sustainability report

Read more in our latest sustainability report.

Interim report

Read more about our quarterly reporting in the interim report.