Reliance Steel & Aluminum Co..
RS.US | Wholesale of metals and metal ores
Reliance Steel & Aluminum Co. is a leading North American metals service center company. They provide value-added metals processing services and distribute a full line of over 100,000 metal products including alloy, aluminum, brass, copper, carbon steel, stainless steel, titanium and specialty steel...Show More
Better Health for All
0
Reliance Steel & Aluminum Co. operates as a metals service center, processing and distributing various metal products. These core products have no significant direct positive or negative health impact on end-users, resulting in a neutral health effect. Consequently, the company generates no revenue from products with direct negative health outcomes, and its products do not have direct safety implications for physical or mental health of users, nor do they have addiction potential. As a metals service center, the company's business model does not involve healthcare-related patents, clinical trials, or the production/sale of food or nutritional products. Evidence pertaining to employee health benefits, internal safety programs, or environmental violations is explicitly excluded by the 'Better Health for All' value definition, which focuses on public health and excludes workplace safety and environmental pollution. Therefore, many KPIs are omitted due to lack of relevant evidence within the defined scope.
Fair Money & Economic Opportunity
0
Reliance Steel & Aluminum Co. is a metals service center company, primarily involved in warehousing, distribution, and processing of metal products. As its core business is not financial services, all KPIs related to lending, deposit services, financial products, and financial inclusion are not applicable. The company made a $1,000,000 donation to Ronald McDonald House Charities on March 9, 2023.
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This is a corporate social responsibility initiative, but it does not qualify as a reinvestment in community finance or profit-sharing with underserved communities as defined by the rubric for the 'profit_reinvestment' KPI.
Fair Pay & Worker Respect
-10
For fiscal year 2024, the CEO pay ratio was 183:1
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, with the CEO earning $13,476,433
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and the median employee earning $73,702.
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Fair Trade & Ethical Sourcing
-70
Reliance Steel & Aluminum Co. does not currently conduct audits of suppliers to evaluate compliance with standards for trafficking and slavery.
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The company also does not engage in verifications of product supply chains to evaluate and address risks of human trafficking and slavery.
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Honest & Fair Business
10
Reliance has a formal whistleblower protection policy, including a 24/7 ethics and compliance hotline and web-reporting tool operated by independent third-party representatives.
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Anonymous reporting is permitted, and retaliation against whistleblowers is prohibited.
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Procedures for handling complaints regarding accounting, internal controls, or auditing matters are established.
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,
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Reports are translated into local languages.
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The company also has a comprehensive anti-bribery and anti-corruption policy that applies to all employees, subsidiaries, affiliates, business partners, and agents.
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This policy prohibits bribery, including facilitation payments, and sets restrictions on gifts, hospitality, and entertainment, particularly with public officials.
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Compliance is mandatory and evaluated in performance reviews, with annual compliance training and certifications required for managers, supervisors, senior personnel, and representatives.
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Internal accounting controls are also mandated.
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Kind to Animals
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Reliance Steel & Aluminum Co. operates as a metals service center, distributing and processing metal products. Its business model does not involve animal-derived products, animal testing, animal agriculture, or direct animal-related operations. Consequently, KPIs such as cruelty-free certification, alternative testing usage, humane certifications, ethical input substitution, supplier audits for animal welfare, cage-free sourcing, animal testing policy and volume, innovation investment in animal-free technologies, animal agriculture ethics, animal-free R&D collaboration, and public policy engagement on animal welfare are not applicable to its operations. No specific, concrete data points were found regarding wildlife conservation impact that align with the rubric's quantitative thresholds.
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No War, No Weapons
10
For the period January 1, 2024, to December 31, 2024, the company determined that conflict minerals used in its products did not originate from Covered Countries, or came from recycled/scrap sources, or were outside the supply chain prior to January 31, 2013.
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Certifications were received from all significant suppliers regarding conflict-free status.
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For a very small number of suppliers lacking sufficient information, the company stated it had no reason to believe these minerals financed armed groups.
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The company's internal audit team periodically reviews conflict mineral compliance.
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Additionally, the company has not reported any lobbying activity on the federal government or specific bills.
5
Planet-Friendly Business
-30
Reliance Steel & Aluminum Co. achieved a 92% recycling rate in 2022.
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In 2023, 47% of materials used were recycled, and 41% of operational energy consumption was sourced from renewables.
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The company reported zero environmental violation citations, 100% EPA Clean Water Act compliance, and zero EPA Clean Air Act violations in 2022.
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However, Reliance Steel has not reported any SBTi-validated carbon reduction targets, nor has it disclosed its Scope 3 greenhouse gas emissions.
Respect for Cultures & Communities
0
No specific, quantitative data or concrete actions related to Respect for Cultures & Communities were found across the provided articles. The articles primarily focus on general company information, worker safety metrics, employee benefits, or high-level ESG ratings without detailing performance on community engagement, cultural preservation, local procurement, or related initiatives.
Safe & Smart Tech
-30
Reliance Steel & Aluminum Co. invested $22.7 million in cybersecurity systems in 2022
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, which represents approximately 0.16% of its $14.4 billion revenue for the same year
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. The company's privacy policy, last updated June 11, 2019
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, states that users can request data removal via email
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. A data breach was discovered on or about April 4, 2022
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, potentially exposing sensitive personal identifiable information, including names and social security numbers
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. Notification to potentially affected customers for this breach began on August 3, 2023
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. The specific number of individuals affected by the breach is unknown
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.
Zero Waste & Sustainable Products
-20
Reliance Steel & Aluminum Co. reported a 92% metal recycling rate.
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In 2023, the company's recycled material usage was 47%.
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The company maintains 100% compliance with EPA and state environmental regulations, reporting zero waste disposal violations.
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Waste reduction initiatives, including training on contamination levels, replacing dumpsters with recycling containers, and introducing office recycling, resulted in a 36% reduction in garbage service costs.
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