SALZGITTER AG.
SZG.XETRA | Manufacture of basic iron and steel
Salzgitter AG is a German steel and technology group. It operates through several divisions, including steel production, steel processing, trading, and technology. The company's primary activities involve the production of a wide range of steel products, including flat steel, sections, and tubes. It...Show More
Better Health for All
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The company protects personal data collected, processed, or used within the Salzgitter Group, ensuring it is for predetermined, clear, and legal purposes.
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Data safekeeping is undertaken to a high technical standard to prevent unauthorized access, and any data use must be transparent for affected parties, with their rights to information, correction, objection, blocking, or erasure ensured.
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The company also protects its information assets and those of its customers, applying a comprehensive protection system based on Group policies that are regularly audited, and follows the questionnaire on information security of the Association of the Automotive Industry (VDA ISA), holding a TISAX® assessment.
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The company values and supports open and frank interaction between individuals.
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Fair Money & Economic Opportunity
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The provided articles for Salzgitter AG, a German steel and technology group, do not contain any specific, concrete data points relevant to the KPIs under the 'Fair Money & Economic Opportunity' value. This value is designed to assess financial institutions and their impact on financial inclusion, lending practices, and wealth creation for underserved populations. As Salzgitter AG's core business is steel production and related technologies, the available information focuses on financial performance, ESG figures (primarily environmental and employee-related), and operational details, none of which address consumer financial services, lending, or related inclusion initiatives.
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Therefore, all KPIs are omitted due to a lack of applicable evidence.
Fair Pay & Worker Respect
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The company's Lost Time Injury Frequency (LTIF) rate, which includes temporary workers, was 7.45 in 2024.
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This translates to a Recordable Occupational Injury Rate (TRIR) of 1.49 per 200,000 hours. This is an improvement from the 2023 LTIF rate of 8.32 (TRIR 1.664) and the 2022 LTIF rate of 6.78 (TRIR 1.356).
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The Executive Board's annual bonus is partly tied to reducing the LTIF rate.
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There have been no instances where the option to reclaim variable remuneration components was utilized, indicating no occasion or preconditions to justify such action in the past three years.
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Fair Trade & Ethical Sourcing
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No quantitative data was provided in the articles for any of the Fair Trade & Ethical Sourcing KPIs.
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The articles discuss general sustainability strategies, governance structures, and codes of conduct, but do not offer specific metrics or outcomes relevant to the rubric's quantitative thresholds for fair trade certification share, audit frequency, forced or child labor incidents, traceability coverage, remediation speed, ethical clause coverage, materials risk index, or supplier diversity spend.
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Honest & Fair Business
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Salzgitter AG operates a comprehensive 'FAIR TOGETHER' whistleblower system, including a Compliance Hotline and an Ombudswoman, accessible to all Group employees, business partners, customers, suppliers, and other stakeholders globally.
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The effectiveness of this system is reviewed annually.
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The company declared compliance with the German Corporate Governance Code, with exceptions for recommendations B.3, G.10 (sentence 1), and G.13.
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No Executive Board or Supervisory Board members reported conflicts of interest in 2023.
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The company has not had any financial restatements in the past five years, only minor disclosure tweaks. Salzgitter Flachstahl GmbH, a subsidiary, had no severe ESG controversies identified at the time of a March 2024 report, placing the company in the top 10% for controversy scores.
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Salzgitter AG has a comprehensive anti-corruption policy, including a Code of Conduct, Supplier Code, and Antitrust Code, with regular compliance training and risk analysis.
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The Corporate Audit department carries out additional random checks, and the company appreciates suppliers having certified management systems and sending verification.
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Kind to Animals
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The provided articles focus on Salzgitter AG's transition to green steel, decarbonization efforts, and general environmental, social, and governance (ESG) figures. They do not contain any specific data or information relevant to the 'Kind to Animals' ethical value.
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There is no evidence regarding cruelty-free certifications, alternative testing methods, humane certifications for animal operations, wildlife conservation impact, ethical sourcing of animal-derived ingredients, supplier audits for animal welfare, cage-free sourcing, animal testing policies or volume, innovation investment in animal-free technologies, animal agriculture ethics, animal-free R&D collaboration, or public policy engagement related to animal welfare.
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No War, No Weapons
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Salzgitter AG reports 0.002 kt of conflict minerals in its supply chain.
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The company supplies SECURE 500® steel, which is approved for use by the German Armed Forces in military items such as vehicles or protective systems.
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Salzgitter AG is also in the approval process for several other steel grades for military applications.
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The Salzgitter Group already supplies the German armed forces and has a dedicated "Defence" task force to strengthen customer relationships in this area.
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There is no codified policy banning participation in cluster munitions or anti-personnel landmine supply chains, nor is there verified zero exposure to controversial or banned weapons.
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Planet-Friendly Business
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No evidence available to assess SALZGITTER AG on Planet-Friendly Business.
Respect for Cultures & Communities
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The provided articles do not contain specific, quantitative data points relevant to any of the KPIs for 'Respect for Cultures & Communities'. Information regarding formal partnerships, local community reinvestment, cultural appropriation incidents, cultural impact assessment protocols, local employment ratios, community grievance mechanisms, complaint resolution times, FPIC participation, community governance inclusion, cultural preservation investment, local procurement, indigenous suppliers, cultural site protection, social license to operate, charitable giving to cultural organizations, community fund allocation, language inclusivity, cultural incident response, or cultural sensitivity training completion is not present.
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The articles primarily focus on financial performance, general sustainability ratings, employee training programs (without specific cultural sensitivity metrics), and supplier codes of conduct, none of which provide the concrete, company-wide data required for scoring these KPIs.
Safe & Smart Tech
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No evidence available to assess SALZGITTER AG on Safe & Smart Tech.
Zero Waste & Sustainable Products
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In 2024, Salzgitter AG diverted 852 kt of waste from disposal out of 1,693 kt incurred, resulting in a waste diversion rate of 50.32%.
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The company's steel products are 100% recyclable without any loss of quality and can be recycled almost indefinitely.
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In 2024, 17% of the materials used were secondary materials, including scrap.
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Circular material cycles are a central element of the Group strategy, with circular design principles applied as standard practice across product development. Salzgitter AG has company-wide waste reduction targets, aiming to recycle over 2.5 million tons of scrap annually by 2025 and expand scrap recycling to over 3 million tons per year by 2030.
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