Gold EcoVadis medal for Swiss Steel Group
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Swiss Steel Group, a leading global supplier of special long steel, has been awarded the gold medal by EcoVadis, the renowned platform for sustainability assessments of global supply chains. This is a significant improvement on last year’s silver medal and underlines the company’s consistent commitment to environmentally friendly production, social responsibility and ethical business management.
With this award, the Swiss Steel Group ranks among the top 5% of all companies assessed by EcoVa-dis worldwide and is in the top 2% of the iron and steel industry. This is the best result the Swiss Steel Group has ever achieved in this internationally recognised sustainability rating.
As one of the leading special steel manufacturers in Europe, Swiss Steel Group pursues a clear sustainability strategy. The company produces exclusively using the electric arc furnace (EAF) route, which has a carbon footprint that is up to 81% lower than the conventional blast furnace route. The use of recycled steel scrap as a raw material and the increased use of renewable energies make a significant contribution to reducing emissions.
With the development and supply of Green Steel, the Swiss Steel Group offers a CO₂-reduced alterna-tive for customers in the automotive, aviation, mechanical engineering and energy industries. These sustainably produced steels enable the entire value chain to significantly reduce its ecological footprint.
Frank Koch, CEO of the Swiss Steel Group, sees the renewed award from EcoVadis as clear proof of the company’s pioneering role: “This gold medal is not only a recognition of our continuous sustainability efforts, but also a strong signal to our customers and the entire steel industry. Our aim is to actively shape the change towards a sustainable future through environmentally friendly production processes and innovative materials. This EcoVadis assessment confirms our strategy and motivates us to consistently continue on this path.”
With this award, the decision has also been made to carry out future sustainability assessments at group level instead of evaluating individual locations separately. This will enable even more targeted management of sustainability measures across all production sites.
Swiss Steel Group plans to further intensify its sustainability strategy and expand its Green Steel initiatives. This includes not only the reduction of CO₂ emissions, but also the further development of circular economy approaches and the implementation of innovative technologies for environmentally friendly steel production.
The EcoVadis gold medal underlines the fact that sustainable business practices are not only ecologi-cally necessary, but also economically advantageous. Customers and partners of the Swiss Steel Group benefit from a transparent and sustainable supply chain that meets the highest environmental and social standards.