Aperam Publishes Corporate Sustainability Report 2024

Introduction

On June 30, 2025, Aperam S.A. announced the publication of its Corporate Sustainability Report for 2024. The report emphasizes Aperam’s commitment to sustainability and aligns with global Sustainable Development Goals (SDGs), highlighting its leadership in environmental, social, and governance (ESG) performance within the stainless steel industry.

Report Framework and Assurance

• The report builds on stakeholder inclusiveness and materiality principles.
• It continues the use of the 2021 GRI sustainability standards and marks a first step towards compliance with the Corporate Sustainability Reporting Directive (CSRD).
• Key performance indicators, including safety results (Total Recordable Incident Rate – TRIR), environmental metrics (CO2e emissions, energy intensity, water withdrawals, air emissions), and carbon removals from FSC©-certified forests, received external assurance by PriceWaterhouseCoopers (PwC).

Decarbonization and Environmental Performance

Aperam is a leader in reducing CO2e emissions within the steel sector, with a 2024 carbon footprint (Scopes 1+2) of 0.34 tCO2e per tonne of crude steel, significantly below the industry average of 0.83 tCO2e/tcs (WorldStainless 2021 data). The company has set ambitious targets aligned with SDG 13 (Climate Action):

1. Reduce total carbon footprint (Scopes 1+2+3) by 15% in absolute terms by 2030 compared to 2021 baseline.
2. Achieve a 20% reduction in carbon intensity by 2030.

The decarbonization roadmap integrates internal circularity, low-carbon material strategies, energy efficiency, and renewable energy initiatives.

Strategic Advantages Supporting Sustainability

Aperam leverages three strategic advantages to support its sustainability goals, contributing to SDG 12 (Responsible Consumption and Production) and SDG 15 (Life on Land):

• Optimized use of steel scrap in Europe through integration of Aperam Recycling (formerly ELG).
• Use of charcoal as a sustainable alternative to extractive coke in Brazilian blast furnaces.
• Carbon sequestration through FSC©-certified forestry management.

Leadership and Certifications

Aperam maintains its position as an industry leader in sustainability by achieving and renewing key certifications and ratings:

• First stainless steel sector company to earn ResponsibleSteel certification in Europe (2021, renewed 2024) and Brazil (2023), covering social, environmental, and corporate responsibility including stakeholder engagement.
• Consistent top-level ESG ratings affirming the company’s sustainable approach.

Company Profile and Commitment to Circular Economy

Aperam is a global stainless, electrical, specialty steel, and recycling company operating in over 40 countries. Since January 2022, its business is organized into four segments:

• Stainless & Electrical Steel
• Services & Solutions
• Alloys & Specialties
• Recycling & Renewables

The company’s industrial network spans sixteen production facilities across Brazil, Belgium, France, the United States, India, and China. Aperam’s unique capabilities include producing low carbon footprint stainless and special steels from biomass, stainless steel scrap, and high-performance alloys scrap, supporting SDG 9 (Industry, Innovation, and Infrastructure) and SDG 7 (Affordable and Clean Energy).

With Bioenergia’s FSC®-certified charcoal production and ELG’s global leadership in scrap recycling, Aperam places sustainability at the core of its operations, fostering a circular economy and creating value for stakeholders.

Financial Highlights 2024

• Sales reached EUR 6,255 million.
• Shipments totaled 2.29 million tonnes.

Access to Full Report and Contact Information

The complete Corporate Sustainability Report 2024 is available on Aperam’s website under Sustainability > Essentials > Sustainability Reports: www.aperam.com

For further inquiries:

• Investor Relations: IR@aperam.com
• Communication: Ana.Escobedo@aperam.com

1. Sustainable Development Goals (SDGs) Addressed or Connected

1. SDG 9: Industry, Innovation and Infrastructure
   • Focus on sustainable industrialization and innovation in steel production.
2. SDG 12: Responsible Consumption and Production
   • Emphasis on circular economy, recycling, and sustainable material use.
3. SDG 13: Climate Action
   • Decarbonization roadmap, CO2e footprint reduction, and carbon sequestration efforts.
4. SDG 15: Life on Land
   • Management of FSC©-certified forests and sustainable forestry practices.
5. SDG 8: Decent Work and Economic Growth
   • Commitment to safety (TRIR, Incident Frequency and Severity rates) and social responsibility.

2. Specific Targets Under Those SDGs Identified

1. SDG 9 – Target 9.4: Upgrade infrastructure and retrofit industries to make them sustainable, with increased resource-use efficiency and greater adoption of clean and environmentally sound technologies and industrial processes.
2. SDG 12 – Target 12.5: Substantially reduce waste generation through prevention, reduction, recycling, and reuse.
3. SDG 13 – Target 13.2: Integrate climate change measures into policies, strategies, and planning.
4. SDG 15 – Target 15.2: Promote the implementation of sustainable management of all types of forests, halt deforestation, and increase afforestation and reforestation.
5. SDG 8 – Target 8.8: Protect labor rights and promote safe and secure working environments for all workers.

3. Indicators Mentioned or Implied to Measure Progress

1. Environmental and Safety Indicators:
   • TRIR (Total Recordable Incident Rate): Measures workplace safety performance.
   • Incident Frequency and Severity Rates: Track safety incidents and their impact.
   • CO2e Emissions (Scopes 1, 2, and 3): Measures carbon footprint and progress in decarbonization.
   • Energy Intensity: Energy consumption relative to production output.
   • Water Withdrawals and Air Emissions: Environmental resource use and pollution metrics.
   • Annual Carbon Removals of FSC©-certified Forest: Measures carbon sequestration through sustainable forestry.
2. Certification and Ratings:
   • ResponsibleSteel Certification: Assesses social, environmental, and governance performance.
   • ESG Ratings: Evaluate environmental, social, and governance commitments.

4. Table of SDGs, Targets, and Indicators

SDGs	Targets	Indicators
SDG 9: Industry, Innovation and Infrastructure	9.4: Upgrade infrastructure and retrofit industries to make them sustainable, with increased resource-use efficiency and adoption of clean technologies.	Energy intensity; CO2e emissions (Scopes 1, 2, 3); Decarbonization roadmap progress.
SDG 12: Responsible Consumption and Production	12.5: Substantially reduce waste generation through prevention, reduction, recycling, and reuse.	Recycling rates via Aperam Recycling; Use of steel scrap; ResponsibleSteel certification.
SDG 13: Climate Action	13.2: Integrate climate change measures into policies, strategies, and planning.	CO2e footprint (Scopes 1+2+3); Carbon removals from FSC©-certified forests; Third-party verification of emissions.
SDG 15: Life on Land	15.2: Promote sustainable forest management, halt deforestation, increase afforestation and reforestation.	Annual carbon removals of FSC©-certified forest; FSC® certification.
SDG 8: Decent Work and Economic Growth	8.8: Protect labor rights and promote safe and secure working environments.	Total Recordable Incident Rate (TRIR); Incident Frequency and Severity rates; ESG ratings.

Source: tradingview.com