The existing ResponsibleSteel Standard with its 12 Principles covering environmental, social (ESG) and governance issues allows certified steel sites to claim that their site is operated in a responsible manner. While the approved Standard asks for a high-level commitment to responsible sourcing and for evidence that this commitment is being implemented, it does not provide incentives to steel companies and their suppliers to work towards high levels of ESG performance in supply chains.
ResponsibleSteel is in the process of defining further requirements for the responsible sourcing of input materials used for steel making and steel processing. Meeting these requirements in addition to the already approved Standard will allow steel sites to not only make claims about the way their site is operated, but also about their sourcing of input materials and the steel products they sell.
Following plenty of discussion with our Members and our Board, we have now published a draft version of the responsible sourcing requirements and are keen to hear your views on them. These requirements will be important to push demand for credible third-party verification of suppliers such as mine sites.
You can find the draft requirements, background information, options and consultation questions here on our website.
Please provide your feedback by 02 October 2020 via this google documents form.
Make use of this opportunity to help shape the steel sector of the future and create responsible supply chains!back to news