Update on the Standard Revision
Update on the Standard Revision
Update on the Standard Revision
Since the launch of the first Standard in 2019, ResponsibleSteel has established itself as a leader in steel sustainability. As the global industry landscape continues to evolve, driven by shifting regulations and reporting requirements, technological innovation, and a growing need to address social and climate issues, the Production Standard must also evolve.
In 2024, ResponsibleSteel began the standard revision process for the ResponsibleSteel International Production Standard (V2.1.1) in accordance with ResponsibleSteel’s Standards Development Procedures. So far, discussions have commenced on aspects of Principle 10: Climate Change and GHG Emissions, Principle 6: Labour Rights, and Just Transition. The revision will also incorporate urgent revisions and provisional interpretations.
The most recent working group meeting on Principle 10 was held on 21 October, followed by a Technical Advisory Group (TAG) meeting a week later. Discussions focused on corporate alignment with the Paris Agreement and corporate-level climate transition plans (10.1), corporate climate-related financial disclosure (10.2), site-level GHG emissions reduction targets and planning (10.5) and GHG emissions disclosure and reporting (10.7). A survey was also recently sent to ResponsibleSteel business members to collect data on how they currently measure and disclose climate-related information to inform the discussions.
In the coming weeks, the Secretariat will consolidate the outcomes from these meetings into a proposal for changes to the Production Standard to be reviewed by the working group and TAG.
The Just Transition working group has been exploring the drivers for inclusion and is considering whether integration of this topic into the Production Standard (as part of Principle 4) is appropriate. The TAG for social topics has also begun reviewing the outcomes of last year's working group on annual leave (related to Principle 6).
Take a look at a few of our key resources to find out more about the revision process:
ResponsibleSteel members are invited to join working group meetings, even if they haven’t participated previously. Meeting minutes and presentations from previous discussions can be found under Resources.
We are always seeking broader engagement, particularly from those with experience/expertise surrounding social topics. By contributing to the revision process, members have a unique opportunity to contribute to a global standard that is shaping the future of the industry, not just for steelmakers, but for the entire value chain.
If you would like to be involved or have any questions, please contact standards@responsiblesteel.org. Stay tuned for further standard development updates on our Standards Development page.
