ResponsibleSteel

1. What are the key principles and criteria that ResponsibleSteel uses to certify steel producers for sustainable and ethical practices ResponsibleSteel is a global multi-stakeholder initiative dedicated to promoting sustainability and ethical practices within the steel industry. Its certification framework provides a comprehensive standard that addresses environmental, social, ResponsibleSteel and governance (ESG) aspects of steel production. The certification is based on several key principles and criteria aimed at ensuring steel producers operate responsibly and sustainably. 1. Corporate Governance and Ethical Conduct ResponsibleSteel-certified producers must demonstrate strong corporate governance practices that promote transparency, integrity, and accountability. Companies are required to establish policies that align with ethical business conduct, including anti-corruption measures, fair competition, and respect for human rights. Additionally, effective stakeholder engagement and communication processes are vital to ensure inclusivity and responsiveness to concerns raised by employees, communities, and other stakeholders. 2. Climate Change and Greenhouse Gas Emissions Reduction A core focus of ResponsibleSteel is reducing the steel industry's carbon footprint. Certified producers must commit to measurable greenhouse gas (GHG) emissions reductions, aligning with global climate goals such as the Paris Agreement. This involves setting science-based targets, improving energy efficiency, and transitioning to low-carbon technologies such as hydrogen-based steelmaking or carbon capture and storage (CCS). Companies must also report their emissions data transparently to track progress and ensure accountability.

2. 3. Environmental Stewardship ResponsibleSteel certification mandates stringent environmental protection measures to minimize the impact of steel production on air, water, and land resources. Companies must adopt best practices in waste management, resource efficiency, and pollution control. This includes reducing water consumption, managing hazardous materials responsibly, and preventing biodiversity loss through sustainable land use and conservation efforts. 4. Human Rights and Labor Standards Respect for human rights and fair labor practices is a fundamental principle of ResponsibleSteel. Certified producers must adhere to international labor standards, including those set by the International Labour Organization (ILO). This entails providing safe working conditions, ensuring fair wages, prohibiting forced and child labor, and fostering diversity, equity, and inclusion in the workplace. Companies must also establish grievance mechanisms to address workers' concerns and uphold their rights. 5. Community Engagement and Social Responsibility Steel producers seeking certification must actively engage with local communities to address social and economic impacts. This includes meaningful dialogue with stakeholders, supporting local development initiatives, and mitigating potential adverse effects of operations. Companies are encouraged to contribute positively to the well-being of surrounding communities through job creation, infrastructure development, and support for education and health programs. 6. Responsible Sourcing of Raw Materials ResponsibleSteel-certified companies must ensure that raw materials, such as iron ore and coal, are sourced responsibly. This involves conducting due diligence on suppliers to verify compliance with ethical, environmental, and social standards. Companies should prioritize materials from sources that adhere to sustainable mining practices and avoid conflict minerals or human rights abuses in their supply chains. 7. Transparency and Continuous Improvement A key aspect of ResponsibleSteel certification is the commitment to ongoing improvement and transparency. Certified organizations must regularly assess their performance against the standard’s criteria and strive for continuous enhancement of their sustainability efforts. Public reporting and independent third-party audits are essential components of the certification process to ensure credibility and trustworthiness. By adhering to these principles and criteria, ResponsibleSteel-certified producers contribute to a more sustainable and ethical global steel industry, addressing critical challenges such as climate change, human rights, and resource efficiency.