Sustainable business approach recognized by updated ESG Assessment

• Increase of 23 percentage points
   
• Above-average score in European Mining & Metals industry across all three Environmental, Social and Governance (ESG) criteria
   
• Responsible action and a sustainable approach to business are essential elements of our corporate culture

Salzgitter AG has received an updated ESG Assessment score of 54/100 from V.E, part of Moody’s ESG Solutions. This is not only above the industry average in Europe, but also represents an improvement of 23 percentage points over the company’s score in 2020. The company’s scores increased in all three ESG (Environment, Social and Governance) categories.
 
V.E’s ESG Assessments measure the extent to which a company is managing ESG-related risks and opportunities.
 
Chief Executive Officer Prof. Dr.-Ing. Heinz Jörg Fuhrmann commented as follows: “Responsible action and a sustainable approach to business are integral elements of our corporate culture and daily practice at the Salzgitter Group. The issue of sustainability is firmly established as a distinct value in our mission statement. Although at present our efforts in the area of of ESG are focused in particular on SALCOS® (SAlzgitter Low CO₂Steelmaking), our route to virtually CO₂-free steelmaking, we have not lost sight of the other aspects of sustainability. I am delighted that our achievements and the progress we have made have been recognized in the latest ESG Assessment from V.E.”