Introduction
Our Values, experience and history tell us that we must work in a way that delivers real lasting benefits to our future generations, ensuring that the next chapter in our story doesn't compromise their needs.
We invest in areas that matter to our shareholders, including safety, climate change mitigation, and sustainable technology. Providing long-term value to communities, governments, and employees.
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Our Approach
We are leading the world to a sustainable tomorrow.
Governance
For us, sustainability is an integral part of our business. It is driven by the company’s leadership and has an organization wide governance structure around it.
Material Issues
We arrived at our Environmental, Social and Governance (ESG) related material issues through an exclusive and extensive stakeholder engagement process.
Sustainability Performance
There are six capitals that represent the resources and relationships we depend on to create value. We aim to meet our strategic objective by judiciously managing our capitals.
Sustainability Disclosures
We believe in disclosing our sustainability performance transparently through various disclosure platforms such as GRI, IIRC etc.
The Six Capitals
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Human Capital
We focus on three thrust areas across the value chain to build and nurture our human capital- OHS (Occupational Health & Safety), Human Resource Management and Human Rights.
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Social and Relationship Capital
Our long-term relationship with customers, suppliers and communities is key to our business sustainability.
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Finacial Capital
We endeavour to maximise surplus funds from both, business operations as well as relevant monetisation of assets and investments.
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Manufactured Capital
We aim to retain our position as one of the lowest cost steel producers in the world, through improved operational efficiencies and business excellence.
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Intellectual Capital
We aspire to be a pioneer in leading the fourth industrial revolution, and are committed to developing cutting-edge technologies and design solutions that improve efficiency as well as enhance customer experience.
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Natural Capital
We strive for excellence in environmental performance and resource efficiency, to mitigate our ecological footprint.
Our Pillars
Our model of sustainability rests on pillars of safety, biodiversity, and community.
Strategic Objectives
We aspire to be future-ready- structurally, financially and culturally.
Industry Leadership in Mining & Ferro Alloys
We aim to foray into new segments and sustain our #1 position in existing chosen segments.
Consolidate Position as a Global Cost Leader
Our objective is to maintain cost leadership when it comes to market price of raw materials.
Insulate Revenues from Ferro Alloys Cyclicality
We are focused on growing revenue and enhancing downstream business.
Industry Leadership in Safety, Health, Environment & Sustainability
We are determined to create a lasting impact on the communities in our operating areas and achieve a zero-injury workplace.