"The gold medal from EcoVadis is a recognition of Saarstahl’s long-standing commitment to sustainability and an incentive to keep getting better," said Dr. Karl-Ulrich Köhler, Chairman of the Management Board. "I am proud that we have been able to continue to improve even during the coronavirus crisis and that we have gotten a step closer to our aim of sustainable steel production. The renewed gold rating clearly demonstrates that we in the steel industry are aware of our responsibility to employees, customers and business partners, as well as to the environment, and that sustainable action is firmly embedded in our corporate culture – even in difficult times."
The EcoVadis audit is performed annually, and Saarstahl had already positioned itself successfully as a sustainable company in previous years. Saarstahl once again increased its overall score in 2021 and, with 72 points, is among the top three percent of companies in its industry category. The rating is valid for the year 2021.
The EcoVadis assessment is based on a defined scorecard. This scorecard also incorporates the criteria of the Global Reporting Initiative, the United Nations Global Compact and the International Organization for Standardization for the topics "Environment", "Labor", "Fair Business Practices" and "Sustainability in Procurement". The definition of specific evaluation criteria enables comparison of the companies certified by EcoVadis worldwide.
The Saarstahl name has long stood for high-quality, customized solutions made from steel. The Saarstahl Group, headquartered in Völklingen, Germany, specializes in the production of wire rod, bar steel, billets and forged products in premium qualities. With innovative products and intelligent technologies, Saarstahl is helping find answers to global challenges like mobility, energy efficiency and safety. Saarstahl products are in demand by the automotive and construction industries, the power engineering industry, the aerospace industry, by general mechanical engineering and other steel processing industries, and they are used in applications that can be subjected to the most extreme conditions.
For more information: www.saarstahl.com
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