Acerinox's strategic vision contributes to the sustainable development of the societies in which it operates. This way of understanding the business from its origin is materialised in a model based on generating value for stakeholders in the present, and preserving the legacy of future generations.
The Sustainability Plan, 360º Positive Impact, responds to one of the main areas of the Acerinox Strategy, which identifies sustainability as one of its fundamental axes and includes five pillars.
1. Sustainability
governance
2. ESG funding
3. Ethical behaviour
4. Transparency and
reporting of ESG
information
5. ESG risks
management
6. Stakeholder
relations and
communication
7. Eco-Efficient
production
8. Fight against
climate change
9. Circular economy
and waste
management
10. Sustainable product
11. Talent & culture
12. Equality and
diversity
13. Occupational health
and safety
14. Sustainable supply
chain
15. Socioeconomic
development of the
local community
Acerinox has the firm commitment to contributing to the achievement of the Sustainable Development Goals (SDGs) approved by the United Nations, particularly via manufacturing entirely and endlessly recyclable products, while also promoting innovation, education, equality policies and fight agains climate change.
Acerinox's strategic objective is to ensure that its business activity is compatible with the protection of the environment and the development of a sustainable society for future generations, in line with the Sustainable Development Goals and the 2030 Agenda.
To achieve this strategic goal, it is essential to evaluate and assess the business practices of our business partners. International regulations as well as the due diligence act make us co-responsible for non-compliant conduct in our value chain.
Our sustainability objectives are based on the following pillars:
To promote the development of a responsible and transparent management model with solid corporate governance and with a long-term and sustainable vision that identifies and proposes responses to new ESG challenges and opportunities.
To improve continuously our production efficiency, leading to the reduction of emissions, water consumption and other inputs, and thus allowing Acerinox to establish its commitments and objectives in the fight against climate change.
To strengthen the alignment of people with Acerinox's values, boosting their commitment to sustainability, promoting equality, developing talent and improving the organisational climate to strengthen the pride of belonging.
To be a company recognised for our commitment to local society and creating a positive community impact.
To improve the relationship with our business partners, in line with Acerinox's principles and practices.
In its procurement management model, Acerinox establishes a number of general common guidelines for all Group companies, which in turn develop their own procedures to control and guarantee a supply chain that meets the requirements included in this model and the legal and regulatory standards.
To this end, the supplier selection processes are based on the principles of openness, equality and transparency,
promoting among its suppliers similar principles that inspire Acerinox as a responsible Group.
Ethical, environmental and social principles are reflected in the approval processes, as well as in the:
General Terms & Conditions of Business
Including social and environmental criteria in purchasing decisions.
Promoting the development and sustainable long-term growth of all entities involved in the supply chain.
Promoting sustainability principles among the suppliers and contractors of the Acerinox Group.
Ensuring that the selection of suppliers complies at all times with the fulfilment of the commitments acquired and the
internal rules of the Group that regulate contracting.