Commitment to Sustainability
Our Sustainability Plan
North American Stainless (part of the Acerinox Group) has a Sustainability Plan to enhance & reinforce the business strategy
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.
Acerinox has a Sustainability Plan to enhance and reinforce the business strategy and to respond to the Group’s social, environmental and good governance challenges. It has a global vision, reducing risks and developing opportunities. This Plan is called ‘Acerinox Positive Impact 360º’ and defines a series of actions based on the five main pillars summarized below:
POSITIVE IMPACT 360º PLAN
15 lines of action - 66 KPIs
Ethical, responsible & transparent governance
Eco-efficiency & the fight against climate change
Circular economy & sustainable product
Committed team, culture, diversity & safety
Supply chain & impact on the community
Our sustainability strategy
Increase recycled rate of our products
Increase use of renewable energy
Reduce water consumption by reuse of process water
GHG emissions intensity reduction
We contribute to sustainable development
NAS is committed to contribute in the achievement of the Sustainable Development Goals (SDGs) approved by the United Nations, particularly via manufacturing endlessly recyclable products, while also promoting innovation, education, equality policies and the protection of biodiversity.
In some cases, our contribution to these SDGs is direct and in others it is indirect throughout our value chain and the long life cycle of our products. With regard to the direct SDGs, it is worth noting our greater influencing capacity on SDGs 3, 5, 6, 8, 9, 12 and 13:
Certifications and organizations with which we collaborate in sustainability matters
Acerinox’s Group 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 NAS to establish its commitments and objectives in the fight against climate change.
To strengthen the alignment of people with the values of NAS, boosting their commitment to sustainability, promoting equality, developing talent and improving the organizational climate to strengthen the pride of belonging.
To be a company recognized for our commitment to local society and creating a positive community impact.
To improve the relationship with our business partners, in line with the principles and practices of North American Stainless.
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
This policy outlines objectives such as
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 North American Stainless.
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.