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What does sustainability mean for us?

For thyssenkrupp, sustainability is not just a slogan, but a company that participates in the spirit of its activities and decisions when considering environmental, social and economic aspects in order to operate sustainably in the long term. Integrating the concept of sustainability into the corporate strategy means that thyssenkrupp not only considers the needs and expectations of the current generation, but also seeks a business model that is safe and sustainable for future generations.


Environmental sustainability

The steel industry is one of the most important sectors in the EU, producing around 160 million tonnes of finished steel every year and employing a total of 2.3 million people within the continent, and accounting for nearly 100 million jobs worldwide, taking into account the global supply chain. Securing and making the supply chain more sustainable is of the utmost importance to thyssenkrupp, which is why it uses measures and practices to reduce its carbon footprint. This could include increasing energy efficiency, reducing carbon dioxide emissions, promoting recycling, and other measures that help conserve natural resources. Moreover, thyssenkrupp Materials Services, as Europe's largest materials distributor, has developed a unique calculation model that can be used to track the carbon footprint of a product throughout the entire supply chain. The Product Carbon Footprint - PCF for short - calculator calculates the exact CO2 emissions of each product from production to delivery.


Economic sustainability

Economic sustainability means that thyssenkrupp remains financially stable in the long term. This includes improving the efficiency of business processes, promoting innovation, digitization, financial transparency and other factors that ensure the company's financial stability and continuity, all without losing focus on environmental sustainability. With its sustainability efforts, thyssenkrupp tries to reconcile business success with environmental aspects, balancing the needs and expectations of present and future generations.