Corporate responsibility program and objectives

Objectives

The objective of corporate responsibility is to ensure long-term business conditions from the financial, social and environmental aspects. We are constantly pushing to improve different aspects of our operations and responsibility is broadly reflected in the decisions we take.

Continuous improvement in safety and the promotion of energy efficiency are high on Ruukki’s corporate responsibility agenda. We want to continue ranking among the best companies in developing responsibility in our sector.

Main objectives of corporate responsibility at Ruukki

Aspects

Some of our achievements in 2011

Financial responsibility 

  • Achievement of financial targets
  • Compliance with Code of Conduct

Total economic value of € 2,872 million (2,495) was created for stakeholders
Dividends totalling €83.3 million (62.5) were paid
Comparable operating profit was €56 million (38)
Code of Conduct was revised

Social responsibility

  • Improved safety
  • Strengthened top-quality expertise
  • Development of leadership culture

Safety was improved by enhancing pro-action and induction

  • 6.5 (4.5) safety actions/per employee
  • teams held over 26,800 (19,000) safety moments
  • safety was assessed on over 25,400 (20,000) safety rounds

The personnel took part in an average of 1.76 (1.87) training days a year.

A total of 92% (80) of salaried employees had development discussions in which competence evaluation and target setting were key elements.

Environmental responsibility

  • Promotion of energy efficiency
  • Increased recycling and materials efficiency
  • Compliance with environmental systems and requirements of environmental permits

Ruukki launched airtight energy panels etc, was the first company to launch a photovoltaic system integrated into a façade and piloted ground-source heat solutions integrated into steel piles

Recycling steel and mineral products reduced CO2 emissions by 600,000 tonnes (700,000)

An ISO 14001 environmental management scheme is in use already at 99% of Ruukki’s production sites.
Environmental investments totalled €29 million (29)