Sustainability Framework
Qatar Steel’s Sustainability Framework was amended in 2020 in order to prioritize HSE’s operational criteria along with the other pillars of the Sustainability Framework, and is centered on seven pillars with the core theme ‘Building the Future.’ These pillars are envisioned to have the greatest impact on the company’s performance and our stakeholders. The pillars provide the foundation for the establishment and core management of sustainable development within our company. Each of the seven pillars link to material issues identified as most material to the company. These issues are monitored on a regular basis through the course of the year.
| Sustainability Pillars | Definition |
|---|---|
| Building the Future | Contributing towards building a sustainable future in-line with QNV 2030 |
| Contributing to National Growth & Development | Efforts towards building a better society by providing education, health care and employment opportunities for nationals, with special focus on youth. |
| Achieving Profitable Growth & Business Portfolio | Contributing to Qatar’s economic growth by managing Qatar Steel’s growth through seizing potential expansion opportunities in operating units [including internal up-gradation and new capacity additions], and through prospective strategic investments. |
| Practice Good Governance | Upholding our values, establishing code of conduct, and training & developing team members. Promoting risk management culture and positioning Qatar Steel for sustained business continuity |
| Developing a High- Performing & Motivated Team | Developing people to reach their full potential, improving the organization’s culture, providing support at the different stages of the career lifecycle and encouraging a welcoming workplace. |
| Ensuring Safe and Healthy Work Environment | Engaging with stakeholders, promoting healthy and safe workplace practices and supporting the community. |
| Creating a Balanced Ecosystem | Efficient use of resources, creating awareness about the ecosystem, reducing waste for a better future, and complying with regulatory bodies. |
