Sustainability Roadmap 2023

Qatar Steel’s current Sustainability Roadmap covers the period 2022 – 2026. It builds on the previous roadmap by providing a more in-depth picture of the strategic objectives that will give us a competitive edge over our regional and international peers, while ensuring a positive contribution to the QNV 2030.

The current roadmap outlines ten objectives and includes a detailed action plan that will enable us to identify performance gaps and improvement opportunities within the short and medium term. The values and objectives that informed the development of the Sustainability Roadmap are the following:

The values and objectives that informed the development of the Sustainability Roadmap are the following:

• Integrating environmentally friendly technologies and processes. We strive to revolutionise steelmaking practices and minimise our ecological impact by exploring sustainable alternatives and investing in research and development
• Reducing our environmental footprint. As a responsible steel supplier, we are actively pursuing initiatives to optimise energy consumption, minimise waste generation, and decrease emissions throughout our operations. Through the adoption of efficient production methods and the promotion of circular economy principles, we seek to contribute positively to the preservation of our planet’s natural resources
• Cultivating a zero-harm culture. We endeavour to create a safe working environment by prioritising the health,safety, and well-being of our employees, contractors, and stakeholders. To achieve this, we have implemented robust safety protocols, provided comprehensive training programs, and fostered a culture of accountability.
• Investing in employee development. We recognise that our employees are our greatest asset and investing in our human capital by providing training, education, and benefits can help our organisation thrive in a rapidly changing landscape. By promoting diversity, inclusivity, and equal opportunities, we create a workplace that fosters creativity, collaboration, and personal growth.
• Empowering the local community. Our commitment to sustainability extends beyond our organisational boundaries. We recognise the importance of forging strong relationships with the local community, and we actively engage these communities to ensure that we are making a positive social impact. This includes introducing initiatives such as community outreach programs, education, and support for local businesses.

To facilitate the implementation of our strategy, we have created balanced scorecards and established a RASCI matrix3 which actively involves the management team. These initiatives were undertaken to ensure a clear mapping of roles and responsibilities for each action identified.

The following table highlights the alignment of our new Sustainability Roadmap with our consolidated Sustainability Framework: