Nanjing Iron & Steel

No leading practices were identified in the governance and strategy area.

No leading practices were identified in the ecosystems and biodiversity area.

No leading practices were identified in the social inclusion and community impact area.

Sustainability strategy and accountability
Nanjing Iron & Steel discloses no sustainability strategy with nature-related targets and does not report on sustainability accountability within its governance structure.

Stakeholder engagement
The company does not disclose how it engages with stakeholders, nor the issues it raises during such activities.

Lobbying
The company does not report on its lobbying and advocacy practices on nature-related issues, nor whether these activities align with its sustainability strategy.

Impact and dependencies assessment
The company has not holistically assessed its impacts or how it depends on nature, including biodiversity. It has an opportunity to start such an assessment across its value chains, focused on quantification of its impacts or dependencies.

Key areas and species
The company does not disclose key species or areas important for biodiversity affected by its operations or suppliers. It has an opportunity to increase its transparency.

Ecosystem conversion and restoration
No evidence was found regarding the company’s efforts to avoid ecosystem conversion, including deforestation, or promote restoration. The company has an opportunity to develop a strategy and publicly report on specific, time-bound targets.

Resource exploitation and circularity
No evidence was found regarding the company’s efforts to work towards a circular economy. The company has an opportunity to develop a strategy and publicly report on specific, time-bound targets. The company does not disclose activities to improve soil health nor does it have a target to improve soil health in its production or sourcing practices.

Water
No quantitative evidence was found of reductions in water withdrawal across the company’s own operations. Nanjing Iron & Steel has a strong opportunity to disclose a time-bound target to reduce water withdrawal across its own operations as well as to report how much water is withdrawn for its own operations in water-stressed areas. The company also does not engage with suppliers to reduce water withdrawal. Furthermore, it has an opportunity to disclose its processes for managing and monitoring discharge water quality and to regularly report on water pollution as well as set targets to reduce water pollution. The company does not disclose a commitment to respect the right to water nor does it disclose its processes for implementing preventive and corrective action plans for identified specific risks to the right to water and sanitation in its own operations.

Solid and air pollution
The company is reducing the production of hazardous waste but is not reducing plastic use and waste in its own operations. While Nanjing Iron & Steel has time-bound targets to reduce air pollutants across the most material parts of its value chain, it does not report on air quality parameters of emissions of harmful air pollutants.

GHG emissions
Nanjing Iron & Steel is reducing its scope 1 and 2 greenhouse gas emissions but does not disclose a time-bound target. The company has a strong opportunity to disclose a target to reduce its scope 1 and 2 emissions aligned with a 1.5-degree trajectory and report progress against it. The company also does not disclose a time-bound target to reduce its scope 3 emissions.

Invasive species
The company has not identified any activities that could lead to the introduction of invasive alien species in its own operations.

Safe, clean, healthy and sustainable environment 
The company does not show if it is committed to respecting local communities’ right to a safe, clean, healthy and sustainable environment or to zero tolerance for acts of violence, threats, intimidation or judicial harassment committed against land and environmental rights defenders.

Indigenous Peoples’ and land rights
Nanjing Iron & Steel has an opportunity to show if it is committed to respecting Indigenous Peoples’ rights or Land rights of local communities.

The company has an opportunity to describe a comprehensive process for identifying its human rights risks and impacts across all its activities, especially through its business relationships. The company has an opportunity to describe a process for assessing the human rights risks it has identified and to disclose what it considers to be its salient human rights issues. A description of this process would include how relevant factors are considered, such as geographical, economic and social factors. No evidence in English was found that the company has a global system to act on its salient human rights issues. The company has an opportunity to disclose the stakeholders it engages with on human rights risks.

There is no evidence that the company has a publicly available policy statement committing it to respect the health and safety of workers. The company has an opportunity to disclose a time-bound target for paying all workers a living wage or that it has achieved paying all workers a living wage. The company has an opportunity to describe how it determines a living wage for the regions where it operates. The company has an opportunity to disclose the coverage of collective bargaining agreements. The company has an opportunity to describe how it works to support the practices of its suppliers in relation to freedom of association and collective bargaining.

The company has an opportunity to publish a global tax strategy and should assign responsibility for this strategy to an executive-level individual or body. The company has an opportunity to disclose a policy on bribery and corruption and its processes for identifying and addressing bribery and corruption. The company does not disclose its approach to lobbying and political engagement in a public policy document.