Impact and dependencies assessment
Shougang Group 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. Shougang Group 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 or which organisms it exploits. 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 or agrobiodiversity in its production or sourcing practices. The company does not 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. Shougang Group has a strong opportunity to disclose a time-bound target to reduce water withdrawal across its own operations and report how much water is withdrawn for its own operations in water-stressed areas.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. Shougang Group does not disclose its processes for managing and monitoring discharge water quality nor regularly report on water pollution. The company has an opportunity to disclose targets to reduce water pollution. Furthermore, 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 not reducing the production of hazardous waste. The company is not reducing plastic use and waste in its own operations. Shougang Group does not report on air quality parameters of emissions of harmful air pollutants nor does it report time-bound targets to reduce air pollutants across the most material parts of its value chain.
GHG emissions
The company does not disclose any greenhouse gas emissions, nor has it set a time-bound reduction target. The company must immediately set a reduction target aligned with the Paris Agreement’s 1.5-degree trajectory.
Invasive species
The company has not identified any activities that could lead to the introduction of invasive alien species in its own operations.
