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
While Steel Dynamics discloses that 84% of its materials used is recycled ferrous scraps, it does not disclose its inputs, including its material footprint. The company does not report quantitatively on its group-wide circularity performance. The company does not disclose efforts to improve soil health.
Water
The company does not disclose relevant information related to water, in its operations or supply chains.
Solid and air pollution
The company does not disclose relevant information related to pollution in its operations or supply chains.
GHG emissions
While Steel Dynamics reports reductions in its scope 1 and 2 greenhouse gas emissions, this information does not cover all of its operations. The company has disclosed targets aligned with a well-below-2 pathway as per the Paris Agreement and is aligned with the SBTi. the company has set both short and long term interim targets leading to a well-below-2 pathway. The company does not report progress against its scope 1 and 2 emissions target. No evidence that the company’s scope 1 and 2 emissions target is aligned with a 1.5-degree trajectory was found. No evidence that the company reduces its scope 3 emissions was found. The company does not disclose a time-bound target to reduce its scope 3 emissions. The company does not report progress against its scope 3 emissions target. No evidence that the company’s scope 3 emissions target is aligned with a 1.5-degree trajectory was found.
Invasive species
The company has not identified any activities that could lead to the introduction of invasive alien species in its own operations.