As a leading steel manufacturer, Ovako takes responsibility for conducting its business in a sustainable manner from all aspects, encompassing everything from quality and customer relations to employees, safety and the environment. It also means acting responsibly in the communities where we operate. Sustainability is an important component of Ovako’s long-term strategy, and these issues are set out in the company’s policies on the environment, health, energy and industrial safety, as well as in the company’s code of conduct and core values.
Scrap-based steel production
Steel is an important construction material, found throughout society, and can be reused any number of times. All of Ovako’s steel production is based on scrap that is then processed into high-quality steel products, making Ovako one of the largest Nordic recyclers of steel scrap. Scrap-based manufacturing generates lower carbon dioxide emissions than steel production using iron ore. Through effective scrap management, we also preserve the alloying substances contained in the scrap, thus reducing the need to add additional alloy, which leads to both economic and environmental gains. Ovako recycles around 800,000 metric tons of scrap each year.
Ovako’s units are certified in safety, health, the environment and energy. Ovako’s units are certified in accordance with the ISO 14001 international Environment Management System.
Markets for residual products
In addition to its main product, steel, Ovako’s manufacturing generates a large variety of residual products. These products are largely reused or recycled, and we even recycle any scrap generated during our manufacturing. Ovako is involved in a number of research projects aimed at increasing and improving the use of residuals.
Ovako collaborates on sustainability
Ovako works actively with its customers, suppliers and other stakeholders to reduce the overall environmental impact of its products, throughout their lifecycle. It also partners with trade organizations like Jernkontoret to achieve the industry’s shared vision of a sustainable steel industry in the long term.
Worldsteel’s Sustainable Development Charter
Ovako is a signatory to Worldsteel’s Sustainable Development Charter, which means we support the sustainable development policy established by the Worldsteel Association in 2009, and most recently updated in 2015, to meet the UN’s 17 sustainable development goals. Read more about this commitment here.
Ovako is committed to responsible mining. We are aligned with the Responsible Business Alliance (RBA) and the Global e-Sustainability Initiative (GeSI). Read more about this commitment here (in English).
Use of chemical substances at Ovako
Ovako’s main objective as to the use of chemical substances is that the use of chemicals in the production and operation at Ovako shall at all times be in compliance with applicable European and national chemical legislation.
Statement on Ovakos use of chemical substances in its products, can be found here.
Health and safety
Ovako strives to create attractive workplaces for its employees and to contribute to a society that is sustainable in the long term. Our policy on industrial safety, health and the environment (SHE) encourages all our employees to consider safety, health and the environment in their daily work.
Read more about Ovako health and safety work
By making investments that minimize its environmental impact, Ovako ensures that it meets the strict requirements placed on it by legislation and by its customers. Examples include closed water pipeline systems, water purification, efficient energy use, flue gas purification and heat recovery to reduce greenhouse gas emissions.
Read more about Ovako environment work