BlueScope's commitment to sustainability is a fundamental theme in Our Purpose:
We create and inspire smart solutions in steel, to strengthen our communities for the future.
The wording of Our Purpose reflects our capacity and intent to deliver on our sustainability commitments. Beyond words, Our Purpose speaks to who we are and what we value as a global team – ‘creating strength’ with confidence, optimism and working together; transforming BlueScope for the realities of a competitive and fast-changing economy, inspiring our customers with sustainable choices and supporting the global shift to a low carbon economy.
In working to one BlueScope Purpose, every day, we aspire to achieve sustainability outcomes in 5 important areas.
In doing so, we aim to ensure our Company's governing processes and documents reflect BlueScope's relentless commitment to the highest standards of governance and business conduct.
To BlueScope, sustainability means developing, manufacturing and selling steel products and solutions in a manner that provides for a sustainable future. This requires a focus on continuous improvement, adopting new operating methods and anticipating new products to support the future needs of a sustainable society.
BlueScope is committed to continuous improvement. The long term growth of our company is underscored by the sustainability of steel and the critical role it will play in supporting a sustainable society. We take a life cycle approach, looking at the impact of a product over its entire life and focus on the four principles of a circular economy: reduce, reuse, remanufacture and recycle.
Our steel products and services are continuously evolving and improving to ensure we contribute all we can to the opportunities and challenges created by society’s move towards a lower carbon economy. We know that to deliver true long-lasting value and meet the expectations of all our stakeholders, our business must continue transforming on all fronts.
We are always determined to do what’s right. We act in the best interests of our business, people and stakeholders, behave ethically and honour our environmental and economic responsibilities. Our determination to do what's right bolsters our resilience no matter what the challenge.
Our approach to sustainability is aligned to the principles of the United Nations (UN) Global Compact and informed by the UN Sustainable Development Goals (SDGs). Our sustainability reporting is prepared in accordance with the Global Reporting Initiative (GRI) at a Core level, and is aligned to the Sustainability Accounting Standards Board (SASB) Standard.