Swiss Steel Group achieves top score of ‘A’ in CDP Climate Change Rating
Emmenbrücke – Swiss Steel Group has been awarded the top grade “A” in this year’s sustainability ratings by the international non-profit organization CDP in the area of climate change.
This makes the company one of only four steel manufacturers assessed worldwide to achieve this highest rating in 2024 – and at the same time one of the best companies among almost 25,000 participants assessed worldwide.
Validated climate targets as a success factor
A key factor in the outstanding rating was the validation of the science-based climate targets by the Science Based Targets Initiative (SBTi). The SBTi is an international partnership that supports companies in setting and validating emissions targets in line with the 1.5 degree target of the Paris Climate Agreement.
In 2024, Swiss Steel Group was the first steel manufacturer in the world to have its sectoral decarbonization targets validated by the SBTi. In the first quarter of 2025, these targets were updated and revalidated by the SBTi. The ambitious, validated targets made a significant contribution to improving the CDP rating.
Swiss Steel Group has been participating in CDP reporting for several years and has continuously improved – from C in 2022 to B in 2023 and now to level A in 2024. This rating does not measure the absolute level of emissions, but the strategic quality in dealing with climate protection issues.
CDP as an international benchmark for climate transparency and management
CDP (Carbon Disclosure Project) is an independent organization that promotes environmental transparency and rates companies, cities, states and regions in the areas of climate, water and forests. The rating system focuses in particular on the quality of climate management – i.e. how companies reduce emissions, manage climate risks and report on their measures. The ratings awarded range from “D-” (inadequate disclosure) to “A” (leading).
Classification in existing sustainability ratings
The very good rating from CDP is linked to other external sustainability assessments. In 2025, for example, the company received the gold medal from EcoVadis, an internationally recognized platform for assessing corporate sustainability. The Swiss Steel Group was also awarded the German Sustainability Award in the “Metal Industry” category in 2024. All awards are based on externally validated data and indicators and confirm the transformation path taken towards sustainable corporate management.
Relevance for stakeholders
The CDP rating is also becoming increasingly important in the business environment. Business partners, particularly from sectors such as the automotive and mechanical engineering industries, are increasingly integrating CDP- data into their supplier assessments. Lenders and investors are also using the CDP database to incorporate climate and ESG risks into financing decisions.
Preparation for regulatory developments
Voluntary participation in the CDP Climate Change program also serves the Swiss Steel Group as a structural preparation for current and upcoming regulatory requirements in the area of sustainability reporting, particularly in the context of the EU Corporate Sustainability Reporting Directive (CSRD). Standardized disclosure makes it possible to present report content in a comparable, verifiable and consistent manner.
Über Swiss Steel Group
Swiss Steel Group mit Hauptsitz in Emmenbrücke (Schweiz) ist einer der weltweit führenden Hersteller von Speziallangstahlprodukten. Dank der ausschliesslichen Verwendung von Stahlschrott in Elektrolichtbogenöfen ist die Gruppe eines der relevantesten Unternehmen in Europa im Bereich der Kreislaufwirtschaft und gehört zu den Marktführern im Bereich nachhaltig produzierter Stahl – Green Steel. Swiss Steel Group verfügt über eigene Produktions- und Vertriebsunternehmen in über 25 Ländern und bietet durch ihre starke lokale Präsenz eine breite Palette individueller Lösungen in den Bereichen Baustahl, Edelstahl und Werkzeugstahl an. Die Swiss Steel Group ist an der SIX Swiss Exchange kotiert und erzielte im Jahr 2024 einen Umsatz von rund 2,5 Milliarden EUR mit etwa 7’500 Mitarbeitenden.
The post Swiss Steel Group achieves top score of ‘A’ in CDP Climate Change Rating first appeared on Informed Infrastructure.
Emmenbrücke – Swiss Steel Group has been awarded the top grade “A” in this year’s sustainability ratings by the international non-profit organization CDP in the area of climate change. This makes the company one of only four steel manufacturers assessed worldwide to achieve this highest rating in 2024 – and at the same time one…