Metalshub joins ResponsibleSteel
Düsseldorf, December, 2022 - Metalshub is proud to announce its membership as an associate member of ResponsibleSteel. ResponsibleSteel is the industry’s first global multi-stakeholder standardization and certification initiative advancing sustainability and decarbonization in the steel industry. The forum establishes a global network of sustainability frontrunners willing to come together and drive that development.
Joining ResponsibleSteel is a key step for Metalshub’s sustainability ambition. Metalshub aims to contribute to a more sustainable steel industry by digitally connecting all involved stakeholders along the steel value chain, encouraging them to take a step further on sustainability and enabling them to measure, manage and reduce their CO2 emissions.
The sustainability expert at Metalshub, Maximilian Hettler, emphasizes: “We at Metalshub have the overarching goal to enable suppliers and steelmakers to effectively collaborate with each other to drive forward the decarbonisation of the steel supply chain. Joining ResponsibleSteel will be a great opportunity for us to support the industry on its sustainability agenda and leverage our digital supply chain solution to do so in an effective, data-driven manner.”
Annie Heaton, CEO of ResponsibleSteel happily welcomed Metalshub as a new associate member: “We are pleased to welcome Metalshub to ResponsibleSteel as an associate member. Metalshub, as one of the leading supply chain software solutions in the metals industry, will significantly contribute to helping us achieve our mission and goals.”
“Operating in the world's largest materials sector, which is responsible for more than 7% of the world's greenhouse gas emissions, ResponsibleSteel represents members from every part of the supply chain for steel. We are collaborating with companies from multinational mining organizations, international steel manufacturers, processors, and end users, as well as civil society, to identify solutions for manufacturing steel responsibly. Having Metalshub on board will enable us to advance our goal of Scope 3 emissions transparency, and support the manufacture of low-carbon steel globally.” - Annie Heaton further added.
Over the past few years, Metalshub has made substantial investments and efforts to further develop its supply chain software to support its users to move further in sustainability. Specifically, the scope 3 CO2 emission information of raw materials is directly integrated into the procurement transaction processes. Thereby, steelmakers have full transparency on their CO2 emissions from procurement and suppliers can leverage their sustainability efforts at the point of sale. Ultimately, this will enable steelmakers to not only measure but also reduce their supply chain emissions by including sustainability in their daily procurement decision-making. As a member of ResponsibleSteel, we have set ambitious targets for supporting our customers to achieve their sustainability goals and encourage them to become ResponsibleSteel certified producers by complying with the ResponsibleSteel International Standard.*
*Currently, Metalshub helps meet the requirements under Principle 3 and Principle 10 out of 13 Principles in the ResponsibleSteel Standard.
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About Responsible Steel
ResponsibleSteel is an international, non-profit multi-stakeholder membership organisation. Businesses from every part of the steel supply chain, civil society groups, associations, and other organisations with interest in a sustainable steel industry from anywhere in the world are welcome to join. To view the ResponsibleSteel membership list visit: https://www.responsiblesteel.org/about/members-and-associates/.
ResponsibleSteel’s vision is to maximize steel’s contribution to a sustainable society. Its mission is to enhance the responsible sourcing, production, use, and recycling of steel by:
Providing a multi-stakeholder forum to build trust and achieve consensus;
Developing standards, certification, and related tools;
Driving positive change through the recognition and use of responsible steel.
The ResponsibleSteel International Standard is designed to support the responsible production of steel, as a tool for the achievement of ResponsibleSteel’s vision.
Find issued certificates and their public audit summaries here.
For more information about ResponsibleSteel please visit https://www.responsiblesteel.org/.
Metalshub is one of the pioneers of digital transformation in the metals industry. The software start-up was founded in 2016 in Düsseldorf by Dr. Sebastian Kreft and Dr. Frank Jackel with the mission to connect companies in the industry with a digital supply chain solution. Digital supply chains can help reduce costs and CO2 emissions. More than 1,300 companies are already using Metalshub, including more than 300 steel mills and foundries that have digitised their purchasing processes with Metalshub. Since the launch of the platform in 2017, more than 1 billion USD in trading volume was concluded through Metalshub.
For more information, visit www.metals-hub.com.