BHP has joined Responsible Steel, the international non-profit organisation that brings together organisations from across the steel supply chain, including steel makers, commodity producers and civil society groups.
Responsible Steel works with these groups to increase sustainability through the steel making supply chain, according to BHP, with the organisation having created a new standard and certification program that member organisations sign up to. The standard seeks to enhance responsible sourcing, production, and use and recycling of steel, according to the miner. The standard and certification is the first global standard for sustainable steel.
Fiona Wild, Vice President, Sustainability and Climate Change, BHP, said: “At BHP we take a product stewardship view of how our commodities are used through the value chain. We are pleased to join Responsible Steel and continue to partner with our customers to help improve sustainability and emissions standards in the steel making value chain.”
Back in July 2019, BHP announced a five-year, $400 million Climate Investment Program to develop technologies to reduce emissions from its own operations as well as those generated from the use of its resources. The month before, it signed a memorandum of understanding with Mitsubishi Development Pty Ltd to work together in the pursuit of emissions reductions, including from the life-cycle use of marketed products.
Matthew Wenban-Smith, Executive Director, Responsible Steel, said the organisation was delighted that BHP had joined as its newest Business Member.
“Having one of the largest resource and mining companies in the world as a member sends a very strong signal and commitment to the steel sector to help achieve the responsible sourcing and production of steel.
“BHP’s membership will ensure that as we further develop our Responsible Steel standard to include three additional components: requirements for the responsible sourcing of raw materials, requirements related to the measurement and reporting of GHG emissions, and the claims certified sites can make about the steel products they produce. In BHP we will have additional input, expertise and experience from an organisation committed to helping the sector reach higher levels of sustainability.”
Other members of Responsible Steel include Anglo American, ArcelorMittal and the Mining Association of Canada.