BENTELER intensifies sustainability commitment

Salzburg, July 12, 2022. The BENTELER Group is increasing its focus on sustainability in production, products and the supply chain. As part of a more comprehensive sustainability strategy, the company has now defined its goals and is continuing or has initiated numerous measures.

The central objective is the decarbonization of the company: Production-related CO2 emissions (Scope 1 and 2) are to be halved by 2030 (base year 2019). Scope 3 emissions for purchased goods and services as well as fuel- and energy-related emissions are to be reduced by 30% in the first step (base year 2019). By 2050, BENTELER wants to achieve net zero emissions for Scope 1,2 and 3 (upstream). The BENTELER Steel/Tube division is striving to achieve CO2 neutrality by 2045. To achieve this, the focus is on increased energy efficiency and the use of green electricity and climate-neutral input materials.

Other measures include clean energy, circular economy and water. For example, BENTELER will continuously convert its production plants to green electricity and reduce its global energy consumption by two percent annually. Conserving resources will be given an even higher priority in production. Waste is to be reduced by six percent by 2025. At the same time, the proportion of waste recycled – currently around 80% in the Automotive division – will be increased further. Water withdrawal will be reduced by 10% by 2030 (base year 2019) especially at locations with high water stress. BENTELER's entire sustainability strategy is based on the United Nations' Sustainable Development Goals (SDGs).

Ralf Göttel, CEO of the BENTELER Group: "BENTELER is an energy-intensive company. This makes us even more aware of our social responsibility. We take a holistic approach to our sustainability activities. We set ourselves concrete, measurable goals that we will achieve – and gladly exceed – together as a team. In addition, with our products, we also contribute to making the mobility of tomorrow even more sustainable."

Fundamentally revised sustainability report published

The extensive Sustainability Report 2021, which the company published today, illustrates the progress BENTELER has already made in the past year. The publication shows innovations in product sustainability as well as various measures in the areas of supply chain, production and environment. For example, the Group's Spanish automotive plants were converted to green electricity last year. The Steel/Tube division was recently awarded a silver medal by EcoVadis, one of the world's largest providers of sustainability ratings, and is now among the top 25% of companies in the "Manufacture of basic iron and steel" industry category.

A highlight in the production area is the Steel/Tube division's "Green Tubes" strategy. The division also focuses on sustainable solutions in its product portfolio: With HYRESIST, seamless, hot-rolled line pipe, BENTELER enables the safe distribution of hydrogen. In addition, BENTELER offers an innovative solution for electric vehicles with its high-pressure heat exchanger. The product contributes to particularly effective cooling of the battery – and thereby reduces the charging time. In partnership with Maruyasu Industries, the company is pooling its expertise in exhaust gas recirculation coolers. In this way, BENTELER not only ensures more sustainable mobility, but also provides its customers with concrete support in meeting planned regulations such as the EU-7 standard.