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| Overall Assessment |
Comment |
Score |
| Limited |
SSAB provides a modest level of transparency on its climate-policy lobbying. It identifies several concrete policy files it engages on, including the “EU FitFor55 package”, the EU “climate law” that embeds a 55 % emission-reduction target for 2030, and efforts to improve “electricity grid access for renewables on national level in Sweden and Finland”, giving readers a reasonable – though not comprehensive – sense of the legislation it seeks to influence. The company explains that it acts “directly, and sometimes indirectly, through industry associations such as Eurofer, the American Iron and Steel Institute and Fossilfritt Sverige”, and is registered in the EU Transparency Register, but it rarely details the precise tools it uses (e.g., meetings, letters, consultation responses) or names the specific public bodies or officials it contacts, so the mechanisms and targets remain largely high-level. SSAB also sets out broad objectives for its advocacy – for example pressing for “global carbon pricing mechanisms”, “common emission standards”, public funding and streamlined permitting to enable fossil-free steel production by 2026 and fully fossil-free operations by 2045 – yet it stops short of specifying concrete legislative amendments, timelines or quantitative policy asks. Taken together, the disclosures show limited but growing visibility into what the company lobbies for, how it intervenes and the outcomes it seeks.
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1
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| Overall Assessment |
Comment |
Score |
| Strong |
SSAB discloses a defined governance process that covers both its own advocacy and its membership of industry bodies. The company states that "SSABs climate policy engagement is adopted by the CEO and is based on the corporate strategy, the Code of Conduct and SSABs support for the goals in the Paris Agreement," indicating top-level approval and alignment with climate goals. Oversight responsibilities are clearly assigned: "Head of Corporate Identity and Group Communications is responsible for ensuring that all SSAB representatives are aware of, and act according to, this guideline," while the guideline itself is "decided by the group executive management," which demonstrates an internal chain of accountability for direct lobbying. For indirect lobbying, SSAB has instituted an explicit monitoring mechanism: "We will yearly assess how industry associations, other organizations and/or platforms in which SSAB is a member, align with the Paris Agreement goals and our own objectives," and it reports that "Under 2023 gjordes en kartlggning Kartlggningen visade att samtliga medlemsorganisationer uppfyller SSABs frvntningar," with a similar mapping repeated in 2024. The policy also requires that "The SSAB engagement in advocacy and lobbying activities are to be conducted based on the principles of openness, neutrality and responsibility, and must be clearly identifiable as being made on behalf of SSAB," which sets explicit behavioural rules for direct engagements. These disclosures indicate strong governance: there is a standing guideline, an annual review of trade-association alignment, and named senior executives charged with oversight. However, the company does not disclose the detailed findings of its association reviews, any corrective actions taken when misalignment is identified, or independent assurance of the process.
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3
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