Sustainable Steel

 Sustainable Steel Sustainability, or sustainable development, is aimed at improving the quality of life for everyone, now and for generations to come. It encompasses environmental, economic and social dimensions, as well as the concept of stewardship, the responsible management of resource use. Steels are alloys based on iron. Depending on the desired properties – such as strength, ductility, and stiffness – a multitude of other elements can be present in small amounts. The variety of steels is not only defined by chemical composition, but also by a variety of micro structures on a nano and sub-nano scale. This leads to an impressive range of achievable properties and ensures that there is much scope to continue developing new, innovative, lightweight and high-strength steels. Steel’s combination of strength, recyclability, availability, versatility and affordability makes it a unique material. While the steel industry is energy and carbon intensive, significant progress has been made to reduce steelmaking impacts on the environment. Steel’s versatility and recyclability have also brought about countless innovative steel applications that, when seen from a product life cycle perspective, provide savings that neutralise and often far outweigh the initial material production impacts. Steel is everywhere in our lives and is at the heart of our sustainable future. It is at the core of a green economy, in which economic growth and environmental responsibility work hand in hand. The steel industry of present day promotes zero waste, reduces the amount of materials used, and encourages the reuse and recycling of materials, all fundamental advantages of using steel. This offers a markedly different approach and outcome to the “take, make, consume and dispose” economic model which the world has been used to. Present day steel industry believes that sustainable development must meet the needs of the present...

Creating Sustainable Future for Excellence...

Creating Sustainable Future for Excellence  An organization can achieve sustainable excellence if it embraces and respects the environment in the present and cares for the well being of the  generations to follow. The concept of creating sustainable future is broadly defined as meeting the needs of the present generation without compromising the ability of future generations to meet their needs. The ability to adapt to change is a crucial element for the survival and the key to success for an organization. The critical issue of the present time is the ability to sustain  in the face of rapid global change and resource competition. Everyone including employees and stakeholders are to play a part for creating a sustainable future. Management is to practice transformational stewardship and to find sustainable practices and strategies for the organization to create sustainable future. The principles adopted by the organization creating sustainable future are more holistic than the practices followed in the past. The management is to recognize that both the need for return on investment, the wise use of resources, and seeking the well being of their employees and stakeholders are equally important. The organization creating sustainable future is to utilize appropriate technologies and strategies for securing its future and to benefit its neighborhood. It is to shift towards the practices that respect people, profit and planet to remain not just competitive, but secure in the market. Organization creating sustainable future take managerial decisions which are based not only on financial concerns but also on environmental and social concerns. Such organization (i) creates long term financial value, (ii) knows how its actions affect the environment and actively work to reduce their impacts, (iii) cares about its employees, customers, communities, and other stakeholders and work towards making positive social changes,...