Stena Metall

ANNUAL REVIEW & SUSTAINABILITY REPORT 2021/2022

CONTRIBUTING TO A MORE
CIRCULAR ECONOMY

The Stena Metall Group contributes actively to the development of the circular economy. We work in close collaboration with our customers and partners to achieve more efficient and smarter use of resources. Besides offering recycling and reuse services, we supply raw materials, steel products, marine fuels and aluminium alloys to customers all over the world. Our products and services create value that benefits everyone - customers, their customers, the environment, and society at large.

The Stena Metall Group operates in 200 locations and is present in nine countries: Sweden, Norway, Denmark, Finland, Poland, Germany, Italy, Switzerland, and the USA.

CARING FOR RESOURCES

It is all about resources. Since the start in 1939, the Stena Metall Group's operations have evolved and expanded - from scrap metal trading in Gothenburg, Sweden, to a comprehensive offering including services in design and resource management, recycling and reuse, production of aluminium alloys, and trading in raw materials.

Based on smart, customized solutions, a strong focus on innovation, collaborations and partnerships, value is created not only for partners and customers but also for society at large.

Read more in the complete Annual Review and Sustainability Report

The year in brief

43,509 SEK M

Net sales  (28,191)

3,644 SEK M

EBITDA (3,062)

2,597 SEK M

Operating profit (2,129)

10,084 SEK M

Shareholders‘ equity (8,349)

45.1 %

Equity/assets ratio (44.3)

3,842 People

Average number of employees (3,562)

CEO’S COMMENTS

INCREASED UNCERTAINTY IN THE GLOBAL ECONOMY

Strong industrial demand combined with disruptions in global supply chains, and Russia's tragic invasion of Ukraine created a price increase in raw materials and energy. This, in turn, created a basis that contributed to a sharp increase in inflation and consequently higher interest rates leading to market uncertainty.

Kristofer Sundsgård, President & CEO

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STRATEGIC SUSTAINABILITY WORK

The transition towards a circular economy is an important part of reducing global climate impact. By offering services and solutions that enable increased recycling and reuse of resources, the Stena Metall Group contributes to sustainable development. In addition, extensive internal work is carried out to reduce negative impacts and increase positive impacts in the Group's significant sustainability areas. This work occurs both at Group level and in each subsidiary, and together with other actors and partners in the value chain.

FOUR SUSTAINABILITY AREAS

To structure its sustainability work and clarify its focus, the Stena Metall Group works on the basis of four broad sustainability areas.

  • VALUE CREATION

  • RESOURCE EFFICIENCY

  • PEOPLE & CULTURE

  • RESPONSIBLE RELATIONSHIPS

  • Value Creation

    CREATING VALUE BY CARING FOR RESOURCES

    The value created in the Stena Metall Group is based on strong offerings and a focus on innovation. Through close collaboration both within the Group and with customers, as well as through continuous investment in new technology, sustainable value is created for owners, customers and partners, as well as for society as a whole.

    Read more in the complete report

  • Resource Efficiency

    TOWARDS CIRCULARITY AND REDUCED CLIMATE IMPACT

    By enabling the circular use of materials through its recycling operations, the Stena Metall Group contributes to reducing climate impact. The Group also carries out structured, long-term improvement work with a focus on continuously optimizing its own consumption of resources and thereby minimizing the climate impact of all its business areas.

    Read more in the complete report

  • PEOPLE & CULTURE

    A VALUE-BASED CULTURE WITH STRONG BUSINESS ACUMEN

    The people who carry out the everyday work are at the core of any organization. In today's fast-moving world, it is more important than ever to attract employees with the skills and engagement to navigate ever-changing environments. At the Stena Metall Group, the corporate culture encourages strong business acumen and personal drive, which empowers the Group's people to create value every day, throughout the whole organization.

    Read more in the complete report

  • RESPONSIBLE RELATIONSHIPS

    DIALOGUE AND COOPERATION

    Stena Metall's ambition is to be an open, accessible and responsible actor with a high level of expertise in resource management and circular flows. With a local presence and in open dialogue with the outside world, its activities will contribute to positive development for both customers and society at large.

    Read more in the complete report

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