Sustainability promise

For RHI Magnesita, sustainability means economic prosperity, social responsibility, and environmental stewardship.

Purpose

RHI Magnesita’s purpose is to master heat, enabling global industries to fuel  modern life. The company’s advanced products are essential for its customers in the steel, cement, metals, glass, energy and chemicals industries. Through the reliable supply of innovative refractory products and services, RHI Magnesita enables its customers to sustainably deliver the basic materials that are essential for modern life.

We aim to be our customers’ partner of choice on their own decarbonisation journeys!

Strategy

RHI Magnesita strives to be the sustainability leader in its sector. The company’s sustainability strategy is based on the 10 Principles of the UN Global Compact covering human rights, labour, environment, and anti-corruption.

Focus areas include:

Excellent Health & Safety performance
Climate Change mitigation minimizing environmental impacts
Upholding diversity in the workplace
Sustainable Procurement Practices
Strong relationships with all stakeholders
R&D and Innovation

Governance

RHI Magnesita has a dedicated Corporate Sustainability Committee that monitors performance related to climate change, environment, health and safety, stakeholder relations, and other ESG risks. Executive and functional leaders are accountable for delivering sustainability priorities, and the Global Sustainability Team is responsible for external reporting, assessing sustainability-related risks, and liaising with the Board and key internal and external stakeholders. They also provide regular updates to the Corporate Sustainability Committee. A collaborative approach ensures co-ordination with key functional areas such as Health & Safety, environment, sustainable technology and decarbonisation, recycling, finance, risk management and compliance, and procurement. This governance framework facilitates a comprehensive and integrated
approach to sustainability.

Materiality

At the core of RHI Magnesita’s Consolidated Sustainability Statement lies the principle of double materiality, addressing both the company’s environmental and social impacts (“inside-out”) and the influence of sustainability factors on its financial performance (“outside-in”). Guided by the European Sustainability Reporting Standards (ESRS), RHI Magnesita conducted a comprehensive materiality assessment across its value chain, identifying key risks, opportunities, and impacts through a robust, data-driven methodology. This process integrates quantitative and qualitative insights, stakeholder input, and strategic alignment to determine which sustainability matters are most significant—whether by impact, financial relevance, or both. The outcome informs our sustainability reporting, ensuring transparency and accountability while supporting long-term value creation.

 

Double Materiality RHI Magnesita

For impact materiality, 92 matters were assessed. Of these, 12 were classified above the materiality threshold. For financial materiality, 60 matters were assessed. Of these, eight were classified above the materiality threshold and one was added as a result of the stakeholder validation process. A regular review of the scope of the DMA is expected, to remain responsive to the evolving regulatory environment and/or the Group goes through significant changes in its industrial footprint (e.g. M&A).

Targets and Performance

RHI Magnesita’s 2025 sustainability targets were defined in 2019 based on engagement with internal and external stakeholders. The following areas of materiality were identified: CO2 emissions, Energy use, Recycling, Diversity, Health & Safety, NOx and SOx emissions. The results of this analysis will be the base for the existing targets, and for setting up new targets.

Contribution to Sustainable Development Goals

RHI Magnesita actively supports the UN Sustainable Development Goals (SDGs).

1
No Poverty
2
Zero Hunger
3
Good Health and Well being
Ensuring safe working environments in its operations
4
Quality Education
Sponsoring Education and Youth Development CSR projects
5
Gender Equality
Committed to supporting gender equity in our workplace on all levels
6
Clean Water and Sanitation
7
Affordable and Clean energy
Committed to continually improve the energy efficiency of its operations and the use of cleaner energy sources
8
Decent Work and Economic growth
Committed to continually improve the energy efficiency of its operations and the use of cleaner energy sources
9
Industry, Innovation and Infrastructure
Developing R&D projects, setting key partnerships to enhance Recycling and Decarbonisation (e.g. ReSOURCE and CCUS – MCi Carbon)
10
Reduced Inequality
11
Sustainable cities and communities
Investing directly and indirectly to Education & Youth Development, Health & Medical care and Environment
12
Responsible Consumption and Production
Committed to increase the usage of recycled materials and promote and develop the circular economy wherever possible
13
Climate action
Committed to minimize direct and indirect CO2 and other greenhouse gas emissions.
14
Life Below Water
15
Life on Land
Committed to minimize any other emissions, pollution, during operation or at our customers sites which could adversely affect humans, or the environment.
16
Peace, Justice and Strong Institutions
17
Partnerships for the Goals