SOCIAL
A sustainable business for the company... and for the communities in which the Group operates.
A sustainable business must unite the results of its activities, environmental care and development of the communities in which it is present. That is to say, Economic, Social and Environmental Sustainability.
Convinced of this, we work to boost the efficiency of every process in order to increase sales, margins and stainless steel applications (through research and development) and remain the most competitive global company in the sector. We make Acerinox an economically profitable and sustainable company to generate and distribute value among its stakeholders.
Maintaining stable jobs that are paid more than the average is, undoubtedly, the greatest action of wealth distribution and is the greatest contribution for the sustainability of social stability in the areas in which we operate. Furthermore, we collaborate with an extensive network of associations and NGOs whose social objectives involve meeting the various needs of the various social groups in the areas in which we operate.
The Group’s General CSR Policy provides a starting point in this connection, with the aim of fostering a culture of global social responsibility that contributes to improving people's well-being, promoting the economic and social development of the communities in which Acerinox is present, and creating sustainable value for its shareholders, customers, suppliers and workers and their families; ultimately, for its Stakeholders. In fact, the territories and communities are identified as one of the main stakeholder groups of Acerinox, and a number of working principles have been established in this connection to contribute to the Welfare State.

COLLABORATION AND LOCAL DEVELOPMENT
In 2019 Acerinox earmarked more than EUR 750 thousand to collaborate with various non-profit institutions and other organisations through, inter alia, educational collaboration initiatives and actions for the promotion of stainless steel.
The impact of the Group’s activities on employment and local development in the areas in which it operates is very significant, and is key to generating local, stable and quality employment.