Metrics and targets
S3-5 – Targets related to managing material negative impacts, advancing positive impacts, and managing material risks and opportunities
By implementing the HSR metric, we record the annual reduction in the proportion of suppliers still classified as high risk – even after any risk-mitigating measures – relative to the total population of potentially high-risk suppliers.
The HSR metric is a key management element for identifying and minimizing material potential human rights and environmental impacts in the upstream supply chain, thus contributing to limiting negative impacts on affected communities in the upstream supply chain. Further information on the HSR metric can be found in subsection “S2-5” in the section headed “ESRS S2 Workers in the value chain.”
thyssenkrupp requires its suppliers to comply with minimum standards in the areas of human rights and environmental due diligence obligations. With these standards and the implementation of corresponding risk mitigation actions, we aim to contribute to supporting sustainable development in affected regions. There is currently no targeted management of potential positive impacts through measures such as investments or development projects.