Environmental information
E1 Climate change
BE Group’s climate impact arises primarily in the upstream value chain through steel and aluminium production, which is energy‑intensive. In the company’s own operations, emissions are limited and mainly originate from energy use at production facilities and from transportation. The transition to a low‑carbon economy creates both risks and opportunities for the company’s business model as a distributor.
| Material impacts, risks and opportunities | Position in the value chain | Potential/actual impacts | Time horizon | |
| Negative impact Resource extraction and production processes are energy‑intensive and emission‑generating | Upstream Own operations | Actual | Short-, medium-, long-term | |
| Possibility Higher prices resulting from increased carbon pricing | Upstream Own operations | N/A | Short-, medium-, long-term | |
| Risk Production and logistics disruptions in the value chain related to events caused or exacerbated by climate change | Upstream Downstream | N/A | Short-, medium-, long-term | |
SBM-3
Material impacts, risks and opportunities and their relation to strategy and business model
BE Group has considered the nature, scale and geographical location of its operations when assessing its impacts on climate change. The company has not carried out in‑depth analyses in accordance with ESRS E1, IRO‑1, ESRS 2 or SBM‑3.
Negative impacts – value chain
BE Group’s business model relies on the extraction of virgin raw materials. The extraction and processing of iron ore, bauxite and alloys generate significant greenhouse gas emissions. This constitutes an actual negative impact, to which the company is considered to contribute through its purchasing decisions (Scope 3 upstream).
The production processes for the products sold by the company are energy‑intensive. Without detailed insight into the energy mix used by suppliers, it is assumed that a substantial share is of fossil origin, even considering that the company primarily sources from European producers. This constitutes a presumed negative impact linked to the company’s value chain.
Physical risks
BE Group has identified the risk of logistical and production‑related disruptions caused by extreme weather events, caused by or exacerbated by climate change, as material. This risk is considered relevant in the short, medium and long term. Disruptions may affect both inbound deliveries from producers and outbound distribution to customers. No resilience analysis has been carried out in relation to the identified material physical risks.
Transition‑related opportunities
Driven by internalised carbon prices under the EU Emissions Trading System (ETS) and the Carbon Border Adjustment Mechanism (CBAM), green steel is expected to become increasingly competitive, with improved pricing potential. Provided that the company is able to adjust its inventory at the right time, BE Group is expected to benefit from this development. The company’s position as a distributor with a broad supplier base enables flexibility in product mix adjustments as the market evolves.
E1-1
Transition plan for climate change mitigation
BE Group has not established a comprehensive transition plan to achieve climate neutrality.
Own operations
A number of measures with the potential to reduce emissions from the company’s own operations have been identified, including a transition from fossil propane to biogas at production sites. These measures have not yet been formalised into a time‑bound plan with corresponding investment decisions.
Value chain
The majority of the company’s climate impact is located in the upstream value chain (Scope 3). BE Group’s ability to influence this transition is limited to supplier selection and purchasing decisions. The company monitors the development of green steel and assesses that regulatory drivers (ETS, CBAM) will gradually shift the market’s product mix.
Next steps
Work to develop a formalised plan to achieve net‑zero emissions is scheduled to begin in 2026.
E1-2
Policies for climate change mitigation and adaptation
Own Operations
BE Group’s environmental policy sets out commitments relevant to its climate‑related work, including at a minimum complying with applicable environmental legislation, using energy and natural resources efficiently by reducing, reusing and recycling, striving for continuous improvement and prevention of negative environmental impacts, and working to reduce emissions from operations. The company aims to implement management systems in accordance with ISO 14001 across all units, and in 2025 all of the company’s units were certified according to ISO 14001.
The company has adopted a long‑term commitment to climate neutrality, with targets to achieve net‑zero emissions for Scope 1 and Scope 2 at the latest by 2040 and for Scope 3 at the latest by 2045.
Value Chain
BE Group’s Code of Conduct for suppliers sets requirements related to environmental considerations and energy efficiency. Suppliers are expected to work toward reduced emissions, conserve energy, set energy‑efficiency targets and monitor their energy consumption. The Code of Conduct states that energy efficiency will increasingly become a selection criterion alongside quality, price and delivery time. ISO 14001 certification is viewed favorably in supplier evaluations.
| Policy | Description | Management | Owner |
| Environmental Policy | BE Group’s environmental policy sets out the company’s commitments regarding environmental considerations, including at least complying with applicable environmental legislation, using energy and natural resources efficiently, striving for continuous improvement and the prevention of negative environmental impacts, working to reduce waste and emissions, and maintaining preparedness to manage environmental incidents. | The policy covers all operations within the Group. The President and CEO has the ultimate responsibility for the policy. It is communicated to employees through the intranet and onboarding training. The policy has been developed internally based on the requirements of ISO 14001. As documentation is not available, the company assumes that no stakeholder dialogue was carried out during the original development of the policy. The policy is only available via the company intranet and is therefore not accessible to external stakeholders. | President and CEO |
| Code of Conduct for suppliers | BE Group’s Code of Conduct for suppliers specifies minimum requirements for suppliers in areas such as legal compliance, labour rights and human rights, occupational health and safety, the environment, and business ethics. The policy references the ILO Core Conventions, the UN Global Compact, the OECD Guidelines for Multinational Enterprises, and the UN Universal Declaration of Human Rights. | The policy applies to all suppliers to the Group. Suppliers are encouraged to apply equivalent requirements within their own supply chains. Ultimate responsibility for the policy lies with President ad CEO. The policy is communicated to suppliers during contractual processes. BE Group seeks to ensure that all suppliers sign the Code of Conduct for suppliers. In cases where suppliers do not sign BE Group’s Code, this may be accepted provided that the supplier can present its own code of conduct with equivalent or higher standards. The policy was developed internally with consideration of international frameworks. As documentation from the development process is not available, the company assumes that no stakeholder dialogue was conducted during the policy’s initial formulation. | President and CEO |
E1-3
Actions and resources in relation to climate change mitigation policies
BE Group has implemented a number of actions during the reporting period related to energy efficiency and emission reduction. The company assesses that these actions have not yet resulted in material changes to the Group’s overall emissions profile.
Energy efficiency in buildings
In the Finnish operations, ventilation automation at the Lahti facility has been upgraded to enable demand‑controlled ventilation. At the Turku office, lighting has been converted to LED, with an estimated annual savings potential of 40,000–70,000 kWh. Investments in LED lighting have also been made in the Swedish operations during the period. Electricity meters enabling real‑time monitoring of electricity consumption have been installed at the main Swedish site to support improved energy management.
Logistics and transport
The Swedish operations have implemented route optimisation measures aimed at improving fill rates and reducing emissions per delivered unit. Cutting operations have been centralised to Norrköping following the phase‑out of external capacity, which has shortened logistics flows. The company is unable to quantify the total emission impact of these measures.
Vehicle fleet
The Group has continued the ongoing transition of its company car fleet toward electrification. During the reporting period, 91 percent of newly leased vehicles were electric.
Process‑related measures
In the Finnish operations, the gradual replacement of diesel‑powered forklifts with electric models continues, reducing both direct emissions and ventilation requirements in production facilities. In the Swedish operations, compressed air leakages in production have been rectified to reduce unnecessary energy use. The impact has not been quantified.
Resources allocated for future periods
BE Group has not identified any activities that require significant Capex or Opex.
E1-4
Targets for climate change mitigation and adaptation
BE Group has identified long term climate targets aligned with its ambition to achieve climate neutrality:
| Target | Scope | Target year | Base year |
| Net-zero emissions | Scope 1 and 2 | 2040 | 2025 |
| Net-zero emissions | Scope 3 | 2045 | 2025 |
Interim targets and a detailed reduction trajectory to reach these goals have not yet been established. Work to develop a formalised transition plan, including interim targets, is planned to begin in 2026.
E1-5
Energy consumption and energy mix
BE Group’s operations fall under NACE codes G46.72 (wholesale of metals), C25.62 (mechanical metalworking) and H52.10 (storage), all of which are classified as sectors with high climate impact in accordance with ESRS E1‑5.38. The reporting covers the Group’s operations in Sweden and Finland under operational control. Energy consumption is reported per energy carrier based on purchased volumes and invoicing data, supplemented where necessary with internal estimates, and is presented by fossil energy source as well as energy intensity relative to net sales (ESRS E1‑5.39–40). Conversion to MWh is performed using published conversion factors per fuel type.
The Group’s energy mix includes the following energy carriers:
- Fossil fuels: propane (used in plasma cutting, pre‑heating furnaces and the painting line), diesel (forklifts and internal transport vehicles) and natural gas (one Finnish facility)
- Renewable fuels: HVO biodiesel (forklifts), classified as renewable
- Purchased electricity: Origin‑labelled in both countries of operation, in Sweden nuclear power, in Finland a combination of nuclear and hydropower
- District heating: supplied by local district‑heating providers at all sites. Energy mix varies between providers. The Swedish district heating has a high share of renewable energy while Finnish district heating has a somewhat lower renewable share.
| Energy consumption and mix (MWh) | 2025 (base year) | |
| Energiförbrukning och mix (MWh) | 2025 (basår) | |
| Fuel consumption from coal and coal products | Bränsleförbrukning från kol och kolprodukter | 0 |
| Fuel consumption from crude oil and petrolium products | Bränsleförbrukning från råolja och petroleumprodukter | 3,550 |
| Fuel consumption from natural gas | Bränsleförbrukning naturgas | 964 |
| Consumption of purchased or acquired electricity, heat, steam, and cooling from fossil sources | Förbrukning av inköpt eller förvärvad el, värme, ånga och kyla från fossila källor | 1,334 |
| Total fossil energy consumption | Total förbrukning av fossil energi | 5,848 |
| Share of fossil sources in total energy consumption (%) | Andel fossila källor i den totala energiförbrukningen (%) | 28% |
| Consumption from nuclear sources | Elförbrukning från kärnkraft | 9,164 |
| Share of consumption from nuclear sources in total energy consumption (%) | Andel av förbrukningen från kärnkraftskällor i den totala energiförbrukningen (%) | 43.9% |
| Fuel consumption from renewable sources | Bränsleförbrukning från förnybara källor | 354 |
| Consumption of purchased or acquired electricity, heat, steam, and cooling from renewable sources | Förbrukning av inköpt eller förvärvad el, värme, ånga och kyla från förnybara källor | 5,463 |
| Consumption of self-generated non-fuel renewable energy | Förbrukning av egenproducerad icke-bränsledriven förnybar energi | 0 |
| Total renewable energy consumption | Total förbrukning av förnybar energi | 5,817 |
| Share of renewable sources in total energy consumption (%) | Andel förnybara energikällor i den totala energiförbrukningen (%) | 27.9% |
| Total energy consumption | Total energiförbrukning | 20,829 |
| Energy intensity per net sales | Energiintensitet per nettoomsättning | |
| Energy use, MWh/SEK M | Energiförbrukning, MWh/MSEK | 5.29 |
E1-6
Gross Greenhouse Gas emissions in Scope 1, Scope 2, Scope 3 and total GHG emissions
Greenhouse gas emissions are reported in accordance with the principles of the GHG Protocol and include Scope 1 and Scope 2 emissions. In accordance with the transitional provisions in ESRS 1 Appendix C (Regulation (EU) 2023/2772), the company, having fewer than 750 employees, has elected to omit Scope 3 emissions and total greenhouse gas emissions for the first reporting year. The company does not report biogenic emissions due to lack of available data.
Scope 1 – Direct emissions
Scope 1 includes combustion of propane, diesel, HVO and natural gas in facilities under operational control. Emission factors are sourced from established references, primarily DEFRA GHG Conversion Factors 2025 and the Swedish Energy Agency’s fuel statistics. For diesel in Sweden, a reduction obligation adjusted factor is applied. All factors are expressed in kg CO₂e per unit and include CO₂, CH₄ and N₂O, based on GWP values from IPCC AR5.
Scope 2 – Indirect emissions from purchased energy
Scope 2 emissions are reported using both the location based and market based methods.
- Location based method: for electricity, AIB Residual Mix is used for each country. For district heating, supplier specific emission factors are used where available; otherwise, national industry statistics are applied.
- Market based method: for electricity, emission factors based on Guarantees of Origin are used. For district heating, the same factors as in the location based method are used, as supplier specific factors already reflect the local production mix.
Material uncertainties
Emission factors for district heating in Finland have been sourced from suppliers’ own calculations. In some cases, energy consumption is partially based on estimates rather than meter data, creating some uncertainty in the underlying volumes.
| 2025 (base year) | ||
| Scope 1-Greenhouse Gas Emissions | Gross Scope 1 emissions (tCO2e) | 1,066 |
| Share of Scope 1 emissions covered by regulated emission trading schemes (%) | 0 | |
| Scope 2-Greenhouse Gas Emissions | Location based Scope 2 emissions (tCO2e) | 3,198 |
| Market based Scope 2 emissions (tCO2eq) | 462 | |
| Gross Scope 1 + 2 emissions (market based) (tCO2eq) | 1,528 |
| GHG Intensity per net sales 1) | |
| Total location based GHG emissions per net sales (tCO2eq/SEK M) | 1.08 |
| Total market based GHG emissions per net sales (tCO2eq/SEK M) | 0.38 |
1) Net sales refer to BE Group’s total revenue, including the Group’s share of results from its joint venture. However, the joint venture is not included in the data used for the sustainability statement.
E1-9
Expected financial effects from material physical risks, transition risks and potential climate related opportunities
In accordance with the transitional provisions in ESRS 2, the quantification of expected financial effects is not required for the first reporting period and has therefore been omitted.
E2 Pollution
BE Group’s own operations include processes such as blasting, painting and cutting, which constitute potential sources of pollution if not managed properly. Within the value chain, steel and aluminium production is associated with emissions to air and soil. The company’s historical operations at former facilities may have caused soil contamination that requires remediation.
| Material impacts, risks and opportunities | Position in the value chain | Potential/actual impacts | Time horizon | |
| Negative impact Pollution of air, water and soil | Upstream Own operations | Potential | Short-, medium-, long-term | |
SBM-3
Material impacts, risks and opportunities and their relation to strategy and business model
BE Group has considered the nature and scale of its operations, product mix and geographical footprint when assessing material impacts, risks and opportunities related to pollution.
Own operations
BE Group’s production services include processes such as blasting and painting of long products, as well as gas and plasma cutting of flat products. These processes constitute potential sources of air, water and soil pollution if not managed properly. In addition, the combustion of propane at production sites and the operation of combustion engines may negatively affect air quality.
Potential impacts on water may arise in the event of an accident where substances such as paint, hydraulic oils or cutting fluids could reach water systems. The company actively mitigates this potential impact through established processes and protective measures.
As the company has operated at the same locations for a long time, historical contamination may be present. During the year, environmental investigations at a former site in Malmö, where operations took place between 1974 and 2021, identified elevated concentrations of petroleum hydrocarbons in soil and PAHs and metals in groundwater. The contamination originates from historical activities. A notification regarding remediation measures has been submitted to the supervisory authority, and remediation is planned for 2026.
Value chain
BE Group’s sourcing strategy is focused on European producers. Actual negative impacts on air, water and soil are located in the upstream value chain, to which the company is considered to contribute through its purchasing decisions.
Steel production in the EU is largely based on integrated blast furnace routes, which lead to emissions of sulphur dioxide, nitrogen oxides and particulate matter. Greenhouse gas emissions from steel and aluminium production fall under the EU Emissions Trading System (ETS). Production using electric arc furnaces based on scrap has a lower emissions profile and occurs in parallel.
Aluminium production results in emissions of fluoride compounds to air during the electrolysis process. Bauxite refining generates red mud, a toxic waste material requiring safe management to prevent soil and water contamination. Primary aluminium production within the EU is limited, meaning that these risks are partly located outside Europe.
BE Group is linked to these pollution sources through its value chain but has limited direct control over production processes. Impacts are addressed indirectly through procurement strategy and requirements in the Code of Conduct for suppliers.
E2-1
Policies related to pollution
BE Group does not have a separate pollution policy. Pollution management is covered by the company’s environmental policy and its Code of Conduct for suppliers. For more information on these policies, see E1‑2.
Own operations
BE Group’s environmental policy sets out commitments relevant to the management of pollution, including at least complying with applicable environmental legislation, working to reduce emissions from operations, and maintaining preparedness to manage environmental incidents and accidental releases. Responsible chemical handling is part of daily operations. Continuous monitoring, reporting and evaluation are carried out in line with local regulatory requirements and the company’s ISO 14001 certification. In 2025, all of the company’s sites were certified under ISO 14001.
Value chain
BE Group’s Code of Conduct for suppliers sets requirements regarding environmental considerations related to air emissions, wastewater and stormwater management, waste management, and the handling of substances of concern. Suppliers are expected to comply with applicable environmental legislation, hold necessary environmental permits and assess risks of soil contamination from current or historical activities. ISO 14001 certification is viewed positively in supplier assessments.
E2-2
Actions and resources related to pollution
Own operations
All BE Group production facilities have action plans to meet statutory requirements and certification requirements aimed at minimising emissions and associated environmental impacts. The action plans include proper chemical handling, risk‑reducing measures related to emissions, and incident reporting.
In 2025, the company comcluded environmental soil investigations at a former unit in Malmö. The investigations, ongoing since 2021, have mapped the contamination and resulted in a notification of remediation measures to the supervisory authority. Remediation of contaminated soil is planned for 2026 and includes removal of soil containing elevated levels of petroleum hydrocarbons to an approved facility, with the aim of meeting the Swedish Environmental Protection Agency’s guidelines for less sensitive land use. The estimated cost of remediation is approximately SEK 2 M.
Value chain
BE Group addresses pollution‑related risks in the value chain indirectly through the requirements in the Code of Conduct for suppliers. The company has not undertaken specific actions targeting pollution generated by suppliers during the reporting period. Detailed data on pollution impacts in the value chain is not available.
E2-3
Targets related to pollution
BE Group has not established specific pollution‑related targets but continuously evaluates operations against applicable threshold values based on environmental legislation and permit conditions.
E2-4
Pollution of air, water and soil
BE Group has no data to report in this area, as the data quality has been assessed as insufficient, with the exception of VOC emissions reported under E2‑5, see BP-2.
E2-5
Substances of concern and substances of very high concern
Air emissions from own operations
VOC emissions (Volatile Organic Compounds) from painting lines for long products amounted to 781 kg during the reporting period. The data is based on product specifications from paint suppliers and third‑party test reports assessing residual amounts in afterburners.
Substances of very high concern (SVHC)
BE Group sells products containing lead, a substance included on the REACH Candidate List.
These products consist of:
- Certain grades of engineering steel with trace amounts of lead (EN 11SMnPb30+C, 36SMnPb14+C, EN14APb)
- Certain aluminium alloys with trace amounts of lead (EN 2007, 2011, 2030, 6012, 6026, 6262)
- Lead sheet supplied as a customer‑specific product
REACH compliance is maintained, and safety data sheets are provided to customers.
BE Group estimates that 21.5 tonnes of products containing lead left the company during the reporting period, of which 21 tonnes were lead sheet and the remainder trace amounts in other products. The estimate is based on the maximum concentration of lead permitted in the relevant alloy types and stated in the company’s REACH declaration (0.1% of total weight) as well as sales data. More detailed data cannot be reported due to limitations in data collection.
E2-6
Expected financial effects of material pollution‑related risks and opportunities
In accordance with the ESRS 2 transition provisions, quantification of expected financial effects is not required for the first reporting period.
E3 Water and marine resources
BE Group’s own water use is limited and primarily related to closed cooling systems used in gas cutting. Material water consumption occurs in the upstream value chain, where steel production requires significant volumes of water for cooling and process operations. The company assesses that its own operations do not have a material impact on marine resources.
| Material impacts, risks and opportunities | Position i the value chain | Potential/actual impacts | Time horizon | |
| Negative impact Steel and aluminium production requires large volumes of freshwater | Upstream | Actual | Short-, medium-, long-term | |
SBM-3
Material impacts, risks and opportunities and their relation to strategy and business model
BE Group has considered the nature, scale and geographical location of its operations when assessing impacts on water resources. BE Group’s impacts are limited and primarily related to freshwater use and are not assessed to materially affect marine resources. Freshwater is reused in closed water systems, mainly in cooling baths used for gas cutting.
Negative impacts primarily arise in the value chain, where water consumption is significant during production processes. Water is used for cooling, operation and cleaning processes. Where and to what extent this water is discharged into watercourses or marine environments, or reused, is information that BE Group currently has limited insight into.
E3-1
Policies for water and marine resources
BE Group does not have a standalone policy for water and marine resources; instead, water management is covered by the company’s environmental policy. For more information, see E1‑2.
The company is committed to minimising environmental impacts from water use in its production activities. Continuous monitoring, reporting and evaluation of water use form part of its compliance with local regulatory requirements and its ISO 14001 certification.
E3-2
Actions and resources for water and marine resources
BE Group adheres to statutory requirements and environmental certification requirements regarding water use, with the aim of reducing total water demand and consumption. No specific actions have been carried out or resources allocated during the reporting year.
E3-3
Targets for water and marine resources
BE Group does not consider water use within its own operations to be material and has therefore not set any specific targets. However, water consumption in production is monitored in accordance with local environmental regulations and certification requirements.
E3-4
Water consumption
As BE Group does not assess water consumption in its own operations as material, no data is disclosed here.
E3-5
Expected financial effects of material risks and opportunities related to water and marine resources
In accordance with the transition provisions in ESRS 2, quantification of expected financial effects is not required for the first reporting period.
E4 Biodiversity and ecosystems
BE Group’s operations are conducted in established industrial areas with limited direct impact on biodiversity. Material impacts on ecosystems are located in the upstream value chain, primarily at the raw material extraction stage, where mining activities affect habitats and land use. As a distributor, the company has limited direct influence over these upstream impacts.
| Material impacts, risks and opportunities | Position in the value chain | Potential/actual impacts | Time horizon | |
| Negative impact Material impacts on habitats, land use and ecosystem services at the raw material extraction stage | Upstream | Potential | Short-, medium-, long-term | |
SBM-3
Material impacts, risks and opportunities and their relation to strategy and business model
BE Group has considered the nature, scale and geographical location of its operations when assessing impacts on biodiversity and ecosystems. Through the double materiality assessment, the company has concluded that ESRS E4 Biodiversity and ecosystems is material. In accordance with ESRS 1 Appendix C, the company applies transitional provisions for E4, primarily regarding quantitative metrics.
Own operations
BE Group’s operations as a steel distributor are conducted at established industrial and warehouse sites in Sweden and Finland. These locations are already developed land with limited direct impact on biodiversity. None of the company’s facilities are situated in, or in the immediate vicinity of, protected natural areas or areas of high biodiversity value.
Value chain
Material biodiversity impacts have been identified as occurring in the upstream value chain, primarily related to raw material extraction, such as mining of iron ore, bauxite and alloying metals, as well as steel production. These activities may affect habitats, land use and ecosystem services in the regions where extraction and production take place.
The company’s business model as a distributor means that BE Group has limited direct influence over upstream biodiversity impacts. These impacts are addressed indirectly through requirements in the Code of Conduct for suppliers.
MDR-P
Policies for managing material sustainability matters
BE Group does not have a specific policy for biodiversity and ecosystems.
Own operations
The company’s environmental policy includes general commitments that indirectly relate to ecosystem protection, such as at the minimum complying with environmental legislation, conserving natural resources, reducing emissions and maintaining preparedness to manage environmental incidents and accidental releases. The policy does not address biodiversity explicitly.
Value chain
BE Group’s Code of Conduct for suppliers includes environmental requirements that may indirectly protect ecosystems, such as compliance with environmental legislation concerning soil contamination, wastewater and stormwater management, air emissions and waste management. Suppliers are expected to assess risks of soil contamination from current or historical activities. The Code of Conduct for suppliers does not explicitly address biodiversity.
For more information about BE Group’s policies, see E1‑2.
MDR-A
Actions and resources related to material sustainability matters
BE Group has no specific actions directed at biodiversity and ecosystems.
MDR-T
Tracking the effectiveness of policies and actions through targets
BE Group has not established specific targets related to biodiversity and ecosystems. The company also has no specific actions directed at biodiversity and ecosystems.
MDR-M
Metrics related to material sustainability matters
BE Group has not established specific metrics related to biodiversity and ecosystems. The development of measurable targets and indicators for future reporting periods is under evaluation.
E5 Resource use and circular economy
As a steel distributor, BE Group handles materials with a high inherent recyclability. Metal scrap generated from the company’s own processing is recycled at a rate of 100 percent through established return flows to the steel industry. The proportion of recycled material in purchased products varies between product categories and suppliers.
| Material impacts, risks and opportunities | Position in the value chain | Potential/actual impacts | Time horizon | |
| Negative impact The company’s business model is dependent on virgin materials | Upstream Own operations | Actual | Short-, medium-, long-term | |
| Negative impact Significant waste streams are generated through the company’s production services | Own operations | Actual | Short-, medium-, long-term | |
SBM-3
Material impacts, risks and opportunities and their relation to strategy and business model
BE Group has considered the nature, scale and geographical location of its operations when assessing impacts related to resource use and circular economy.
Own operations
BE Group’s production services generate steel scrap during cutting and processing. Scrap from the company’s own operations is recycled at a 100 percent rate through established return flows to the steel industry.
Operations also generate waste from production processes and packaging materials. Packaging consists mainly of wooden pallets, pallet collars, cardboard, plastic, and metal strapping. The Finnish operations have a recirculation commitment for pallets in usable condition.
Value chain
Upstream value chain: Steel is produced either from virgin materials (ore‑based blast furnace process) or recycled scrap (electric arc furnace). The recycled content in purchased products varies between product categories and suppliers. Detailed quantitative information on scrap content in inputs is not available during the first reporting period in accordance with the transition provisions for value chain data.
Downstream value chain: Steel is a material with high recyclability. End‑of‑life products are managed by the customer but are expected to be returned largely to the material cycle through scrap recycling.
E5-1
Policies for resource use and circular economy
BE Group does not have a standalone policy for resource use and circular economy. Resource and waste management are covered by the company’s environmental policy and its Code of Conduct for suppliers. For more information, see E1‑2.
Own operations
BE Group’s environmental policy sets out commitments relevant to resource use, including efficient use of energy and natural resources through reduction, reuse and recycling, as well as efforts to reduce waste from operations. In 2025, all of the company’s units were certified according to ISO 14001.
Value chain
BE Group’s Code of Conduct for suppliers includes requirements related to waste management and resource efficiency. Suppliers are expected to handle and dispose of hazardous and non‑hazardous waste in accordance with applicable legislation and to strive to reduce waste and emissions through reduction, reuse and recycling. ISO 14001 certification is viewed positively in supplier assessments.
E5-2
Actions and resources for resource use and circular economy
No activities or resources with a verifiable positive impact on resource use and the circular economy were carried out or allocated during the reporting period.
E5-3
Targets for resource use and circular economy
BE Group has not established specific targets related to resource use and circular economy beyond general commitments to resource efficiency as outlined in the environmental policy. The company is postponing the establishment of specific targets until its new business system has been implemented across all units, to ensure comparability of datasets, which currently vary between sites.
E5-4
Resource inflows
BE Group is a distributor of steel and metal products and does not manufacture its own materials. Resource inflows consist primarily of purchased steel and metal products, as well as packaging materials used for customer deliveries. During the reporting period, purchased material arriving at the company’s sites totalled 245,211 tonnes.
The proportion of recycled content in purchased products varies between product categories and suppliers depending on the production route. Steel produced in electric arc furnaces (EAF) is primarily scrap‑based, while ore‑based blast furnace production (BOF) contains a lower share of scrap. Detailed quantitative information on scrap input per product category is not available for the first reporting period.
Purchased materials
| Material | Sourcing 2025 (tonnes) | |
| Material | Inköp 2025 (ton) | |
| Steel | Stål | 243,068 |
| Aluminium | Aluminium | 2,112 |
| Other | Övrigt | 31 |
| Total | Totalt | 245,211 |
Purchased packaging material by material type
| Material | Sweden (tonnes) | Finland (tonnes) | Group (tonnes) | Circularity indicator |
| Wood | 1,650 | 1,889 | 3,539 | FI: EUR pallets 90%+ reused (430 tonnes); SE: ~70% of main site classified as recyclable |
| Paper/cardboard | 13 | 71 | 84 | – |
| Plastic | 38 | 34 | 72 | FI: PET strapping 100% recycled raw material (15 tonnes) |
| Steel | 9 | 47 | 56 | – |
| Textile (slings) | 13 | – | 13 | – |
| Total | 1,723 | 2,041 | 3,764 |
BE Group uses packaging materials such as wooden pallets, pallet collars, wooden boards, corrugated cardboard, plastic film, PET strapping, steel banding and textile slings to protect and transport products to customers. Packaging materials supplied by customers under consignment‑like arrangements are excluded from the company’s packaging data, as producer responsibility for such material lies with the customer.
In the Finnish operations, packaging materials are reported to Rinki Oy in accordance with Finnish producer responsibility legislation. The reported data covers all packaging materials placed on the Finnish market as well as packaging imported with products. EUR pallets are reused at a rate exceeding 90 percent through a recirculation commitment. PET strapping (15 tonnes) is manufactured from 100 percent recycled raw material (FROMM ECO‑S).
In the Swedish operations, packaging data is based on internal estimates at unit level. The company cannot determine with reasonable certainty the share of packaging materials that is recycled, reused or disposed of after delivery to the customer. Wood packaging at the largest Swedish site is categorised as either recyclable or single‑use based on packaging type, but actual treatment after delivery is not verified. The uncertainty regarding data reliability is assessed as material for the Swedish operations. For upcoming reporting periods, the company intends to explore possibilities to improve traceability of packaging materials in the downstream customer chain.
E5-5
Resource outflows
BE Group’s outgoing resource flows consist of steel and metal products delivered to customers, in some cases following production services such as cutting, blasting or painting. During the reporting period, products delivered to the Group’s customers amounted to 241,360 tonnes.
Steel is a material with a high inherent recyclability. End‑of‑life products are managed by the customer but are expected to be returned largely to the material cycle through scrap recycling. The company does not have any take‑back programmes or return flows for sold products. Detailed information on the actual recycling rate in the customer phase is not available.
| Material | Inventory sales incl direct sales (tonnes) | Production service sales (tonnes) | Total (tonnes) | |
| Material | Lagerförsäljning inkl direktförsäljning (ton) | Produktionsservice-försäljning (ton) | Totalt (ton) | |
| 2025 | 2025 | |||
| Steel | Stål | 132,696 | 99,554 | 232,250 |
| Aluminium | Aluminium | 4,697 | 3,524 | 8,221 |
| Other | Övrigt | 508 | 381 | 889 |
| Total | Totalt | 137,901 | 103,459 | 241,360 |
Waste management in operations
BE Group’s waste arises primarily in its own operations through the processing and distribution of steel products – not at the end‑customer stage. Unlike manufacturing companies, the distribution business generates relatively limited waste volumes, with the largest fractions consisting of wooden packaging materials, process‑related waste such as cutting fluids and oils, as well as packaging materials. Metal scrap from processing, which constitutes the largest waste fraction in absolute terms, is returned to the steel industry for remelting and thereby forms part of the material cycle. This scrap is also reported in a separate table.
BE Group follows the waste hierarchy in its waste management practices:
- Prevention: Optimisation of cutting and processing operations to minimise waste
- Material recycling: Metal scrap, corrugated cardboard and, where possible, wooden packaging are sorted for recycling
- Energy recovery: Combustible waste and wood waste that is unsuitable for material recycling is sent for energy recovery
| ESRS ref. | Waste, tonnes | 2025 |
| // E5-5, 37(b) | Hazardous waste | 25 |
| // E5-5, 37(b) | Excluding disposal | 4 |
| // E5-5, 37(b)(ii) | – Recycling | 4 |
| // E5-5, 37(b)(iii) | – Other recycling 1) | 0 |
| // E5-5, 37(c) | Disposed waste by treatment type | 21 |
| // E5-5, 37(c)(i) | – Incineration | 15 |
| // E5-5, 37(c)(ii) | – Landfill | 0 |
| // E5-5, 37(c)(iii) | – Other disposal 2) | 6 |
| // E5-5, 37(b) | Non-hazardous waste | 23,243 |
| // E5-5, 37(b) | Excluding disposal | 22,696 |
| // E5-5, 37(b)(ii) | – Recycling | 22,694 |
| // E5-5, 37(b)(iii) | – Other recycling 1) | 2 |
| // E5-5, 37(c) | Disposed waste by treatment type | 547 |
| // E5-5, 37(c)(i) | – Incineration | 136 |
| // E5-5, 37(c)(ii) | – Landfill | 0 |
| // E5-5, 37(c)(iii) | – Other disposal 2) | 411 |
| // E5-5, 37(a) | Total waste | 23,268 |
| Entity specific | Excluding disposal, % | 98 |
| Entity specific | For disposal, % | 2 |
1) Composting and other recovery
2) Energy recovery
| Waste (share of total waste) | Amount 2025 (tonnes) | |
| Skrot (andel av totalt avfall) | Mängd 2025 (ton) | |
| Steel | Stål | 22,498 |
| Aluminium | Aluminium | 22 |
| Other | Övrigt | 0 |
| Total | Totalt | 22,520 |
Classification of waste is based on the waste suppliers’ coding according to the European Waste Catalogue (EWC). Hazardous waste is identified through these EWC codes. The distinction between recovery and disposal is based on R/D codes provided by waste management contractors:
- Recycling includes material recovery (R12.1, R12.2), oil recovery (R9.2), as well as R3, R4 and R12
- Energy recovery includes R1.1, R13 and R1
- Disposal includes incineration (D9, D10) and landfilling (D1)
For hazardous waste, the majority (84%) is treated through disposal, primarily via incineration of emulsions, cutting fluids, and plasma dust/zinc dust at processing facilities. For non‑hazardous waste, most (98%) is sent for recovery, mainly through material recycling of metal scrap, wood and cardboard, as well as energy recovery.
Resource outflows include sold products and waste. Sales data are retrieved from the Group’s business systems through each subsidiary’s BI platform and aggregated by product area based on invoiced customer transactions. Waste data are obtained from two sources: metal scrap is reported from the business system based on production orders; other waste data are retrieved from waste contractor portal reports tagged with EWC classifications and treatment codes. The treatment method is determined according to the R/D code in line with the EU waste hierarchy.
E5-6
Expected financial effects of material risks and opportunities related to resource use and circular economy
In accordance with the transition provisions in ESRS 2, quantification of expected financial effects is not required for the first reporting period.