The ESG perspective is a novelty at MOMSTEEL and will evidently be a continuous focus area in the coming years, in response to the demands of the Eiffage Group.
The company is committed to improving its practices and performance in terms of environmental, social, and governance aspects, aligning with global standards of sustainability and responsibility.
Corporate ESG is a new focus at MOMSTEEL, which will receive special attention in the coming years to meet the demands of the Eiffage Group.
ESG - Environmental, Social, and Corporate Governance
A MOMSTEEL integra os fatores ambientais, sociais e de governança (ESG) para uma gestão socialmente responsável.
Environment
The environmental component of ESG is vital for building a sustainable future. We aim to play a crucial role in environmental preservation, meeting stakeholder expectations, and ensuring longevity and resilience in an increasingly conscious and demanding market.
Social
We focus on social practices, including diversity, equity, inclusion, human rights, working conditions, and community impact, promoting social justice and the well-being of stakeholders.
Governance
Refers to the leadership structure and ethical practices of companies, encompassing transparency, accountability, legal compliance, and risk management, ensuring decisions align with stakeholder interests and promoting corporate integrity and long-term sustainability.
As part of MOMSTEEL – EIFFAGE’s quality management system, we will monitor the performance of our suppliers. The criteria that underpin our assessment are:
Compliance with delivery deadlines
Quality of materials/services provided
Compliance with technical specifications and requirements
Compliance with commercial conditions
Metodology
For each supply, the supplier’s performance is recorded considering the impact their failures have on MOMSTEEL – EIFFAGE.
This impact is measured based on the number of days the situation affects MOMSTEEL – EIFFAGE.
In euros (minimum impact: €250/day; maximum impact: €1,000/day);
Ratio
At the end of each year, a ratio is determined (sum of impacts/supplies):
Class 1 (Preferred Supplier): < 5%
Class 2 (Regular Supplier): between 5% and 20%
Class 3 (Supplier under Observation): between 20% and 100%
Class 4 (Disqualified Supplier – Requalification): between 100% and 150%
Class 5 (Non-Qualified Supplier – Supply subject to Management approval): > 150%
Within the same family of qualified suppliers, preferential performance is measured by the percentage of on-time deliveries.
CERTIFICATION
Quality Assurance
We aim to achieve efficiency in manufacturing while minimizing environmental impact and focus our efforts on industrial projects related to carbon emission reduction, industry revitalization, and energy.
ISO 9001 Certification – QUALITY MANAGEMENT SYSTEMS