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B1 – Basis for reporting, method and scope

The company has conducted a double materiality assessment of all the Group’s activities and has identified IROs (impacts, risks, opportunities) […]

The company has conducted a double materiality assessment of all the Group’s activities and has identified IROs (impacts, risks, opportunities) for these activities. See index page 35. Activities that display double materiality have been transferred to the VSME report with further  specification of metric targets. The company has included relevant information from certification processes according to ISO, as well as Sverdrup’s own sustainability document with specification of policy and measures.

The company reports in line with the following option:

i. ALTERNATIVE A: Basic module (only)
The company has not omitted information due to status as classified or sensitive (ref. §19).

Consolidation

The sustainability report has been prepared on a consolidated basis, which includes information from subsidiaries, which will not prepare a report on their own.

Sustainability and quality related certifications and badges

Sverdrup is ISO 9001, ISO 14001, and ISO 45001 certified. We stock a broad range of materials in compliance with NORSOK, IOGP, and European and international requirements.

Subsidiaries

Sverdrup Steel lists the following subsidiaries in 2025 with registered addresses, including;

  • Sverdrup Steel AS (parent) – consolidated report including the following subsidaries:
    • Sverdrup Steel AS (Norway)
    • Sverdrup Steel AS (branch in Denmark)
    • Sverdrup Steel AS (branch in Sweden)
    • Sverdrup Steel UK Ltd. (UK)
    • Sverdrup Steel Korea Ltd. (South Korea)
    • Sverdrup Steel International AS (Norway)
  • Several single sales offices in Europe, Singapore, China
  • Broder Metals, single subsidiary under Sverdrup Steel AS

Material certificates

Sverdrup delivers material certificates on all orders, with additional information regarding the manufacturer, production process, composition and properties of the metal, confirmation of compliance with standards, customer requirements and quality requirements.

Upon request, Sverdrup encloses EPD (Environmental Product Declarations) third-party verified data on GWP (global warming potential), LCA (lifecycle assessment) results, recycled content, energy source composition and other eco indicators.

 

DMA – double materiality assessment

The diagram shows impacts, risks, and opportunities rated for sustainability-relevance in Sverdrup Steel.

Published: 31 Aug 26

Sustainability, ESG

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