Following is an overview of the structure and policies Olympic Steel has in place to ensure we are operating responsibly and in compliance with all federal, state and local requirements. Olympic Steel’s Board’s Nominating and Governance Committee oversees and periodically reviews the Company’s ESG strategy, initiatives and policies.

  • Board demographics: In evaluating the suitability of Board candidates, diversity of experience, backgrounds and perspective are among the factors considered by the Board’s Nominating and Governance Committee. In addition, three of Olympic Steel’s independent Board Directors are considered Audit Committee financial experts, based upon their professional skills and experience and lend their considerable expertise to ensure the Company has sound governance policies and practices in place.

For information about our current Directors, click here.

  • Corporate governance: Starting at the Board level, Olympic Steel has a top-down commitment to best-in-class oversight practices and operating with integrity. The roles of Chairman and Chief Executive are separate, and we have a Lead Independent Director. All members of our three Board committees – Audit and Compliance, Compensation, and Nominating and Governance – are independent.

It is the policy of Olympic Steel that Company business be conducted at all times according to the highest standards of integrity and honesty. The Business Ethics Policy applies not only to our principal executive officer and principal financial and accounting officer and controller, but also to all our employees.


  • Our Business Ethics Policy is available here
  • We also maintain several additional policies and programs here 

Every Olympic Steel employee is empowered to keep colleagues and leadership accountable for all Company policies, procedures and governance. We provide structure and policies via olysteel.com and the Olympic Steel Employee Handbook, in addition to an Internal Audit team responsible for regular compliance review. We also make the following methods available for employees pose questions and resolve work-related issues or concerns:

  • Open Door Policy – We promote and maintain open lines of communication within the organization as an effective means for employees to share ideas and feedback and resolve work-related problems and concerns. In addition to frequent employee surveys, our Human Resources Help Desk and other forums, Olympic Steel maintains an Open Door Policy. The Open-Door policy encourages employees to express personal opinions and seek answers to questions from all levels of management.
  • Whistleblower Hotline – Olympic Steel is committed to fair, accurate and transparent accounting of financial matters of the Company and expects all employees, officers, and directors to act in accordance with the highest ethical standards in the performance of their responsibilities. The Company also requires full compliance with all applicable securities laws and regulations, accounting standards, accounting controls, and audit practices, and prohibits violations of applicable securities or other laws relating to fraud against its shareholders.

    Each employee is given access to the Company Whistleblower Hotline for the purpose of reporting complaints or concerns specifically related to Olympic Steel’s financial practices. This is managed by an independent third party and the names of callers remain confidential. These resources are shared with employees in the Olympic Steel Employee Handbook and reiterated annually during the Standards of Conduct review provided to all employees. Olympic Steel encourages all employees to put their names to any Complaint; however, reports may also be made confidentially and/or anonymously.

    All reported concerns are taken seriously and investigated promptly and thoroughly, and Olympic Steel does not permit retaliation of any kind against employees who submit concerns or complaints in good faith.

LEARN MORE

Find additional information in our most recent Corporate Responsibility Report available here