ArcelorMittal Publishes Corporate Responsibility Report, Embraces Journey To Zero Safety Policy

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ArcelorMittal, which runs a steel plate production facility in Coatesville, has published a corporate responsibility reporting, saying the firm had a U.S. market share of $78.9 billion in 2013.

The report, “Steel: stakeholder value at every stage,” is the title of ArcelorMittal’s 2013 corporate responsibility report. It focuses on how the company has been adapting and innovating at every stage in its value chain. This includes its mining and steelmaking operations, its application of design technology into products, and its activities to recycle steel as well as by-products from the steelmaking process.

“More and more, people want to know what value organizations create; not only economic value, but social, environmental and innovative value,” said Lakshmi Mittal, chairman and chief executive officer. “This report aims to identify our areas of impact and how we are responding to them with actions that create value for our stakeholders.”

For ArcelorMittal, the four pillars of corporate responsibility are: investing in people, making steel more sustainable, enriching communities, and the commitment that underlies the other three – transparent governance.

ArcelorMittal’s Coatesville facility made national news last May 24 when a furnace exploded, injuring three workers: http://www.dailylocal.com/article/DL/20130524/NEWS01/130529780.

According to the report, “stop, think and act safely” was a company theme during 2013, and ArcelorMittal launched the Journey to Zero Program – aiming to extract minerals and produce steel with no injuries. According to the company report, 93 percent of its workforce says health and safety challenges are carefully addressed.

Last year ArcelorMital also worked on two pioneering solar solutions for low-carbon buildings, Phoster and SolarWall®, and an ultra-lightweight car door for the automotive industry. The firm also completed several investments in the Czech Republic, Bosnia and Herzegovina and Kazakhstan that Mittal said will significantly reduce emissions.

The report is published online and is also fully downloadable. New this year is an interactive infographic, showing how ArcelorMittal says it is creating value at each stage of the business, promoting good governance in the extraction of raw materials, cutting dust emissions at its steel plants, improving the safety of its workforce and creating low-carbon solutions for the automotive and constructions industries. The report also highlights the company’s contributions to the circular economy, by recycling steel on a scale that avoids the emission of 40 million tons of CO2, equivalent to the annual emissions of Switzerland.

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