Innovation, Sustainability Remain at Core of ArcelorMittal’s Business Strategy

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ArcelorMittal, a multinational steel manufacturer with a plant in Coatesville, is marking its 10th year of reporting on its corporate responsibility and sustainability initiatives in the United States.

This reporting is a testament to the company’s dedication to transparency and directly connecting its 10 sustainable development outcomes with its business outcomes and financial drivers.

“Innovation and sustainability are at the core of ArcelorMittal’s business strategy,” said John Brett, ArcelorMittal USA’s president and CEO. “Just as our products are the material of choice for more sustainable lifestyles, we continue to make progress toward elevating the sustainability of our operations. Our work in sustainability is made possible through innovation, which drives us to continually improve the experiences of our employees, strengthen our operational processes, and revolutionize our products.”

ArcelorMittal’s facilities in the U.S. contributed $10.7 billion in total economic impact, including more than $2.3 billion in employee wages and benefits alone. They implemented 30 energy projects with enough energy savings to power 11,600 homes for a year. ArcelorMittal USA also contributed $6.9 million in community investment, including cash grants and company matching gifts, more than 40 percent of which supported education, particularly science, technology, engineering, and math (STEM).

“Our products have the opportunity to significantly improve modern lives,” said William C. Steers, president of ArcelorMittal USA Foundation and Corporate Responsibility Governance Board. “We also recognize that the process of making steel and securing the raw materials required to do so can inevitably have negative impacts. The key to addressing all of our impacts, both our opportunities and our challenges, is innovation. By implementing the initiatives associated with our 10 sustainable development outcomes, we are putting innovation into practice.”

Click here to read ArcelorMittal’s 2018 United States Integrated Report, entitled “Innovating for Impact.”

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