ArcelorMittal releases 2009 Corporate Responsibility Report:
11 Maggio 2010 - 8:00AM
Business Wire
Regulatory News:
ArcelorMittal, the world’s largest steelmaker, today issued its
corporate responsibility report for the 2009 financial year: Our
progress towards Safe Sustainable Steel.
Published to coincide with the company’s annual general meeting
at its Luxembourg headquarters, this report demonstrates continued
progress against ArcelorMittal’s goal of delivering safe,
sustainable steel, despite the challenges posed by the most severe
economic downturn in recent memory.
Key highlights of this year’s corporate responsibility report
include a significant improvement in the company’s safety record.
ArcelorMittal’s Group Lost Time Injury Frequency Rate fell to 1.9
per million hours worked in 2009 – representing a 24 per cent
improvement on the 2008 figure. The Group’s target for 2010 is to
continue to reduce its accident rate by a further 20%.
Other key corporate responsibility highlights for 2009 included
the following:
- Invested US$235 million in
research and development. With 15 major R&D centres,
ArcelorMittal possesses a capability for innovation that is
unmatched in the global steel industry
- Reaffirmed commitment to secure
an 8% reduction in CO2 emissions by 2020, against a 2007 baseline –
equivalent to 170kg reduction per tonne of steel produced
- Encouraging professional
development – 278,000 hours of online learning supported by the
ArcelorMittal University in 2009
- The ArcelorMittal Foundation
celebrated its 2nd International Volunteer Work Day, with over
8,500 employees participating at 75 sites around the world
“There is no doubt that 2009 represented one of the most
challenging years on record, not only for the steel industry but
across the business world,” comments Lakshmi N. Mittal, Chairman
and CEO, ArcelorMittal. “Despite this dramatic backdrop, which had
inevitable repercussions for our global operations, I hope this
latest report underlines the fact that our commitment to corporate
responsibility remained unwavering. In particular, I would like to
draw attention to our significant improvement in the overwhelmingly
important area of safety – a positive trend we are determined to
build upon in 2010,” he adds.
ArcelorMittal is determined to push the boundaries of steel, not
only in terms of technical innovation and production, but also
driving industry best-practice in terms of social development,
environmental policy and transparent governance. Selected
international highlights of these social commitments during 2009
and 2010 included the following projects:
- China: The ArcelorMittal
Foundation donated US$1.54 million to assist with the
reconstruction of Xinhuamen Primary School following the 2008
Sichuan earthquake, creating a new steel-framed facility that
offers a much higher degree of earthquake protection
- Liberia: ArcelorMittal
formalised its support for the Extractive Industries Transparency
Initiative (EITI), having been an active participant in this
pioneering corporate transparency project since May 2007
- South Africa: ArcelorMittal
South Africa, the ArcelorMittal Foundation and the South African
Department of Education signed an agreement to build 10 new schools
using innovative steel-framed construction techniques
- United States: ArcelorMittal
joined the Sustain Our Great Lakes coalition – an innovative,
public-private partnership designed to protect the crucial
ecosystems of the Great Lakes region, which contain 20 per cent of
the world’s fresh water
- Haiti: Through the ArcelorMittal
Foundation, the Company made a donation of 1 million USD to help
the relief efforts in Port-au-Prince, Haiti, following the
earthquake that struck the island on Tuesday 12 January
“As the world’s largest steelmaker, we consider it our
responsibility as a business to drive best-practice in sustainable
steel – not only from an environmental perspective but also in the
equally important areas of social development and employee
welfare,” explains Gonzalo Urquijo, member of ArcelorMittal’s Group
Management Board and responsible for Corporate Responsibility.
“With operations in 60 countries, ensuring a truly consistent level
of performance across this international footprint is always going
to be a challenge – but it is a challenge we can overcome through a
shared commitment not only to innovation in steel production, but
also to the vital considerations of corporate responsibility,” he
adds.
The 2009 corporate responsibility report, Our progress towards
Safe Sustainable Steel, focuses on the four key pillars of
ArcelorMittal’s corporate responsibility strategy: Investing in our
people; Making steel more sustainable; Enriching our communities;
and Transparent Governance. The full report can be accessed at:
www.arcelormittal.com > Corporate Responsibility
About ArcelorMittal
ArcelorMittal is the world's leading steel company, with
operations in more than 60 countries.
ArcelorMittal is the leader in all major global steel markets,
including automotive, construction, household appliances and
packaging, with leading R&D and technology, as well as sizeable
captive supplies of raw materials and outstanding distribution
networks. With an industrial presence in over 20 countries spanning
four continents, the Company covers all of the key steel markets,
from emerging to mature.
Through its core values of sustainability, quality and
leadership, ArcelorMittal commits to operating in a responsible way
with respect to the health, safety and wellbeing of its employees,
contractors and the communities in which it operates. It is also
committed to the sustainable management of the environment and of
finite resources. ArcelorMittal recognises that it has a
significant responsibility to tackle the global climate change
challenge; it takes a leading role in the industry's efforts to
develop breakthrough steelmaking technologies and is actively
researching and developing steel-based technologies and solutions
that contribute to combat climate change.
In 2009, ArcelorMittal had revenues of $65.1 billion and crude
steel production of 73.2 million tonnes, representing approximately
8 per cent of world steel output.
ArcelorMittal is listed on the stock exchanges of New York (MT),
Amsterdam (MT), Paris (MT), Brussels (MT), Luxembourg (MT) and on
the Spanish stock exchanges of Barcelona, Bilbao, Madrid and
Valencia (MTS).
For more information about ArcelorMittal visit:
www.arcelormittal.com
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