May 12, 2016 – Chicago – ArcelorMittal is proud to announce the publication of its 2015 United States Integrated Report, a major step toward integrated reporting for the company and its US operations. The publication also strives to connect the work of ArcelorMittal’s 10 Sustainable Development outcomes launched in 2015. The 10 outcomes are the core of a sustainability framework that will help the company address material issues, improve performance and understand its contribution to a more sustainable future for its people, communities and planet.
For the last seven years, ArcelorMittal has reported corporate responsibility (CR) and sustainability outcomes in the United States in an annual CR report. In 2012, ArcelorMittal began producing a separate fact book to review opportunities and challenges facing the USA business and steel industry.
“This year, in support of a global push toward integrated reporting, our team in the United States has merged these two documents and added key performance indicators (KPIs) vital to the sustainability of our USA business,” said John Brett, chief executive officer, ArcelorMittal USA. “This marks our first step toward integrated reporting, connecting the work of our 10 SD outcomes with our operations’ goals and business strategy. We can no longer discuss sustainability as a concept. We must move to seeing it as a necessary means to find new markets, deliver value for our current customers, and grow in productivity and market share.”
Highlights of the 2015 United States Integrated Report include:
- Achieved a 1.33 lost time injury (LTI) frequency rate, which includes full-time employees and contractors of all flat and long carbon facilities in the U.S. While this is an improvement over 2014, we can and must do better.
- Produced nearly 15 million tons of raw steel and invested more than $218 million into U.S. operations to enhance production capabilities and improve efficiency
- Contributed $8.9 billion in total economic impact including more than $2.3 billion in employee wages and benefits alone
- Supported global goal of reducing CO2 emissions by 8 percent per ton of steel produced by 2020 over a 2007 baseline. In the United States, CO2 emissions decreased more than six percent since 2014.
- Implemented energy projects that resulted in an energy savings of more than $39 million, the equivalent of powering 28,500 homes for a year
- Supported more than 100 volunteer projects through 4,237 volunteer hours donated by employees to local nonprofit partners
- Contributed $8.3 million in total community investment, including cash grants, employee donations and company matching gifts. Approximately half was in support of education, particularly science, technology, engineering and math (STEM).
“From our people to our products and our processes, to the way we measure our success in these outcomes, we are committed to looking at ourselves and our industry critically as it relates to sustainability,” says William C. Steers, president, ArcelorMittal USA Foundation and CR Governance Board. “We are proud to be the first country in ArcelorMittal’s western hemisphere to take this critical step toward integrated reporting. We will continue to drive transparency with our stakeholders and set ambitious goals together.”
In support of the company’s efforts to minimize its impact on the environment, the 2015 integrated report will be available online to all stakeholders within the sustainability section of usa.arcelormittal.com. The report can be viewed completely online or downloaded in its entirety, or stakeholders can select specific pages to save as a PDF or print.
The scope of the 2015 integrated report includes all of the operations located in the United States that are wholly owned by ArcelorMittal, as well as joint ventures where ArcelorMittal holds a meaningful ownership percentage. In the United States, ArcelorMittal facilities, offices and joint venture partnerships can be found in 14 states and the District of Columbia.
The 2015 integrated report aligns with the content elements suggested by the International Integrated Reporting Framework and the International Integrated Reporting Council (IIRC). The environmental and social data in the report is presented in accordance with the Global Reporting Initiative (GRI) G4 core guidelines. This report and its indicators are also prepared in accordance with the Sustainability Accounting Standards Board (SASB) for the Metals and Mining sector.
Want to know more?
Visit ArcelorMittal’s annual review 2015 website, our first step towards integrated reporting