Presented online for the first time, the new format offers increased levels of accessibility, interactivity and transparency. The online report is supplemented by a printed summary that includes the company’s CR highlights for 2012. The summary will be issued at the company’s Annual General Meeting in Luxembourg on 8 May.
The report has been externally assured by Deloitte LLP. The company has maintained the Global Reporting Initiative G3 Guidelines at level ‘B+’ in preparing the full online report.
The report focuses on how product innovation is helping to support the development of a low carbon economy, with steel playing a vital role in the transport, automotive, construction and manufacturing markets.
“The success of our business is directly linked to the advancement of society – steel is the fabric of modern life. We are supporting transport infrastructure, making cars lighter and more fuel efficient through innovative solutions such as S-in motion and iCAReTM for electric cars” said Lakshmi N. Mittal, chairman and CEO of ArcelorMittal.
In addition, the report reinforces ArcelorMittal’s priorities of employee health and safety – the company’s number one priority - and responsible sourcing.
Focusing on safety, the report details the company’s progress in its safety programme ‘Journey to Zero’, most notably in its 2012 lost time injury frequency rate of 1.0 – reaching the 2013 target one year early. However, it also acknowledges that there is still much to be done to reach the target of zero injuries and fatalities and emphasises the proactive steps being taken to achieve this goal.
Other 2012 highlights include: