ArcelorMittal Wins Sustainability Award

Noria news wires

ArcelorMittal was recently recognized for its sustainability leadership with a World Steel Association Steelie award. The company was honored with the Excellence in Sustainability award for its 10 Sustainable Development Outcomes, a key foundation for its new sustainability framework.

The award focuses on one specific sustainability initiative or program that has made a positive impact or provided benefits in all three areas of sustainability, including economic, environmental and social performance.

ArcelorMittal faced competition from China Steel Corp. for its development of an industrial park using byproduct fuel gases and Tata Steel Europe for the certification of 19 construction products for responsible sourcing.

ArcelorMittal's nomination most closely met the judging criteria, which included demonstrating to what extent the initiative impacted or provided benefits for the company and/or society in the three sustainability areas. Judges also assessed how widely the initiative was communicated to stakeholders and what level of community/stakeholder outreach related to the initiative.

ArcelorMittal has been shortlisted each year since the award began in 2010 but only once before has been awarded the Steelie for excellence in sustainability.

"ArcelorMittal's 10 Sustainable Development Outcomes were launched this year to provide a fresh approach to identifying the contribution the company – and wider steel industry – can make to a sustainable future in which steel plays a valuable contribution," said Alan Knight, ArcelorMittal's general manager of corporate responsibility. "The outcomes are supported by a sustainable development framework that describes the management steps the company will take to get there. We believe that through this framework, we will raise the profile of steel and catalyze stakeholder interest in the contribution it has to make to a sustainable future."

Now in their sixth year, the World Steel Association's Steelie awards recognize member companies or individuals for their contribution to the steel industry over the past year in a series of categories impacting the steel industry.

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