ArcelorMittal Wins Third Consecutive Sustainability Award

Noria news wires

ArcelorMittal recently won its third consecutive Steelie Award for excellence in sustainability. Announced at the World Steel Association’s annual dinner in Monterrey, Mexico, the award distinguishes the company’s industry leadership in sustainability amid the growing pressure steel companies are facing to outline their approach to reduce carbon emissions.

This year’s award was given in recognition of ArcelorMittal’s publication of the steel sector’s first climate action report. The report set out the three pathways the company believes can lead to deep decarbonization of steelmaking, the various low-emissions technologies the company is testing, and the public policy required to make low-emissions steel a reality. It also confirms ArcelorMittal’s commitments to the objectives of the Paris Agreement and outlines the company’s ambition to significantly reduce emissions, including reaching carbon neutrality in Europe by 2050.

“I am delighted to be able to collect this award for the third year in a row, particularly as I am told that the jury voted unanimously that ArcelorMittal should win it,” said Brian Aranha, ArcelorMittal’s executive vice president. “We are immensely proud of the forward-thinking resource our people have put together to build stakeholder understanding of what a transition to a low-carbon steel industry means in practice.”

With an annual production capacity of approximately 118 million tons of crude steel, ArcelorMittal is the world’s leading steel and mining company with 209,000 employees across 60 countries.

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