ArcelorMittal USA’s impact on the country and Northwest Indiana remains strong, according to its latest corporate responsibility and sustainability report.
The company has issued the report annually since 2009 to showcase its contributions to the economy as well as the communities where it operates. ArcelorMittal has a presence in 14 states and employs about 18,000 people in those facilities.
“I am proud of the work our teams have accomplished to emphasize sustainability in all we do,” said John Brett, president and chief executive officer, ArcelorMittal USA. “This document, and the strategy it details, directly connect the work of our 10 sustainable development outcomes with our operations’ goals and business strategy. We know financial sustainability and corporate responsibility go hand in hand. Maintaining our commitments to our stakeholders is not an option, it’s a requirement.”
Highlights of the 2017 U.S. report include:
– Achieved a best on record lost time injury frequency rate of .95, which includes full-time employees and contractors at ArcelorMittal USA LLC facilities, Monessen and AM/NS Calvert, a 23 percent improvement over 2016.
– Produced more than 15 million tons of raw steel and invested $246 million for the ArcelorMittal USA business unit and $99 million for joint venture AM/NS Calvert to enhance production capabilities and improve efficiency.
– Contributed $10.6 billion in total economic impact including more than $2.1 billion in employee wages and benefits alone at ArcelorMittal USA LLC facilities and AM/NS Calvert. This does not include expenses related to active and inactive pension and retiree health care.
– Implemented 36 energy projects with enough energy savings to power 12,400 homes for a year.
– 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).
– Donated more than 3,550 hours of time by employees to our local nonprofit partners through ArcelorMittal-sponsored volunteer projects and increased skills-based volunteerism in STEM by 22 percent since 2016.
Luxembourg-based ArcelorMittal is a global steel and mining company, with a presence in 60 countries. In 2017, ArcelorMittal had revenues of $68.7 billion and crude steel production of 93.1 million metric tons.
