The following is excerpted from Issue 23 of The Corporate Citizen. To learn how to differentiate your company by developing strategic commitments to managing natural resources, consider joining us in Dallas, TX May 2-3, 2018 for our Environmental Sustainability 101 course.
ArcelorMittal’s business operations are undeniably widereaching: The company has 199,000 employees across 60 countries who together contribute to the annual production capacity of approximately 113 million metric tons of crude steel, which is used to serve markets such as automotive, construction, and household appliances. While the scope and impact of ArcelorMittal’s work is impressive, the sustainability efforts undertaken by its employees are arguably even more so.
In 2014, the ArcelorMittal team completed a thorough and strategic materiality process, which laid the groundwork for the creation of a sustainable development framework. “We knew we had really good CSR initiatives that were having positive impacts, and that we had great relationships with our partners,” said Marcy Twete, executive director, ArcelorMittal USA Foundation; division manager, corporate responsibility, ArcelorMittal Americas. “But what we were missing was a big-picture strategy that would match our work to what the company was doing commercially.”