Our operating philosophy is to produce safe, sustainable steel – and ArcelorMittal’s approach to corporate responsibility is playing a large part in ensuring that this company-wide philosophy guides all our operations, from extracting iron ore to shipping the finished product.
We believe our position in the steel and mining industry brings unique responsibilities and opportunities. We have a responsibility to operate profitably, while also adding value to our stakeholders in a responsible and transparent manner.
Our corporate responsibility strategy, built around four key pillars, is designed to instill pride in our workforce, gain admiration from our peers and build trust in the communities where we work.
Investing in our people
Our people are at the heart of our business. We need their ideas and rely on their hard work and commitment for the success of the business. We treat them with dignity and respect, invest in their development, and aim to provide them with a safe and healthy working environment.
Enriching our communities
We play an important role in all the communities where we operate. We want to contribute to the development of strong and sustainable local communities where we work. We do this by being sensitive to local cultures, issues and priorities, by engaging with our communities in an open and transparent way, and by working in partnership with local organisations.
Making steel more sustainable
We are working on technologies that will redefine the steelmaking process, pioneering more sustainable practices and contributing positively to the challenge of climate change. We work in partnership with our customers and suppliers to help them achieve their environmental goals through innovation in steel products.
We believe in open and visible governance, grounded in business reality. We take steps to understand the true impact of our operations, predict the future consequences, and manage risks consistently across our operations. We endeavour to engage meaningfully with key stakeholders and respond in a transparent manner.
Our corporate responsibility strategy was approved by ArcelorMittal's Group Management Board in August 2008. To monitor progress and drive improvement, we have 14 key performance indicators within the four pillars that form our strategy.
We have a huge number of operations around the world. Everything we do has to reflect and respect the cultures and countries in which we work, especially in the area of corporate responsibility.
A strong global framework to guide our approach to corporate responsibility is still essential, so that everyone knows what is expected of them and so that what we do is consistent.
Memberships Our memberships of key corporate responsibility and sustainable development organisations provide a cost-effective way for us to develop, promote and share leading practices. They also help us learn from our peers, build our brand capital and build capacity within ArcelorMittal.
Our memberships include:
World Steel Association
World Business Council for Sustainable Development
United Nations Caring for Climate
United Nations Global Compact
Extractive Industries Transparency Initiative