July 20, 2009
ArcelorMittal to Focus on Sustainable Steel
At the heart of ArcelorMittal’s corporate responsibility report for 2008 is the company’s goal to deliver sustainable steel, investing $295 million in research and development in 2008. The global steel producer has also announced a new corporate responsibility strategy that segments its commitments into four priority areas — investing in people, enriching communities, making steel more sustainable and transparent governance.
In the area of environmental performance, the company has reduced carbon dioxide (CO2) emissions by 36 million tons through recycling of scrap steel. The company said it recycles one ton of steel….
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