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ArcelorMittal wins global award for sustainability

ArcelorMittal's offices at Indiana Harbor in East Chicago. 

ArcelorMittal was named a Steel Sustainability Champion for 2017 by the World Steel Association. 

The Luxembourg-based steelmaker, one of Northwest Indiana's largest employers, was honored with the global award for transparency, regular reporting, safety improvements and commitment to the World Steel Association's sustainable development charter.

"As the world’s leading steel company, we recognize the importance of sustainability for the business and the steel industry," ArcelorMittal Executive Vice President Brian Aranha said. "This is a confirmation of our unparalleled track record on environmental and social performance."

The international trade group started offering the award to recognize steelmakers who are trying to make the industry and society more sustainable, such as by recycling steel, and to encourage them to adopt higher standards and incorporate sustainability more into their business practices.

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"As producers of steel, we know that a sustainable steel industry is crucial for the long-term health of our economy, our society and our planet," World Steel Association Director Edwin Basson said. "And every steel company has a responsibility to help achieve this. Many members of World Steel have already demonstrated their commitment to sustainable development and made extensive efforts in their sustainability programs. As an industry, we have made progress. But we need to do more and go further. Sustainability is a core business requirement, vital to a company’s continuing license to operate. An ethically and socially responsible approach can act as a competitive advantage for forward-thinking steel companies."

ArcelorMittal was honored along with Tata Steel Europe, Tata Steel Limited, Tenaris, Thyssenkrupp AG and Voestalpine AG.

"It’s gratifying to have World Steel recognize the work we are doing to make our steel safer and more sustainable," said Alan Knight, head of corporate responsibility and sustainable development for ArcelorMittal. "I hope this designation will spur us on to continue making further progress."

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Business Reporter

Joseph S. Pete is a Lisagor Award-winning business reporter who covers steel, industry, unions, the ports, retail, banking and more. The Indiana University grad has been with The Times since 2013 and blogs about craft beer, culture and the military.