ArcelorMittal launches supplier responsibility project

13 July 2008
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14 July 2008 | Jake Kanter

Steel producer ArcelorMittal plans to work with local communities in its supply chain to train labour forces.

The initiative forms part of its 2008 Supply Chain Responsibility Programme and will target some of the "highest risk" areas in its supply base to encourage best practice. Vendors in countries such as Brazil and Kazakhstan will be trained on issues such as health and safety to ensure standards are maintained. This year alone, 35 employees have been killed working in the company's mines.

The programme, ArcelorMittal's first corporate responsibility report, will increase support for small and medium sized businesses, as well as minority suppliers. The steel firm also plans to use more energy efficient transportation methods, cut material movement distances and reduce waste. It has already started this work in Brazil and Poland, where it has switched the transportation of some supplies from road to sea barge or train.

Lakshmi Mittal, president and chief executive of ArcelorMittal, said in the report: "The very nature of our business brings many challenges and constraints, but we recognise that our position in the steel industry brings unique responsibilities."

To view the ArcelorMittal report 'Taking responsibility for transforming tomorrow' go to http://www.arcelormittal.com, click on 'corporate responsibility' and select 'reports'.

SMjul2008

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