ArcelorMittal(MT) Newsfilter·2024-04-23 13:10Core Insights - ArcelorMittal published its 2023 Integrated Annual Review (IAR) titled 'Preparing for the future', focusing on sustainability, safety, and stakeholder engagement [1][5] Group 1: Business Overview - The company generated revenues of $68.3 billion in 2023, produced 58.1 million metric tonnes of crude steel, and 42.0 million tonnes of iron ore [7] - ArcelorMittal operates in 60 countries, with primary steelmaking operations in 15 countries, making it the largest steel producer in Europe and a significant player in the Americas and Asia [7] Group 2: Sustainability and Safety - The IAR includes updates on climate-related risks, scope 3 emissions, and certifications to ESG standards like ResponsibleSteel™ [1] - A comprehensive independent safety audit was launched in December 2023 to enhance safety performance across operations [2] - The company emphasizes a culture of safety and care, which is essential for operational success and employee engagement [3] Group 3: People and Culture - ArcelorMittal employs 150,000 people directly and focuses on attracting and developing talent through a people strategy based on leadership, talent development, and diversity and inclusion [4] - The company is advancing its Diversity and Inclusion roadmap to foster engagement and productivity [6] Group 4: Strategic Goals - The IAR outlines the company's commitment to decarbonization, community engagement, and sustainable practices within the natural environment [5][6] - The company aims to produce innovative steels that use less energy, emit less carbon, and support renewable energy infrastructure [8]