US Steel releases Sustainability Report
United States Steel Corporation has announced the release of its 2020 Sustainability Report, entitled “Doing What’s Best for Our Most Demanding Customer,” to update stakeholders on progress in its Best for All strategy, encompassing a full range of environmental, social and governance (ESG) initiatives.
“Our history is defined by setting bold goals and then working together to achieve them. The climate crisis is a challenge that requires that level of commitment and big thinking,” said David B. Burritt, U.S Steel President & Chief Executive Officer. “While 2020 brought some unique challenges, it also reinforced the importance of a strong domestic supply chain, anchored on a strong domestic steel industry.
“The people of U. S. Steel know that we must take the steel industry to a more sustainable future, and that means prioritising innovative and profitable solutions that support our customers, our communities and our most demanding ‘customer’ – the planet.”
The U. S. Steel report outlines progress made by the company in 2020 in areas like process and product innovation, empowering its people, protecting the environment and maintaining strong and transparent corporate governance. It also touches on further advances made to date in 2021, including U. S. Steel’s goal to achieve net zero carbon emissions by 2050, and its decision to become the first North American steelmaker to join ResponsibleSteel, a standard setting and certification organisation targeting a more sustainable future for the steel industry.
“Sustainability is interwoven as an essential element of our overall corporate strategy because we know that it is critical to our ongoing success,” said Rich Fruehauf, U. S. Steel’s Chief Strategy and Sustainability Officer. “We must ensure that we continue to excel in safety. We must continually reduce our impact on the environment. We must maintain a workplace where diverse talents are empowered to achieve their full potential.
“We must support our communities. And we must be flexible and resilient as we deliver valuable solutions to our customers. We invite all of our stakeholders to review our full sustainability report to learn more about our efforts and the progress we have made this past year.”