ArcelorMittal Reveals Key Findings from Comprehensive Workplace Safety Audit Conducted by dss+

ArcelorMittal Reveals Key Findings from Comprehensive Workplace Safety Audit Conducted by dss+

(IN BRIEF) ArcelorMittal has released the findings from a comprehensive workplace safety audit conducted by dss+, which was commissioned to enhance the company’s safety performance. Over nine months, the audit assessed operations globally, focusing on fatality prevention, process safety management, and health and safety systems. The results revealed a 14% rise in safety incidents and highlighted the need to establish a unified safety culture across the organization. Recommendations from dss+ include strengthening governance frameworks, enhancing health and safety assurance models, and standardizing contractor safety management practices. The company is committed to implementing these recommendations to improve safety and reduce variability in performance across its operations.

(PRESS RELEASE) LUXEMBOURG, 9-Oct-2024 — /EuropaWire/ — ArcelorMittal has publicly disclosed the findings from an extensive workplace safety audit carried out by dss+, commissioned in late 2023. This audit was initiated in response to the pressing need to enhance safety performance across the company, particularly given the nature of the industry.

Conducted over a nine-month period, the audit encompassed a wide-ranging review of operations across all regions and levels of the organization.

It focused on three primary areas:

  1. Fatality Prevention Standards: The audit assessed the management of three critical occupational risks—working at heights, vehicle operation, and energy isolation.
  2. Process Safety Management: This aspect focused on the highest-risk assets within the company.
  3. Health and Safety Systems Assessment: The audit examined existing health and safety systems, processes, governance, and data management practices.

Aditya Mittal, CEO of ArcelorMittal, remarked, “In October of last year, I committed to thoroughly analyzing our safety performance to pinpoint areas for enhancement. We engaged dss+ for a rigorous workplace safety audit throughout our global operations. Their detailed analysis, which included visits to over 150 sites and interviews with hundreds of employees, has yielded a clear set of actionable recommendations that we are determined to implement.”

Mittal noted that while the audit affirmed the existence of sound policies and standards, the primary challenge lies in fostering a unified safety culture across the company. “The dss+ analysis revealed notable successes as well as areas that require improvement. Our focus will be on uplifting underperforming units and consistently applying best practices throughout the organization,” he explained.

Davide Vassallo, CEO of dss+, added, “ArcelorMittal has made significant strides in improving safety protocols, but variability in performance remains a challenge across the vast organization. Our findings indicate that while standards are generally aligned with good practices, the behaviors of individuals often do not reflect these policies. Our recommendations are designed to elevate all operations to a higher standard of safety.”

The comprehensive audit involved numerous methodologies, including:

  • 155 site audits focused on the three primary occupational risks.
  • Assessments of process safety management for 14 high-risk assets.
  • In-depth evaluations of health and safety management practices, including document reviews and extensive interviews with ArcelorMittal employees.

The audit identified several key areas for improvement, including:

  • Strengthening the governance framework for operational risk exposure.
  • Enhancing health and safety assurance models through a three-line approach.
  • Developing a unified safety culture that encourages continuous learning and mentorship.
  • Standardizing contractor safety management practices across all operations.
  • Adopting best practices for Process Safety Management (PSM).
  • Integrating health and safety considerations into supporting business processes.

ArcelorMittal is now actively implementing these recommendations and will continue to provide updates to stakeholders on its progress towards achieving a safer working environment.

The author of this release is [Your Name], writing on behalf of ArcelorMittal.

About ArcelorMittal

ArcelorMittal is one of the world’s leading integrated steel and mining companies with a presence in 60 countries and primary steelmaking operations in 15 countries. It is the largest steel producer in Europe, among the largest in the Americas, and has a growing presence in Asia through its joint venture AM/NS India. ArcelorMittal sells its products to a diverse range of customers including the automotive, engineering, construction and machinery industries, and in 2023 generated revenues of $68.3 billion, produced 58.1 million metric tonnes of crude steel and, 42.0 million tonnes of iron ore. Our purpose is to produce smarter steels for people and planet. Steels made using innovative processes which use less energy, emit significantly less carbon and reduce costs. Steels that are cleaner, stronger and reusable. Steels for the renewable energy infrastructure that will support societies as they transform through this century. With steel at our core, our inventive people and an entrepreneurial culture at heart, we will support the world in making that change. ArcelorMittal is listed on the stock exchanges of New York (MT), Amsterdam (MT), Paris (MT), Luxembourg (MT) and on the Spanish stock exchanges of Barcelona, Bilbao, Madrid and Valencia (MTS).

http://corporate.arcelormittal.com/

Media Contact:

Investor relations:
General: +44 207 543 1128
Retail: +44 203 214 2893
SRI: +44 203 214 2801
Bonds/Credit: +33 1 71 92 1026

Corporate communications:
Email: press@arcelormittal.com
Paul Weigh
+44 203 214 2419

SOURCE: ArcelorMittal

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