Global Steel Giant ArcelorMittal Engages dss+ for Company-Wide Safety Audit

Global Steel Giant ArcelorMittal Engages dss+ for Company-Wide Safety Audit

(IN BRIEF) ArcelorMittal, a prominent global steel and mining company, has announced its collaboration with dss+, a leading sustainable operations management consulting service, to conduct a comprehensive safety audit across the company. The decision to undertake this company-wide audit aligns with ArcelorMittal’s commitment to enhancing safety practices and preventing serious accidents. The audit will encompass various aspects, including a review of fatality prevention standards, process risk management safety audits, assessments of health and safety systems, and data management. This extensive audit is expected to span nine months, with key recommendations anticipated to be published by September 2024. Aditya Mittal, CEO of ArcelorMittal, expressed the company’s dedication to improving safety and leveraging the audit’s insights to enhance its operations further. The safety audit underscores ArcelorMittal’s commitment to ensuring a safer and more secure work environment.

(PRESS RELEASE) LUXEMBOURG, 22-Dec-2023 — /EuropaWire/ — ArcelorMittal SA (AMS: MT), the world’s leading steel and mining company, has taken a significant step towards enhancing safety practices within the company by engaging dss+, a renowned provider of sustainable operations management consulting services. The collaboration aims to conduct a thorough company-wide safety audit to further fortify safety measures, processes, and the safety culture, with the ultimate goal of preventing serious accidents.

This announcement coincides with the upcoming release of ArcelorMittal’s third-quarter financial results on November 9, 2023. The decision to commission an independent third-party safety audit underscores the company’s commitment to proactively identifying gaps in safety procedures and addressing them comprehensively.

ArcelorMittal’s selection of dss+ was the result of a competitive tender process, considering dss+’s deep domain expertise and its ability to operate effectively across ArcelorMittal’s extensive international presence, which spans over 350 sites.

The safety audit, set to commence immediately, will encompass several key components, including:

• Comprehensive audits focused on Fatality Prevention Standards, targeting the three primary occupational risks leading to Serious Injuries and Fatalities.
• Expert contributions to the company’s planned safety audits led by the Chief Technical Officer (CTO), which will focus on process risk management in high-priority countries and assets.
• Thorough assessments of health and safety systems, processes, structures, capabilities, governance and assurance processes, and data management systems.

The safety audit is expected to be a nine-month endeavor, with the primary recommendations slated for publication in September 2024.

Commenting on this development, Aditya Mittal, CEO of ArcelorMittal, stated, “We look forward to working closely with dss+ over the coming months and to learn from the recommendations of the audit. This audit is of the highest importance, and we are committed to ensuring that its findings contribute to making ArcelorMittal a better, safer company. While it is underway, we continue to build on and accelerate our existing safety improvement activities.”

This partnership between ArcelorMittal and dss+ underscores the company’s proactive approach to improving safety measures and fostering a secure working environment for its employees.

About ArcelorMittal

ArcelorMittal is the world’s leading steel and mining company, with a presence in 60 countries and primary steelmaking facilities in 16 countries. In 2022, ArcelorMittal had revenues of $79.8 billion and crude steel production of 59.0 million metric tonnes, while iron ore production reached 45.3 million metric tonnes. Our purpose is to produce ever smarter steels that have a positive benefit 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 electric vehicles and 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. This is what we believe it takes to be the steel company of the future. 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). For more information about ArcelorMittal please visit: http://corporate.arcelormittal.com/

http://corporate.arcelormittal.com/

Contact information ArcelorMittal investor relations
General: +44 207 543 1128
Retail: +44 203 214 2893
SRI: +44 203 214 2801

Bonds/Credit:
+33 1 71 92 1026

Contact information ArcelorMittal corporate communications
Email: press@arcelormittal.com
Paul Weigh
+44 203 214 2419

SOURCE: ArcelorMittal