When our previous report was published last year, we mentioned the start of the health crisis that we are still going through this year. The pandemic is still present in all countries and, beyond individuals, impacts all areas of the economy. The steel industry has not escaped this disruption because of its significant impact on our markets, which has had repercussions on our level of production, our investments and our capacity for innovation.
The continuity of our activities and the pursuit of our CSR (Corporate Social Responsibility) commitments was however possible thanks to the responsiveness, mobilization and resilience of all employees.
ArcelorMittal's CSR strategy in Luxembourg is a continuously growing process, in line with the group’s ambition, which clearly highlights its desire to produce "safe and sustainable steel”. By nature, steel is a sustainable material because it is 100 % and infinitely recyclable. In Luxembourg, over 95 % of our steel production is based on recycled scrap.
The ArcelorMittal group is committed to a carbon neutral approach by 2050 at the global level with a first significant step of reducing its emissions by 30 % by 2030 in Europe.
This desire is taking shape in the development of Smart Carbon and DRI (Direct Reduction Iron) technologies and is launching an assault on ArcelorMittal's target markets under the initiative called XCarbTM. By 2020, the Belval site delivered 700 tonnes of XCarbTM stamped sheet piles for a railway infrastructure project in Sweden. This means that the production process followed for the realization of these sheet piles relied 100 % on renewable energy.
In Luxembourg, the CSR approach is integrated into the very essence of our activities, and despite the unfavorable conditions, the projects were able to continue: the partnership with LIST (Luxembourg Institute of Science & Technology) goes forward in a constructive way, while the associations supported by ArcelorMittal Luxembourg continued to benefit from the company's commitment, despite the health crisis and the pressure on costs. Beyond its own projects, ArcelorMittal in Luxembourg shares its experience in CSR by participating in various working groups set up at national level, such as those of Fedil, the Chamber of Commerce and IMS.
We believe that the future is being prepared today and that it is important for ArcelorMittal in Luxembourg to be able to share its know-how and thus contribute to the maturity of the Luxembourg ecosystem in terms of CSR. ArcelorMittal Luxembourg has always demonstrated exemplary resilience in the past and is redoubling its efforts to strengthen it in order to create long-term value for all of its stakeholders, employees, customers and communities.
Managing director and Vice-president
General manager and Vice-presidente