U. S. Steel Releases Sustainability Report Emphasizing Progress
25 Juni 2024 - 3:17PM
Business Wire
Titled “The Future of Steel”, the Report
Underscores U. S. Steel’s Focus on Innovative Sustainability
Solutions and Collaborations that Meet Market Demand
United States Steel Corporation (NYSE: X) today released its
2023 Sustainability Report titled “The Future of Steel”,
highlighting the company’s leadership in producing visionary
solutions that benefit all stakeholders. The report outlines U. S.
Steel’s strategic plans, investments and progress in reducing its
carbon footprint, inspiring innovation, empowering its people and
more, including its work toward achieving its goal of net-zero
greenhouse gas (GHG) emissions by 2050 (Scopes 1 and 2). Notably,
the report highlights how U. S. Steel progressed or established
multiple partnerships with energy and technology companies,
government agencies, non-profits, and universities to work on
emissions reduction and developing carbon capture and utilization
projects.
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“U. S. Steel’s sustainability strategy is focused on our
customers, our communities, our people and the planet. To meet the
needs of the market today and pave the way for the industry
tomorrow, our team is constantly developing and improving
innovative steel products. ‘The Future of Steel’ report not only
highlights our efforts but underscores how well positioned we are
to continue this important work,” said U. S. Steel Sr. Vice
President of Sustainability and Chief Technology Officer, Christian
Gianni.
Steel is the most widely used metal. And, given the
sustainability challenges of today’s market demand, U. S. Steel
worked to optimize production and launch transformative products
and partnerships throughout 2023. That included a first-of-its-kind
project to capture and mineralize carbon emissions generated from
U. S. Steel’s Gary Works blast furnaces and a partnership with
Molten Industries and the US Department of Energy (DOE) to move
towards carbon-neutral steel production, among others.
U. S. Steel launched products like COASTALUME™ with DuPont™ in
2023, a highly sustainable roofing and siding solution, while
undertaking a variety of advanced process improvement projects
including a $150 million investment in its DR-grade pellet facility
at its Minnesota Ore Operations taconite plant in Keewatin,
Minnesota. Production of Indux™, a wide, ultra-thin and lightweight
steel, kicked off on the new non-grain oriented (NGO) electrical
steel line at Big River Steel in Osceola, Arkansas. The report also
notes several projects on the horizon that will further progress U.
S. Steel’s sustainability efforts, including the completion of Big
River Steel 2 later this year, additional solar power for Big River
Steel Works, and new partnerships with the DOE.
The report also points to the many ways U. S. Steel strengthened
its Culture of Caring in 2023, having been named one of the World’s
Most Ethical Companies® by Ethisphere for the third consecutive
year, while earning a top score on the Disability Equality Index
and a perfect score on the Human Rights Campaign Foundation’s
Corporate Equality Index. In 2023, U. S. Steel continued
prioritizing safety and health as the company operated all its
facilities with zero heat-related OSHA Recordable Injuries for the
second consecutive year and achieving a record low OSHA Days Away
from Work (DAFW) rate of 0.04, just a fifteenth of the U.S. Bureau
of Labor Statistics’ Iron and Steel benchmark DAFW rate of
0.60.
“U. S. Steel has a culture of caring that carries through how we
treat our people all the way to the products we build. From our
greenhouse gas emissions reductions and recycling progress, to the
strength of our workplace for everyone including the LGBTQ+
community, veterans and more, U. S. Steel is committed to its
values. Excitingly, this report also lays out a path to do even
more in the years ahead,” said U. S. Steel Head of Sustainability,
Erika Chan.
To view the full U. S. Steel 2023 Sustainability Report, click
here.
About U. S. Steel
Founded in 1901, United States Steel Corporation is a leading
steel producer. With an unwavering focus on safety, the Company’s
customer-centric Best for All® strategy is advancing a more secure,
sustainable future for U. S. Steel and its stakeholders. With a
renewed emphasis on innovation, U. S. Steel serves the automotive,
construction, appliance, energy, containers, and packaging
industries with high value-added steel products such as U. S.
Steel’s proprietary XG3® advanced high-strength steel. The Company
also maintains competitively advantaged iron ore production and has
an annual raw steelmaking capability of 22.4 million net tons. U.
S. Steel is headquartered in Pittsburgh, Pennsylvania, with
world-class operations across the United States and in Central
Europe. For more information, please visit www.ussteel.com.
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