ArcelorMittal is First Steel Company to be Named Energy Star Partner of the Year
03/13/2008 - The U.S. EPA and U.S. Department of Energy select ArcelorMittal USA as a 2008 ENERGY STAR Partner of the Year for Energy Management by for its outstanding contributions to protecting the environment and reducing greenhouse gas emissions through energy efficiency.
The U.S. EPA and the U.S. Department of Energy have selected ArcelorMittal as a 2008 ENERGY STAR(R) Partner of the Year for Energy Management by for its outstanding contributions to protecting the environment and reducing greenhouse gas emissions through energy efficiency.
In late 2005, ArcelorMittal challenged its employees to reduce energy intensity by 6% over a three-year time period using 2005 as the baseline.
That challenge—which equates to a reduction of $192 million in energy costs by 2009—is one outcome of the ArcelorMittal Energy Committee, which was established in late 2005 with representatives from each of the company’s U.S. facilities.
Energy teams were formed at each plant to find ways to engage employees in the energy awareness effort and to identify strategies to improve energy efficiency in their facility.
Each facility was responsible for setting energy reduction goals at their respective plants.
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ArcelorMittal is one of three new companies to receive the 2008 Energy Management award and the first steel company ever to achieve the distinction. ArcelorMittal joins a group of distinguished past ENERGY STAR winners including Toyota, PepsiCo, Ford, Merck, J.C. Penney, McDonald's, and Raytheon.
In late 2005, ArcelorMittal challenged its employees to reduce energy intensity by 6% over a three-year time period using 2005 as the baseline.
"ArcelorMittal's commitment to energy reduction is viewed as an ongoing process and does not end after year three or when reduction goals are achieved. This initiative is a companywide, continuous commitment to energy reduction and sustainability," said Mike Rippey, President and CEO, ArcelorMittal USA.
The company’s commitment to energy conservation—which equates to a reduction of $192 million in energy costs by 2009—is one outcome of the ArcelorMittal Energy Committee, which was established in late 2005 with representatives from each of the company’s U.S. facilities. Energy teams were formed at each plant comprising the Plant Manager, plant energy champion, departmental energy leaders, and other key department leaders from accounting, procurement, environmental and human resources. Teams were charged with engaging employees in the energy awareness effort and to identify strategies to improve energy efficiency in their facility. Each facility was responsible for setting energy reduction goals at their respective plants.
The energy committee launched the ArcelorMittal Energy Reduction Initiative in January 2006. The three-year Initiative provided an energy plan for the immediate future that would allow ArcelorMittal to decrease its energy and carbon intensity and, at the same time, improve its bottom line. The initiative was designed to attain energy reductions quickly and to build a base for continuous improvement in energy reductions.
"ArcelorMittal's leadership in managing their energy use is a model for other businesses looking for ways to protect the environment," said Robert J. Meyers, Principal Deputy Assistant Administrator for EPA's Office of Air & Radiation. "Because commercial and industrial facilities account for half of all energy consumption in the U.S. and are responsible for nearly half of U.S. greenhouse gas emissions, energy management is a critical element in our efforts on climate change."
ArcelorMittal credits the support given to the ArcelorMittal Energy Reduction Initiative as a key factor in its success, including support from the Group Management Board, from ArcelorMittal USA and plant management, and from those working on the shop floor.
ArcelorMittal also has been committed to spreading the word about energy conservation—and the ENERGY STAR program—to its employees, families, suppliers and end users, even the general public. Since 2006, ArcelorMittal has distributed more than 20,000 compact fluorescent light bulbs to its employees in the United States as well as community and business leaders. For 2006-2007, ArcelorMittal (then Mittal Steel) was ranked as one of the top 10 companies in the nation for collecting the most pledges for the ENERGY STAR's "Change a Light" pledge campaign.
ArcelorMittal is the world's largest steel company, with 310,000 employees in more than 60 countries. The company leads a number of major global markets, including automotive, construction, household appliances and packaging, with leading R&D and technology, as well as sizeable captive supplies of raw materials and outstanding distribution networks. An industrial presence in 28 European, Asian, African and American countries exposes the company to key steel markets, from emerging to mature, positions it will be looking to develop in the high-growth Chinese and Indian markets.
ArcelorMittal’s key unaudited financials for 2007 show revenues of USD 105.2 billion, with a crude steel production of 116 million tonnes, representing around 10% of world steel output.