developbc wrote: This bodes very well for PYR when more and more major industry giants are committed to go green and move away from bio-diesel fuels!!!
U. S. Steel Releases 2019 Sustainability Report
2020-05-29 16:38 ET - News Release
PITTSBURGH -- (Business Wire)
United States Steel Corporation (NYSE:X) today released its 2019 Sustainability Report, detailing its accomplishments in Environmental, Social and Governance (ESG) issues of importance to the company and its stakeholders. The report explores how the company’s “best of both” strategy is transforming U. S. Steel into a sustainable, competitive business that will continue to contribute to the future well-being of its employees, customers, suppliers, partners, stockholders and communities in which it operates.
“ESG and sustainability-focused initiatives are top priorities for our company,” said U. S. Steel President and Chief Executive Officer David B. Burritt. “By integrating these priorities with our strategy of ‘best of both’ integrated and mini mill technologies, we are building a truly sustainable future for U. S. Steel and our stakeholders. We must continue to implement industry best practices, with a particular focus on safety, efficiency, environmental stewardship and innovation, that endure for future generations. This report is an important feature of our resolve to address the areas that matter most to our stakeholders.”
U. S. Steel’s sustainability framework is centered around safety and health, governance, ethics, innovation, protection of the environment, greenhouse gas emissions, community engagement, and people, inclusion and diversity. The report, aligned with the Global Reporting Initiative (GRI), also includes an accounting of the company’s significant progress toward goals on sustainability-related issues. Highlights of 2019 performance include:
- Achieving a new company safety record with a Days Away from Work Rate of 0.10 for 2019, which is 80 percent better than the Bureau of Labor Statistics for Iron and Steel rate of 0.70.
- Establishing a global greenhouse gas (GHG) emissions intensity reduction goal in 2019 that recognizes the need to achieve GHG emissions reductions using mini mills, energy-efficiency initiatives, and through continuous improvement to U. S. Steel’s integrated steelmaking facilities. The Company has committed to a 20% reduction in its global GHG emissions intensity by 2030 based on 2018 baseline levels; and
- Recycling an average of approximately 3 million tons annually of scrap steel in processes to create new steel, without any loss in the material’s mechanical properties.
The paperless report can be accessed on U. S. Steel’s website at www.ussteel.com.
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United States Steel Corporation, headquartered in Pittsburgh, Pa., is a leading integrated steel producer and Fortune 250 company with major operations in the United States and Central Europe. For more information about U. S. Steel, please visit www.ussteel.com.