ArcelorMittal hires dss to carry out group security audit

MADRID, 22 Dic.

ArcelorMittal hires dss to carry out group security audit


Following a competitive bidding process, ArcelorMittal has engaged sustainable operations management consulting services provider dss to conduct a company-wide audit of its security practices, which will include more than 350 sites, with key recommendations published in September 2024.

The multinational steel company had announced on November 9, along with its third quarter results, that it would commission a comprehensive safety audit from third parties independent of its operations to identify gaps and strengthen its actions, processes and safety culture to help prevent accidents. serious.

The audit, which will begin immediately and continue for a period of approximately nine months, will include evaluations of comprehensive standards for the three main occupational risks causing serious injuries and deaths, as well as an in-depth examination of all systems, processes , health and safety structures and capabilities; governance and assurance processes; and systems and data management.

"This audit is of utmost importance and we are committed to ensuring that its findings contribute to making ArcelorMittal a better and safer company," said Aditya Mittal, CEO of ArcelorMittal.

On December 8, ArcelorMittal completed the sale of ArcelorMittal Temirtau, its mining and steel operation in Kazakhstan, to the investment fund Qazaqstan Investment Corporation (QIC), controlled by the State, in exchange for 286 million dollars (265 million euros ) at closing and another 250 million dollars (232 million euros) as payment of pending intragroup fees.

ArcelorMittal will also receive an additional payment guaranteed by the sovereign fund of 450 million dollars (417 million euros), payable in four equal annual installments, as payment for an intra-group loan.

At the end of October, ArcelorMittal confirmed that after talks that had been held "for months" with the Government of Kazakhstan, a preliminary agreement had been reached to transfer ownership of ArcelorMittal Temirtau where a fire in one of the mines caused the death of 45 workers.