U.S. Steel releases sustainability report outlining ESG initiatives

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United States Steel Corporation (U.S. Steel) recently released its 2020 Sustainability Report that updates stakeholders on its Best for All strategy, which outlines its environmental, social and governance (ESG) initiatives.

The report, Doing What’s Best for Our Most Demanding Customer, highlights progress made in areas like process and product innovation and discusses advances made to date in 2021, including the goal to achieve net zero carbon emissions by 2050.

“Sustainability is interwoven as an essential element of our overall corporate strategy because we know that it is critical to our ongoing success,” Rich Fruehauf, U.S. Steel’s chief strategy and sustainability officer, said. “We must ensure that we continue to excel in safety. We must continually reduce our impact on the environment. We must maintain a workplace where diverse talents are empowered to achieve their full potential. We must support our communities. And we must be flexible and resilient as we deliver valuable solutions to our customers. We invite all of our stakeholders to review our full sustainability report to learn more about our efforts and the progress we have made this past year.”

Headquartered in Pittsburgh, U.S. Steel was founded in 1901. The company has an annual raw steelmaking capability of 26.2 million net tons.