Case kindly provided by ArcelorMittal South Africa
ArcelorMittal South Africa released their first Factor Report9 in 2014 demonstrating their contributions to the National Development Plan. Using the WBCSD’s Measuring Impact Framework as a template, the report measures the company’s social impacts and where possible relates them to industry benchmarks and government priorities. Using a scorecard approach it evaluates these impacts. This has enabled management to make more informed decisions by devising action plans to improve performance in priority areas. The company also uses the data to demonstrate its social capital impacts to its stakeholders, through both its integrated report, and reports to national and local government.
ArcelorMittal South Africa - National Development Plan
Employer, job creator and skills developer
Impact on local communities
Over 14.800 people in direct employment due to ArcelorMittal South Africa.
70% of new recruits employed locally; 16m tonnes of material transportes on local road and rail
Over 120.000 training seats provided with R138m invested in training.
40 local community organisations engaged in 2013, with outcomes documented.
R42m invested in technical training: Multiple global steel innovations introduced to South Africa
24% spent (R5.9bn) on local suppliers of which R1.0bn on QSE and EME.
R25bn spent on over 2000 suppliers, but more emphasis on supplier development required.