At our annual general meeting in May 2014 we released the first ArcelorMittal South Africa factor report. Compiled by independent researchers, the 2014 factor report details our extensive social, environmental and economic impacts and how these affect our many key stakeholders. It also offers a frank assessment of the extent to which our company and its activities underpin achievement of the objectives of the National Development Plan (NDP) – while laying bare areas for improvement.
The 2014 ArcelorMittal South Africa factor report has been widely shared with stakeholders including national, provincial and local government, non-governmental organisations, South African missions abroad, communities, employees, contractors and suppliers.
Click here for full factor report.
Here we reproduce excerpts from the 2014 factor report as they relate to targets of the NDP. Where relevant information is available, the figures in the factor report have been updated.
Economic growth engine
- R35 billion value addition representing almost 1% of direct GDP
- R0.9 billion contribution to the fiscus in various taxes and rates
- R2.5 billion in procurement spend on QSE and EME generated into the domestic economy
- R8.7 billion export revenue generated into the domestic economy
Employer, job creator and skills developer
- Over 13 000 people in direct employment
- Over 390 000 hours of training conducted with R151 million
- R46.8 million invested in technical training.
- R27.8 billion spent on over 3 500 suppliers
Impact on local communities
- 68% of new recruits employed locally
- 15 local community organisations engaged in 2014, with outcomes documented
- Utilised 1 123 vendors located in close proximity to our plants with total spend of R4.8 billion
- R18 million invested in local communities in 2014 through CSI programmes
Enabler of South African development through supply of steel
- 4.5 million tonnes of liquid steel produced: supplying just over 60% of South African steel and supporting key domestic industries
- 3.5 formal jobs created economy-wide for every R1 million spent by AMSA
- Total export rebates of R209 million paid out in 2014
Catalyst for change in South Africa
- 9 701 employees and contractor staff received health and safety training, and 598 received anti-corruption training
- 11% female employment, 59% HDSA employment and 75% unionisation
- Open disclosure of financial, environmental and social indicators
- Voluntary participant in several debates at national level
- Mostly positive
- Mostly neutral
- Mostly negative
Note: All figures as of 2014.
Source: AMSA, internal data.