ArcelorMittal South Africa Ltd 2022 IR
The report details ArcelorMittal South Africa's performance and strategic progress during the 2022 financial year. Despite facing significant operational challenges, including rail logistics constraints and industrial action, the company achieved an EBITDA of R4 274 million and a profit from operations of R3 499 million. Key highlights include the publication of its first decarbonisation roadmap in January 2023, aiming for net-zero operations by 2050, and a fourfold increase in environmental capital expenditure to R338 million. Additionally, the company completed the mid-life blast furnace reline at Newcastle and advanced plans for a 200MW renewable energy project at Vanderbijlpark.
Company: ArcelorMittal South Africa Ltd
Sector: Manufacturing
Country: South Africa
Year: 2022
Type: IR
Pages: 79
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ArcelorMittal South Africa Ltd
Integrated Report
The report details ArcelorMittal South Africa's performance and strategic progress during the 2022 financial year. Despite facing significant operational challenges, including rail logistics constraints and industrial action, the company achieved an EBITDA of R4 274 million and a profit from operations of R3 499 million. Key highlights include the publication of its first decarbonisation roadmap in January 2023, aiming for net-zero operations by 2050, and a fourfold increase in environmental capital expenditure to R338 million. Additionally, the company completed the mid-life blast furnace reline at Newcastle and advanced plans for a 200MW renewable energy project at Vanderbijlpark.
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Document Details
Report Year
2022
Reporting Period
Jan 1, 2022 - Dec 31, 2022
Fiscal Year
2022
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Water Consumption
Women in Management
Workplace Fatalities
Net Zero Target
Employees