Corporate Transparency

Compliance is defined by an organisation’s ability to observe international laws and regulations, as well as by its ability to guarantee respect for the organisation’s code of ethics and values. This attitude is firmly embedded in our daily business routine, independent of one’s location or one’s role in the organisation.

The goal is to guarantee transparency in the decision-making and organisation of our enterprise which has at its disposition a strong global network of compliance agents that is managed from Luxembourg.

How can we be sure that we meet the highest standards of integrity?
Working at ArcelorMittal includes an obligation to treat our colleagues, business partners, communities and other stakeholders with respect and dignity. We have to act professionally – that means to be in conformity with our code of business conduct, to attend all necessary compliance training, to apply the rules at all times and to report every violation of the rules to the person responsible for business and ethics.

In order to reach these goals, ArcelorMittal has prepared a comprehensive programme of compliance procedures and trainings. Our employees receive training sessions – either online or in seminars – in business behaviour, anti-corruption guidelines, anti-cartel guidelines, guidelines for business sanctions, whistle-blowing rules, human rights and insider trade regulation.

In 2010, ArcelorMittal published its human rights principles in 19 languages. This set of rules prescribes the principles that define our actions and behaviour as they relate to human rights.

The ArcelorMittal principles of human rights cover the following areas:

  • Promotion of health and safety;
  • Promotion of the freedom to assemble;
  • Elimination of forced and compulsory labour;
  • Abolition of child labour;
  • Elimination of unlawful discrimination at the workplace;
  • Elimination of harassment and force;
  • Elimination of competitive indemnifications and remuneration;
  • Upkeep of working conditions;
  • Avoidance of involuntary relocations;
  • Respect for the rights of indigenous peoples;
  • Acceptance of reasonable safety regulations;
  • Development of procedures for land and water usage

In addition, ArcelorMittal was listed in fourth place (out of 105) of the most transparent companies by Transparency International, a nongovernmental organisation that is engaged in the national and international fight against economic and business corruption. In the area of corporate structure, ArcelorMittal achieved a score of 100 points out of a possible 100 points.