United States Steel Corp: Can iconic US steelmaker sustain upward ESG trajectory?July 10, 2019
Research briefs are only available to current customers. If you would like to learn more about our Platform and Data products and how we generate unique investment ideas, contact us.
In the past several years US Steel has been an ESG underperformer, but recent events in environment and human capital areas demonstrate ESG Momentum and may signal a turnaround:
- Regarding emissions, US Steel made a $1 billion investment at its Mon Valley operations to introduce new ‘endless rolling and casting’ facilities, as well as a new co-generation facility
- US Steel could increase its competitive advantage by joining peers in researching new hydrogen-based steel production processes seen by some analysts as the industry’s “holy grail”
- Spotlight events for United States Steel suggest that by investing in environmental improvements, the company may see an opportunity to reduce environmental risks, and labor investments may improve operating efficiency, and longer-term prospects
Compensation and Benefits
Recruitment, Development, and Retention