Letter to EIB regarding a planned loan for ArcelorMittal
October 19, 2009
The letter by NGO coalition Global Action on Arcelor Mittal (GAAM), follows the discovery of EIB considerations of a loan for steel company ArcelorMittal and informs the EIB of ArcelorMittal’s extremely poor environmental, social and transparency record in many countries. As the worlds largest steel company ArcelorMittal could access financing from other sources, and there is no added value in providing a low-interest public loan to the company. GAAM and Bankwatch therefore urge the EIB not to approve any loan to ArcelorMittal in the foreseeable future.
ArcelorMittal continues to pollute and uproot peoples lives
May 12, 2009
ArcelorMittal needs to move beyond good intentions on environmental and social improvements and turn words into deeds. Despite its rhetoric on social responsibility, the company continues to destroy the environment, risk peoples lives and displace local communities, according to a new report launched today by the Global Action on ArcelorMittal coalition to coincide with the company’s annual shareholder meeting in Luxembourg.
ArcelorMittal: Going nowhere slowly. A review of the global steel giant’s environmental and social impacts in 2008-2009.
May 12, 2009
This new report reviews the company’s environmental and social impacts during the years 2008-2009 since the coalition Global Action on ArcelorMittal published its first report on the company in May 2008. The new report includes case studies from Bosnia-Herzegovina, the Czech Republic, India, Kazakhstan, Liberia, Romania and South Africa.
Request for EBRD evaluation of ArcelorMittal investments addressed to Evaluation and Environment Department
December 28, 2008
On January 14, 2009 EBRD responded to our request. Download the response as pdf here.
Request for EBRD evaluation of ArcelorMittal investments addressed to Board of Directors
December 28, 2008
Letter requesting the EBRD to undertake a thorough evaluation of the bank’s investments in “Arcelor Mittal” and its predecessors since 2001. On January 14, 2009 EBRD responded to our request. Download it as pdf here.
A letter to Ukrainian president Yuschenko regarding memorandum between government of Ukraine and ArcelorMittal Kriviy Rih
December 2, 2008
A letter to Ukrainian president exposes the agreement between the Ukraine’s government and ArcelorMittal. In that agreement the company asks for reduced energy rates and delayed implementation of energy saving projects, while, on the contrary, the EBRD has lended money for modernization and improving the energy efficiency of the plant. Download ukrainian version in Microsoft Word format here.
A letter to Kazakh president Nazarbayev regarding special agreement with ArcelorMittal
December 2, 2008
The letter highlights the recently-signed memorandum of understanding between Kazakh government and ArcelorMittal Temirtau that grants the company a number of special conditions, like fixed pollution fees regardless of the actual volume of pollutant emissions, and a fixed corporate income tax regardless of the results of the company’s financial activities.
Letter to ArcelorMittal – Stop sacrificing miners in Kazakhstan
June 10, 2008
Global Action on ArcelorMittal is appalled by the recent accident in ArcelorMittal owned Tentekskaya, mines in the Karaganda region of central Kazakhstan. Five miners are feared dead following an accident on the early morning of June 2, 2008 following a cave-in and methane leak. This is the second accident in the companys Kazakh mines this year, after 30 miners were killed in a mine explosion in January. Our sincere sympathies are extended to the families of the miners who have lost their lives.
EBRD support for ArcelorMittal Temirtau is failing to stem pollution and accidents
May 19, 2008
In 2007 the EBRD approved a USD 100 million loan for ArcelorMittal Temirtau (AMT), a metal and mining complex in the Karaganda region of Central Kazakhstan in order to support further improvements to Mittal Steel Temirtaus health and safety practices at its coal mines in Karaganda with the aim to bring them in line with international best practice.
Dead workers, stinking pollution and forced evictions: New report highlights ArcelorMittal’s global trail of destruction
May 13, 2008
A newly-formed coalition of environmental and community groups [1] – Global Action on ArcelorMittal – today released a report showing how local residents and workers around the world pay the price of ArcelorMittal’s success.
