---
id: 216
title: "Steel Giant is one of CFI’s Corporate Leaders, 2012"
award_year: 2012
published: 2012-09-27 21:18:37
published_gmt: 2012-09-27 21:18:37
author: "CFI.co Editorial"
url: "https://cfi.co/awards/asia-pacific/2012/steel-giant-is-one-of-cfis-corporate-leaders-2012/"
categories: ["Asia Pacific", "Best Practice", "CSR", "Corporate Governance", "Corporate Leadership", "Industries", "Middle East", "Mining", "Oil & Gas", "Sustainability"]
content_class: award_rationale
independence_status: independent_editorial
sponsor_disclosure: none
editorial_lens: constructive_positive_lens
historical_status: current_at_publication
correction_status: none
archive_policy: no_delete
provenance_layer: github_versioned
wayback_status: archived
wayback_first_snapshot: 20210724005501
wayback_snapshot_url: "http://web.archive.org/web/20210724005501/https://cfi.co/awards/asia-pacific/2012/steel-giant-is-one-of-cfis-corporate-leaders-2012/"
license: CFI-OAAL-1.0
content_sha256: 46f13e2b38a5ad1b960d2b75f823c6cba30f17c54ddce109a1a2cb7051422e5b
canonical: 216-steel-giant-is-one-of-cfis-corporate-leaders-2012.json
---

# Steel Giant is one of CFI’s Corporate Leaders, 2012

> Verbatim archived copy. Canonical machine record: `216-steel-giant-is-one-of-cfis-corporate-leaders-2012.json`.

<p style="text-align: justify;"><a href="https://cfi.co/awards/wp-content/uploads/2012/09/arcelor-mittal.jpg"><img class="  wp-image-221 aligncenter" title="arcelor-mittal" src="https://cfi.co/awards/wp-content/uploads/2012/09/arcelor-mittal-300x225.jpg" alt="" width="210" height="158" /></a><strong>Arcelor Mittal is a global leader in steel and mining. </strong></p>
<p style="text-align: justify;">The CFI judging panel pointed to the philanthropy as well as the extraordinary business acumen of chairman and CEO Lakshmi Mittal who founded the Mittal Steel Company in 1976 (Arcelor is its successor). Education, health and community development are at the heart of the company’s CSR concerns. The judges praised the Arcelor Mittal Foundation which works for the sustainable development of local communities. Bem Bank in Brazil is a microcredit facility supported by AM and serves 3000 people. The panel congratulated this Corporate Leadership Award winner on its Gender Diversity Steering Group, its success in encouraging employees to take up voluntary work in communities and the redevelopment aid provided by the Company following the earthquake in Haiti.</p>