Sustainability - Approach to Sustainability - Material Topics and Stakeholder Engagement - www.ussteel.com
2024 MATERIALITY ASSESSMENT
In 2024, U. S. Steel refreshed the materiality assessment conducted in 2022. We engaged more than 90 internal and 20 external stakeholders to assess and reprioritize material topics identified in 2022, including sustainability and ESG topics. We interviewed and surveyed a range of U. S. Steel leaders, as well as customers, suppliers, lenders and non-governmental organizations. The resulting insights will continue to shape our sustainability and risk-mitigation strategies.
The matrix shows our 16 material topics in relation to stakeholder importance. The nine bolded topics are our strategic priority topics as of 2024.
2024 MATERIALITY MATRIX
- Air quality
- Community engagement
- Corporate governance
- Customer engagement
- GHG emissions and climate change resiliency
- Innovation
- Responsible supply chain
- Safety and health
- Water quality
GHG emissions and climate change resiliency, and safety and health continue to be top of mind for both internal and external stakeholders. Reducing GHG emissions is key to corporate strategy and improving product sustainability to meet the growing customer demand for low-carbon products. We recognize GHG emissions as vital to meeting our net-zero commitment and demonstrating strength in the market. Safety and health was frequently cited as the number 1 priority area, highlighting it as a critical component of attracting and retaining talent, while also upholding regulatory compliance.