The report highlights Algoma's commitment to incorporating ESG factors into its core strategic objectives to generate value for its investors, employees, local communities, and suppliers. The report outlines the company's ESG strategy and approach to mitigating ESG risks and capturing ESG opportunities, and provides an update on the Company's ESG performance. The report also demonstrates Algoma's commitment to transitioning to EAF steelmaking by the end of 2024, which will significantly lower its GHG emissions compared to its blast furnace steel production. The report showcases Algoma's track record of success, including its collaboration with the Canadian Steel Producers Association (CSPA) and its efforts to obtain government funding to support its EAF steelmaking project.
