Ethisphere Names U. S. Steel One of the World’s Most Ethical Companies® for the Fourth Consecutive Year
19 March 2025
United States Steel Corporation announced today that it has been named “one of the 2025 World’s Most Ethical Companies®” by Ethisphere, a global leader in defining and advancing the standards of ethical business practices. Earning this prestigious recognition for a fourth consecutive year attests to the excellence of U.S. Steel’s ethics and compliance program as well as its commitment to continuous improvement, even as the bar for distinction keeps being raised.
Integral to U. S. Steel’s ethical culture are its S.T.E.E.L. Principles, an extension of what is widely believed to be the first-ever corporate code of ethics developed more than a century ago by company co-founder Judge Elbert Gary.
“Our S.T.E.E.L. Principles are foundational to the unequivocal ethics we display in our daily business activities and across our organization at every level,” said President and Chief Executive Officer of U. S. Steel, David B. Burritt. “That Ethisphere has once again recognized U. S. Steel as one of the World’s Most Ethical Companies® reinforces our reputation as a corporation dedicated to promoting a strong ethical culture that builds value for everyone.”
Today, as throughout its storied history, U. S. Steel is guided by the integrity, fairness, and accountability prescribed by those principles, and is dedicated to incorporating them in every facet of its business with employees, business partners, investors, and communities.
“As U.S. Steel's Chief Ethics & Compliance Officer, it is my profound honor to acknowledge our recognition as one of Ethisphere’s 2025 World’s Most Ethical Companies®. This accolade is a testament to how our values and S.T.E.E.L. Principles guide our employees’ actions across all our facilities and from one generation to the next,” said Duane Holloway, Senior Vice President, General Counsel, and Chief Ethics & Compliance Officer of U. S. Steel.
Victoria McKenney, Deputy General Counsel & Deputy Chief Compliance Officer, adds, “Earning our fourth consecutive designation as a World’s Most Ethical Companies Honoree® demonstrates our commitment to continuously improving our leading ethics and compliance program as the bar for excellence keeps being raised, and validates the positive impact we are creating for our stakeholders year after year.”
Since 2022, U. S. Steel has been recognized four times, and in 2025, is the only honoree in the Metals, Minerals & Mining industry.
“Congratulations to U. S. Steel for achieving recognition as one of the World’s Most Ethical Companies®. Behind this honor is a true dedication and a commitment to advancing business integrity. This approach is good for business – employees and other stakeholders value companies that prioritize the kinds of practices we measure with our process,” said Erica Salmon Byrne, Ethisphere’s Chief Strategy Officer and Executive Chair.
Ethics & Performance: The Ethics Premium
The listed 2025 World’s Most Ethical Companies® Honorees outperformed a comparable index of global companies by 7.8 percentage points from January 2020 to January 2025.
Methodology & Scoring
The World's Most Ethical Companies assessment is grounded in Ethisphere's proprietary Ethics Quotient®, which requires companies to provide 240+ different proof points on practices that support robust ethics and compliance; governance; a culture of ethics; environmental and social impact; and initiatives that support a strong value chain. That data undergoes further qualitative analysis by our panel of experts who spend thousands of hours vetting and evaluating each year's group of applicants. This process serves as an operating framework to capture and codify best-in-class ethics and compliance practices from organizations across industries and from around the world.
About U. S. Steel:
Founded in 1901, U. S. Steel delivers profitable and sustainable steel solutions. Propelled by its talented employees and an unwavering focus on safety, U. S. Steel serves the automotive, construction, appliance, energy, containers, and packaging industries with high value-added steel products. Steel production begins with our competitively advantaged iron ore production capabilities which fuel our integrated steelmaking facilities and investments in electric arc furnaces. To help our customers create the best products with the fewest emissions, we are committed to reaching net-zero greenhouse gas emissions by 2050. U. S. Steel is at the forefront of creating steels that are stronger, lighter, and better for the environment. This includes our proprietary XG3® advanced high-strength steel, verdeX® steel produced with 70-80% lower CO2 emissions with a recycled content of up to 90%, and ultra-thin lightweight InduX™ steel for electric vehicles, generators, and transformers. U. S. Steel maintains operations across the United States and in Central Europe and is headquartered in Pittsburgh, Pennsylvania. For more information, please visit www.ussteel.com and follow U. S. Steel on LinkedIn, Instagram, Facebook, and X.
About Ethisphere:
Ethisphere is the global leader in defining and advancing the standards of ethical business practices that strengthen corporate brands, build trust in the marketplace, and deliver business success. Companies turn ethics, compliance, and culture into a business advantage by leveraging Ethisphere’s data-driven program and culture assessments featuring the latest guidance and the practices of hundreds of global organizations across the 8 pillars of an ethical culture, and 240+ ethics, compliance, social, and governance data points delivered through a proprietary software platform. Ethisphere also honors superior integrity programs through World’s Most Ethical Companies® recognition, brings together a community of industry experts with the Business Ethics Leadership Alliance (BELA), and advances ethical business practices through the Global Ethics Summit, Ethisphere Magazine and the Ethicast podcast. For more information, visit https://ethisphere.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250310694354/en/
Contacts:
U. S. Steel Media Relations:
T - (412) 433-1300
E - media@uss.com
Source: United States Steel Corporation
Ethisphere Names U. S. Steel One of the World’s Most Ethical Companies® for Third Consecutive Year
6 March 2024
United States Steel Corporation today announced that it has been named “one of the 2024 World’s Most Ethical Companies®” by Ethisphere, the global leader in defining the standards of ethical business practices. This marks the third consecutive year that U. S. Steel has received this widely sought-after recognition, a testament to the company’s differentiated ethics and compliance programs and its ongoing dedication to its Best for All® strategy.
U. S. Steel’s commitment to a strong ethical culture is rooted in the company’s founding more than a century ago, when its co-founder and first chairperson, Judge Elbert Gary, developed what is widely considered to be the first-ever corporate code of ethics. U. S. Steel’s dedication to ethical conduct remains unwavering to this day and is reflected throughout the organization and in its business dealings with clients, customers, investors, and employees – all of which are characterized by the highest level of integrity.
“Being recognized by Ethisphere as one of the 2024 World’s Most Ethical Companies® demonstrates how we align our S.T.E.E.L. Principles with action, each and every day. That this is the third consecutive time we’ve earned this distinction also validates the positive impact we are creating for our stakeholders year after year,” said President and Chief Executive Officer of U. S. Steel, David B. Burritt.
“Earning our third consecutive designation as A World’s Most Ethical Companies Honoree® is a testament to our strong ethical culture – characterized by transparency, responsibility, and accountability – and a powerful validation of exemplary corporate citizenship that benefits all our stakeholders, including our business partners, employees, communities, and investors,” said Duane Holloway, Senior Vice President, General Counsel, and Chief Ethics and Compliance Officer of U. S. Steel.
“It’s always inspiring to recognize the World’s Most Ethical Companies®. Through the rigorous review process, we see the dedication of these organizations to continually improving their ethics, compliance, and governance practices to the benefit of all stakeholders,” said Erica Salmon Byrne, Ethisphere’s Chief Strategy Officer and Executive Chair. “Companies that elevate best-in-class cultures of ethics and integrity set a standard for corporate citizenship for their peers and competitors to follow. Congratulations to U. S. Steel for achieving this honor and demonstrating that strong ethics is good business.”
Methodology & Scoring
The World’s Most Ethical Companies assessment is grounded in Ethisphere’s proprietary Ethics Quotient®, an extensive questionnaire that requires companies to provide over 240 different proof points on their culture of ethics; environmental, social, and governance (ESG) practices; ethics and compliance program; diversity, equity, & inclusion; and initiatives that support a strong value chain. That data undergoes further qualitative analysis by Ethisphere’s panel of experts who spend thousands of hours vetting and evaluating each year’s group of applicants. This process serves as an operating framework to capture and codify truly best-in-class ethics and compliance practices from organizations across industries and from around the world.
About U. S. Steel
Founded in 1901, United States Steel Corporation is a leading steel producer. With an unwavering focus on safety, the Company’s customer-centric Best for All® strategy is advancing a more secure, sustainable future for U. S. Steel and its stakeholders. With a renewed emphasis on innovation, U. S. Steel serves the automotive, construction, appliance, energy, containers, and packaging industries with high value-added steel products such as U. S. Steel’s proprietary XG3® advanced high-strength steel. The Company also maintains competitively advantaged iron ore production and has an annual raw steelmaking capability of 22.4 million net tons. U. S. Steel is headquartered in Pittsburgh, Pennsylvania, with world-class operations across the United States and in Central Europe. For more information, please visit www.ussteel.com.
About Ethisphere
Ethisphere® is the global leader in defining and advancing the standards of ethical business practices that strengthen corporate brands, build trust in the marketplace, and deliver business success. Ethisphere has deep expertise in measuring and defining core ethics standards using data-driven insights that help companies build strong cultures of ethics and integrity. Ethisphere honors superior achievement through its World’s Most Ethical Companies® recognition program, provides a community of industry experts with the Business Ethics Leadership Alliance (BELA), and showcases trends and best practices in ethics with Ethisphere Magazine. Ethisphere also advances business performance through data-driven assessments, guidance, and benchmarking against its unparalleled data: the Culture Quotient dataset reflecting the ethical business practices of 3+ million employees around the world; and the Ethics Quotient dataset, featuring 240+ data points on the ethics, compliance, social, and governance practices of the World’s Most Ethical Companies. For more information, visit https://www.ethisphere.com.
©2024 U. S. Steel. All Rights Reserved
Contacts
U. S. Steel Media Relations
T - (412) 433-1300
E – media@uss.com
Source:businesswire.com