Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) has announced the release of its 2024 Sustainability Report, covering the transition period from April 1 to December 31, 2024. The report highlights Algoma's progress in key sustainability areas, including advancements in enterprise risk management, business planning frameworks, and a commitment to workplace safety and community engagement. Notably, the report details Algoma's strides toward completing Canada's largest industrial decarbonization project. Once operational, the Electric Arc Furnace $(EAF)$ is expected to reduce carbon emissions by approximately 70%, establishing Algoma as a leader in green steel production. The report is prepared in alignment with the Sustainability Accounting Standards Board (SASB) and the Task Force on Climate-related Financial Disclosures (TCFD), emphasizing the company's dedication to transparency and accountability. The full report is available at www.algoma.com.
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