6. Case Study In 2008, ArcelorMittal South Africa had a target of investing 1% of net profit after tax incorporate social investment initiatives. However, company-wide cost-cutting meant only R21 million of the originally-budgeted R57 million were spent. Comprising case studies from seven countries ranging from the Czech Republic to India and South Africa, the report reveals new problems emerging around ArcelorMittal’s iron ore mining operations in Nimba County, Liberia, including unclear resettlement plans for local people, a lack of permanent employment from the mine, threats to the Mount Nimba Nature Reserve, and a questionable donation of 100 pick-up trucks. The report highlights that despite ArcelorMittal's rhetoric on social responsibility, it continues to destroy the environment, risk people’s lives and displace local communities http://globalactiononarcelormittal.blogspot.com/
9. The thing is this: No amount of CSI money can outspend a bad reputation Neither can an advertisement convince people that there is: Meaningful Contribution Real change or impact If there is no evidence to support it