As a founding industry and the largest employer in Sault Ste. Marie, Essar Steel Algoma has a direct interest in advancing and preserving the quality of life in our community. The people at Algoma continually strive to offer a responsible balance of time and resources to the community where we work and live.
In addition to a sustainable approach to minimizing environmental impact, the Company has a long history of charitable giving and corporate sponsorship with numerous community-based causes. In particular, Essar Steel Algoma's history with the United Way dates back 50 years as both a founder and a leading corporate supporter.
Employee representatives provide ongoing input into the Company's charitable giving. Quarterly meetings of the Donations Committee provide a forum for the fair and equitable review of all requests.
In the spring of 2005 Essar Steel Algoma established a Community Investment Fund for the purpose of formally administering financial contributions to charitable and non-profit causes within the City of Sault Ste. Marie and surrounding area. The $6 million fund addresses community needs in the following areas of focus:
- Healthcare
- Education
- Sports & Recreation
- Social Services
- Arts, Culture and Environment
The Community Investment Fund has a five year term, expiring December 31, 2009. The Fund administers both cash donations and in-kind contributions of product or service.
Community Investment Fund Fact Sheet