Arcelormittal

ArcelorMittal, headquartered in Luxembourg and a major player in basic iron and steel production, reported Scope 1 and 2 emissions of approximately 98.3 billion kg CO2e in 2025. In the preceding year, 2024, their combined Scope 1 and 2 emissions were around 101.4 billion kg CO2e. For 2023, the company disclosed Scope 1 emissions of approximately 108.2 billion kg CO2e, Scope 2 market-based emissions of about 6.6 billion kg CO2e (or 8.5 billion kg CO2e on a location-based basis), and Scope 3 emissions totalling approximately 6.3 billion kg CO2e.

ArcelorMittal has set climate commitments, including an ambition to achieve net-zero emissions by 2050, initially announced in September 2020. The company aims for a 25% global carbon emissions intensity reduction target by 2030, covering Scope 1 and 2 emissions. Furthermore, its European 2030 carbon emissions intensity reduction target has been increased to 35% from the previously announced 30%. Based on recent investment decisions, ArcelorMittal expects to reduce its carbon emissions intensity by up to 10% by 2030, compared to 2018 levels, for Scope 1 and 2. The company also aspires to be carbon-neutral in Europe by 2050.