ArcelorMittal, a global leader in the steel industry, is headquartered in Luxembourg (LU) and operates across major regions including Europe, the Americas, Asia, and Africa. Founded in 2006 through the merger of Arcelor and Mittal Steel, the company has since established itself as a key player in the production of basic iron, steel, ferro-alloys, and their first products.
Specialising in high-quality steel solutions, ArcelorMittal offers a diverse range of products, including flat and long steel products, which are essential for various sectors such as automotive, construction, and energy. The company is renowned for its commitment to sustainability and innovation, positioning itself as a pioneer in environmentally responsible steel production. With a strong market presence and numerous accolades, ArcelorMittal continues to shape the future of the steel industry.
+13 vs industry average
Arcelormittal’s score of 29 is higher than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Iron and Steel Production is among the most carbon-intensive industries
Industry performance
The Iron and Steel Production industry has reduced its overall emissions by 27% since 2019
Emissions trajectory 2020 – 2028
Reported emissions
Scope 3 accounts for ••• of total emissions.
Arcelormittal's reported carbon emissions
ArcelorMittal, a leading global steel producer headquartered in Luxembourg, has reported significant progress in its carbon emissions reduction journey. **Emissions Data:** * **2025:** Scope 1 and 2 emissions were approximately 98.3 billion kg CO2e. * **2024:** Scope 1 and 2 emissions totalled approximately 101.4 billion kg CO2e. * **2023:** Scope 1 emissions were around 108.2 billion kg CO2e, Scope 2 emissions (market-based) were approximately 6.6 billion kg CO2e, and Scope 3 emissions were about 6.3 billion kg CO2e. Total Scope 1 and 2 emissions for 2023 were approximately 98.5 billion kg CO2e. * **2022:** Scope 1 emissions amounted to approximately 113.4 billion kg CO2e, Scope 2 emissions (market-based) were about 5.9 billion kg CO2e, and Scope 3 emissions were approximately 6.4 billion kg CO2e. Total Scope 1 and 2 emissions for 2022 were about 106.2 billion kg CO2e. * **2021:** Total emissions were approximately 147.3 billion kg CO2e, with Scope 1 at about 131.7 billion kg CO2e, Scope 2 (market-based) at approximately 7.5 billion kg CO2e, and Scope 3 at about 8.1 billion kg CO2e. * **2020:** Scope 1 and 2 emissions were approximately 130.5 billion kg CO2e. * **2019:** Scope 1 and 2 emissions were about 151.8 billion kg CO2e. * **2018:** Scope 1 and 2 emissions were approximately 135.5 billion kg CO2e. * **2017:** Scope 1 emissions were around 18.4 billion kg CO2e, and purchased electricity for Scope 2 was approximately 83.4 million kg CO2e. * **2016:** Total emissions were approximately 204 billion kg CO2e, comprising Scope 1 at about 176 billion kg CO2e, Scope 2 at roughly 14 billion kg CO2e, and Scope 3 at approximately 14 billion kg CO2e. * **2015:** Total emissions were approximately 205 billion kg CO2e, including Scope 1 at about 176 billion kg CO2e, Scope 2 at roughly 16 billion kg CO2e, and Scope 3 at approximately 13 billion kg CO2e. * **2014:** Total emissions were around 203 billion kg CO2e, with Scope 1 at approximately 174 billion kg CO2e, Scope 2 at about 17 billion kg CO2e, and Scope 3 at roughly 15 billion kg CO2e. **Climate Commitments and Targets:** ArcelorMittal has set ambitious targets to reduce its carbon footprint. Key commitments include: * A long-term ambition for net zero by 2050. * A global carbon emissions intensity reduction target of 25% for 2030, on a Scope 1 and 2 basis. * An increased European 2030 carbon emissions intensity reduction target of 35%, up from a previous target of 30%. * Aspires to be carbon-neutral in Europe by 2050. The company's emission data is not cascaded from a parent organization, indicating direct reporting.
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Arcelormittal’s Climate Goals (2030 & 2050)
5 goals2050
ArcelorMittal has for the first time announced a 2030 global…
ArcelorMittal has for the first time announced a 2030 global carbon emissions intensity reduction target of 25%. It has also increased its E…
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Arcelormittal
Frequently asked questions
Common questions about Arcelormittal’s sustainability data and climate commitments
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