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Public Profile
Financial Intermediation
CH
updated 5 months ago

Arcelormittal Holdings AG

Company website

ArcelorMittal Holdings AG, a leading global steel and mining company, is headquartered in Switzerland (CH) and operates extensively across 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 dominant player in the steel industry, known for its innovative production techniques and commitment to sustainability. Specialising in the manufacture of flat and long steel products, ArcelorMittal's offerings include high-strength steel, automotive steel, and construction materials, which are distinguished by their quality and versatility. The company has achieved significant milestones, including being the largest steel producer worldwide, and continues to lead in research and development, focusing on reducing carbon emissions and enhancing product performance. With a robust market position, ArcelorMittal remains a key contributor to the global economy and a pioneer in the steel sector.

DitchCarbon Score

How does Arcelormittal Holdings AG's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.

68

Industry Average

Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.

27

Industry Benchmark

Arcelormittal Holdings AG's score of 68 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.

0%

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Arcelormittal Holdings AG's reported carbon emissions

Inherited from ArcelorMittal S.A.

Arcelormittal Holdings AG, headquartered in Switzerland (CH), currently does not provide specific carbon emissions data for the most recent year, as indicated by the absence of emissions figures. The company is a current subsidiary of ArcelorMittal S.A., which may influence its climate commitments and emissions reporting. While no specific reduction targets or achievements are listed for Arcelormittal Holdings AG, it is important to note that the parent company, ArcelorMittal S.A., has established various climate initiatives. These include commitments to the Science Based Targets initiative (SBTi) and participation in the Carbon Disclosure Project (CDP), both of which aim to drive significant reductions in greenhouse gas emissions across their operations. As a current subsidiary, Arcelormittal Holdings AG may align its climate strategies with those of ArcelorMittal S.A., which has set ambitious targets to reduce emissions in line with global climate goals. However, without specific data or targets from Arcelormittal Holdings AG itself, the details of their individual commitments remain unclear. In summary, while Arcelormittal Holdings AG does not currently report specific emissions data or reduction targets, it is part of a larger corporate family that is actively engaged in climate initiatives through its parent company, ArcelorMittal S.A.

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2018201920202021202220232024
Scope 1
-
-
-
000,000,000,000
-
-
-
Scope 2
-
-
-
0,000,000,000
-
00
-
Scope 3
-
-
-
0,000,000,000
-
-
000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Arcelormittal Holdings AG's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Arcelormittal Holdings AG is in CH, which has a very low grid carbon intensity relative to other regions.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

Arcelormittal Holdings AG is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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