CLN, officially known as ArcelorMittal CLN, is a prominent player in the steel industry, headquartered in Italy. Founded in 2002, the company has established itself as a leader in the production of high-quality steel products, particularly in the automotive and construction sectors. With a strong operational presence across Europe, CLN has achieved significant milestones, including advancements in sustainable steel production.
The company offers a diverse range of products, including cold-rolled and hot-rolled steel, which are distinguished by their superior quality and innovative manufacturing processes. CLN's commitment to sustainability and technological excellence has positioned it as a key supplier in the market, earning recognition for its contributions to the steel industry. With a focus on customer satisfaction and continuous improvement, CLN remains a trusted name in steel solutions.
-5 vs industry average
CLN’s score of 13 is lower than 32% 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
Salt and Mineral Mining has above-average carbon intensity
Industry performance
The Salt and Mineral Mining industry has reduced its overall emissions by 66% since 2019
Emissions trajectory 2020 – 2026
Reported emissions
Scope 3 accounts for ••• of total emissions.
CLN's reported carbon emissions
In 2023, CLN reported total carbon emissions of approximately 106,728,000 kg CO2e, comprising 15,983,000 kg CO2e from Scope 1 and 90,046,000 kg CO2e from Scope 2 emissions. This reflects a slight decrease from 2022, where total emissions were approximately 106,716,000 kg CO2e, with Scope 1 emissions at 16,215,000 kg CO2e and Scope 2 emissions at 75,018,000 kg CO2e. CLN has set an ambitious target to reduce its Scope 1 and 2 greenhouse gas emissions by 50% by 2030, relative to a baseline year of 2019. This commitment is part of the company's strategy to transition towards cleaner energy sources and is monitored annually by the Board of Directors. The company has not disclosed any Scope 3 emissions data, indicating a focus on direct and indirect emissions from its operations. CLN's climate commitments align with industry standards, reflecting a proactive approach to addressing climate change and reducing its carbon footprint.
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CLN’s Climate Goals (2030 & 2050)
2 goals2030
50% reduction in Scope 1
For this reason, the Group’s Board of Directors has set a target of a reduction of 50% of Scope 1 and 2 GHG emissions by 2030 (adjusted for…
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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CLN
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