Arcelormittal Sustainability Profile
ArcelorMittal, a leading global steel and mining company, 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 steel industry, focusing on the production of flat and long steel products, as well as mining operations. With a commitment to sustainability and innovation, ArcelorMittal offers a diverse range of high-quality steel solutions that cater to various sectors, including automotive, construction, and energy. The company is recognised for its advanced technologies and efficient production processes, which enhance its competitive edge in the market. As one of the largest steel producers worldwide, ArcelorMittal continues to achieve significant milestones, reinforcing its position as a leader in the industry.
DitchCarbon Score
How does Arcelormittal'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.
Industry Average
Mean score of companies in the Iron and Steel Production 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.
Industry Benchmark
Arcelormittal's score of 68 is higher than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Arcelormittal's reported carbon emissions
In 2024, ArcelorMittal, headquartered in Luxembourg (LU), reported total carbon emissions of approximately 101.9 billion kg CO2e, comprising 97 billion kg CO2e from Scope 1, 4.9 billion kg CO2e from Scope 2, and 8.4 billion kg CO2e from Scope 3 emissions. For the year 2023, the company recorded emissions of approximately 108.2 billion kg CO2e, with Scope 1 emissions at 108.2 billion kg CO2e, Scope 2 at 6.6 billion kg CO2e, and Scope 3 at 6.3 billion kg CO2e. ArcelorMittal has set ambitious climate commitments, including a target to reduce carbon emissions intensity by 25% by 2030 from a 2018 baseline of 2.90 tonnes CO2e per tonne of crude steel, aiming for a reduction to 2.16 tonnes CO2e per tonne. Additionally, the company has increased its European target to a 35% reduction by 2030. The long-term goal includes achieving net-zero emissions by 2050. These targets are part of a broader strategy to enhance sustainability within the steel industry, reflecting ArcelorMittal's commitment to addressing climate change and reducing its carbon footprint across all scopes of emissions.
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| 2016 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 176,000,000,000 | - | - | - | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 | 00,000,000,000 |
| Scope 2 | 14,000,000,000 | - | - | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | 14,000,000,000 | - | - | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
How Carbon Intensive is Arcelormittal's Industry?
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Arcelormittal's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Arcelormittal has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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Common questions about Arcelormittal's sustainability data and climate commitments
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