Arcelormittal

ArcelorMittal, a Luxembourg-based company operating in the basic iron and steel industry, reported total emissions of approximately 98.5 billion kg CO2e in 2023. This figure encompasses Scope 1, Scope 2, and Scope 3 emissions.

For Scope 1, ArcelorMittal's emissions were approximately 108.2 billion kg CO2e in 2023. Scope 2 emissions for the same year were approximately 6.6 billion kg CO2e (market-based) and 8.5 billion kg CO2e (location-based). Scope 3 emissions for 2023 totalled approximately 6.3 billion kg CO2e.

In 2022, total emissions were approximately 106.2 billion kg CO2e, comprising 113.4 billion kg CO2e for Scope 1 and approximately 5.9 billion kg CO2e (market-based) and 6 billion kg CO2e (location-based) for Scope 2, with Scope 3 emissions at approximately 6.4 billion kg CO2e.

Looking at earlier years, ArcelorMittal reported total emissions of approximately 147.3 billion kg CO2e in 2021, with Scope 1 emissions at 131.7 billion kg CO2e and Scope 2 and 3 at 7.5 billion kg CO2e each. Prior to that, in 2020, Scope 1 and 2 emissions were approximately 130.5 billion kg CO2e. In 2019, Scope 1 and 2 emissions were approximately 151.8 billion kg CO2e, and in 2018, they were approximately 135.5 billion kg CO2e. The company reported Scope 1 and 2 emissions of approximately 20.4 billion kg CO2e in 2016 and 20.5 billion kg CO2e in 2015, with Scope 3 also disclosed in those years.

ArcelorMittal has set a 2030 global carbon emissions intensity reduction target of 25% on a Scope 1 and 2 basis, aiming to reduce emissions from a 2018 baseline. Additionally, the company has increased its European 2030 carbon emissions intensity reduction target to 35% from a previous 30%. ArcelorMittal also has a long-term ambition to achieve net zero by 2050, and aspires to be carbon-neutral in Europe by 2050.