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 2023, ArcelorMittal, headquartered in Luxembourg (LU), reported total carbon emissions of approximately 108.2 billion kg CO2e, comprising 108.2 billion kg CO2e from Scope 1, 6.6 billion kg CO2e from Scope 2, and 6.3 billion kg CO2e from Scope 3 emissions. The company 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 of crude steel. Furthermore, ArcelorMittal has committed to achieving net-zero emissions by 2050. The company has also increased its European carbon emissions intensity reduction target to 35% by 2030, up from a previous target of 30%. These targets are focused on Scope 1 and 2 emissions, reflecting a comprehensive approach to addressing its carbon footprint. ArcelorMittal's long-term strategy includes aspirations to be carbon-neutral in Europe by 2050, reinforcing its commitment to sustainability in the steel and mining sector.
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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 |
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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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Frequently Asked Questions
Common questions about Arcelormittal's sustainability data and climate commitments