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 47 is higher than 72% 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 98,500,000 kg CO2e, which includes 173,000 kg CO2e from Scope 1, 92,000 kg CO2e from Scope 2, and 46,000 kg CO2e from Scope 3 emissions. For 2024, the company disclosed Scope 1 and 2 emissions totalling about 101,900,000,000 kg CO2e globally, alongside 480,000,000 kg CO2e in Scope 3 emissions. In Brazil, Scope 3 emissions from upstream transportation and distribution reached approximately 6,817,000,000 kg CO2e. Looking ahead, ArcelorMittal has set ambitious carbon intensity reduction targets. By 2030, the company aims to reduce its carbon intensity by 25% from a 2018 baseline of 2.90 tonnes CO2e per tonne of crude steel, targeting a reduction to 2.16 tonnes CO2e per tonne. Furthermore, the company has committed to an 86% reduction by 2050, aiming for 0.40 tonnes CO2e per tonne of crude steel. These targets encompass all scopes of emissions. ArcelorMittal has also announced a net-zero commitment by 2050, reinforcing its long-term climate strategy. The company’s initiatives are supported by its parent organization, ArcelorMittal S.A., which provides overarching climate action frameworks and targets.
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| 2016 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 176,000,000,000 | - | - | - | 000,000,000,000 | - | 000 | - |
| Scope 2 | 14,000,000,000 | - | - | - | 0,000,000,000 | - | 00 | - |
| Scope 3 | 14,000,000,000 | - | - | - | 0,000,000,000 | - | - | 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