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.
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.
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.
Arcelormittal's score of 50 is higher than 83% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, ArcelorMittal reported total emissions of approximately 101,900,000 kg CO2e for Scope 1 and 2, alongside 480,000,000 kg CO2e for Scope 3 emissions. This reflects a significant commitment to reducing carbon emissions, with a target to decrease carbon 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. By 2050, the company aspires to achieve an 86% reduction, targeting 0.40 tonnes CO2e per tonne of crude steel. In 2023, ArcelorMittal's emissions in Luxembourg included 173,000 kg CO2e for Scope 1, 92,000 kg CO2e for Scope 2, and 46,000 kg CO2e for Scope 3, demonstrating a comprehensive approach to emissions reporting across all scopes. The company has also achieved a 46% reduction in absolute Scope 1 and 2 emissions by 2024 compared to 2018 levels, which had a CO2 footprint of 188 million tonnes. ArcelorMittal has committed to a net-zero target by 2050, reinforcing its long-term climate strategy. This commitment is part of a broader initiative to enhance sustainability within the steel industry, aligning with global climate goals. The data and targets are sourced from ArcelorMittal S.A., ensuring consistency in reporting and accountability.
Access structured emissions data, company-specific emission factors, and source documents
2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|---|
Scope 1 | - | - | - | 000,000,000,000 | - | - | - |
Scope 2 | - | - | - | 0,000,000,000 | - | 00 | - |
Scope 3 | - | - | - | 0,000,000,000 | - | - | 000,000,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Arcelormittal is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.