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2050
Target Year
172.0Mt
Total CO2e / year
$68B
Revenue
155K
Employees
Scope 1 & 2 (direct operations) vs Scope 3 (value chain)
127.0Mt
Direct operations & purchased energy
45.0Mt
Supply chain & value chain
172.0Mt
All scopes combined
SBTi validates that corporate emissions reduction targets are consistent with the latest climate science.
CDP scores range from A (leadership) to D- (disclosure), rating corporate environmental transparency and performance.
ArcelorMittal's total annual emissions of 172 megatonnes CO2e is equivalent to the annual emissions of approximately 37 million average cars. Scope 3 (value chain) emissions account for 26.2% of the total — typical for steel / materials companies, where upstream and downstream activities dominate the carbon footprint.
ArcelorMittal has committed to achieving Net-Zero steelmaking by 2050, with a 25% reduction target from a 2018 baseline. Their offset strategy involves: CCS + hydrogen DRI + circular steel.
ArcelorMittal's total reported emissions are 172 megatonnes CO2 equivalent per year. This breaks down to 127Mt from Scope 1 & 2 (direct operations) and 45Mt from Scope 3 (value chain).
ArcelorMittal is in an "Early Stage" of its net-zero journey, with 12% progress. The company has set targets but implementation is still in early phases.
Yes, ArcelorMittal's climate targets have been validated by the Science Based Targets initiative (SBTi) as aligned with a 1.5°C pathway. This means an independent body has verified their targets are consistent with what climate science says is necessary.
ArcelorMittal Climate Action Report 2024 (latest report year: 2024)
Emissions figures represent the most recently reported annual data. Progress assessments incorporate SBTi validation, CDP scoring, and independent analysis.