Leading our industry’s efforts to decarbonise
As the world’s leading steel company, we are committed to leading our industry’s efforts to decarbonise, and to be part of the solution to the world reaching net-zero by 2050. In addition to our 2050 net-zero target, we have recently set a Group target of reducing our CO2e emissions intensity by 25% by 2030, and in our European operations, by 35% by 2030. These targets are deliberately the most ambitious of any steelmaker, reflecting our intent to drive meaningful decarbonisation progress this decade.
The perfect material for a sustainable, circular economy
- Steel is not only a material which is critical to building the infrastructure of our world – being a leading material in the production of cars, buildings, transport infrastructure, household appliances and even the humble paper clip – but it is also one with leading circularity credentials. Therefore, as meeting the objectives of the 2015 Paris agreement requires a permanent, fundamental shift in the way we consume and produce goods, the drive to decarbonise aligns with the drive to transition to a truly circular economy – one that seeks to eliminate waste through the continual re-use of resources.
- Therefore, steel has the credentials to be a material which sits at the heart of a sustainable, circular economy:
- Infinitely recyclable without quality loss
- Recycling rates of c. 90%
- Lower carbon footprint than competing materials
- Key enabler in decarbonising many other technologies
ResponsibleSteel™
Driving the responsible production and sourcing of steel, ResponsibleSteel™ is the steel industry’s first global multi-stakeholder standard and certification initiative.
ArcelorMittal has played a pivotal role in establishing this standard since 2015.
ResponsibleSteel™ is a not-for-profit organisation developing sustainability performance standards and an independent third-party certification programme for the steel value chain. At its heart, it is a multi-stakeholder collaboration between business and civil society. This ground-breaking initiative now involves over 40 members and associates, made up of companies and civil society organisations from around the world.
ArcelorMittal sites in Luxembourg, Spain and Poland obtained ResponsibleSteel™ certification.
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