The challenge we face
The world faces enormous challenges in the 21st century: from climate change to increasing pressures on natural resources, from the lifestyle expectations of those in the developed world to tackling poverty at the base of the pyramid in emerging markets. These issues have a direct impact on businesses as well as governments, civil society, and individuals.
Businesses are expected to report more openly, act more responsibly, protect the environment, and support their local communities. All of these factors pose risks to companies as large as ours if we fail to manage them. But they also present us with enormous opportunities from the commercial potential of new greener products to the innovation potential of a new generation of people entering our industry.
Related news and technical articles
ArcelorMittal joins forces with Breakthrough Energy’s Catalyst programme via XCarb®18 October 2021
ArcelorMittal recently announced it has become an anchor partner in Breakthrough Energy’s Catalyst programme, committing to an equity investment of $100 million over the next five years through the XCarb® innovation fund.Corporate News
ArcelorMittal releases Climate Action Report 215 October 2021
ArcelorMittal has published its second group climate action report, following the first group report published in May 2019 and the European climate action report published in May 2020.Corporate News
New investment in decarbonisation technologies at ArcelorMittal Gent plant5 October 2021
ArcelorMittal Belgium will reduce CO2 emissions by 3.9 million tonnes per year by 2030 by building a 2.5 million-tonne direct reduced iron (DRI) plant and two electric furnaces to operate alongside its state-of-the-art blast furnace that is ready to take waste wood and plastics as a substitute for fossil carbon.Corporate News
XCarb®: ArcelorMittal Europe and partners move together towards carbon neutrality9 September 2021
XCarb®, launched in March 2021, is a historic step in ArcelorMittal Europe’s decarbonisation strategy. XCarb® will ultimately bring together all of ArcelorMittal’s reduced, low, and zero-carbon products and steelmaking activities, as well as wider initiatives and green innovation projects, into a single effort focussed on achieving demonstrable progress towards carbon-neutral steel. The wheels in motion to accelerate the transition to carbon-neutral steelmaking are not just churning internally – ArcelorMittal Europe’s many partners are a valuable part of this ambitious plan.Corporate News
We are committed to leading the way in which the world views steel and championing steel’s role in creating high quality, sustainable lifestyles for people all over the world.
Leading the way with 10 sustainable development outcomes
Our new sustainable development framework focusses on 10 outcomes we need to achieve for steel to be one of the world's most sustainable materials. Pursuing these outcomes, a result of both analysis and consultation, allows us to be better prepared to respond to long-term trends and manage our stakeholders’ expectations more effectively.
Environmental impacts of our products
Our local communities and stakeholders trust us to share the vital resources of air, land, and water because we operate responsibly and transparently, and we have clearly improved our impact.
We understand these impacts and work collaboratively to protect and enhance the natural capital we and our communities and partners rely on.
Developing greener steel products
Commercial designers and manufacturers, as well as end-users, choose steel for products that need strength and durability. They make that choice because they understand steel contributes to more a sustainable lifestyle.
Therefore, we are continuously designing more energy-efficient products using materials that can be re-used and recycled and produced using fewer resources and without negative consequences for the environment or society.