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 & technical articles
Decarbonising ArcelorMittal’s Spanish operations21 July 2021
A memorandum of understanding (MoU) signed on 13 July 2021 between ArcelorMittal and the Spanish government demonstrates mutual intent to work together towards a decarbonised Spanish economy – a necessity for industries such as steel to successfully transition to carbon neutrality. As a result, new manufacturing processes at ArcelorMittal’s Spanish operations will include a new direct reduced iron (DRI) unit and electric arc furnace (EAF) installation in Gijón that will reduce carbon emissions at ArcelorMittal’s Spanish operations by approximately 50%. The DRI installation in Gijón will also enable ArcelorMittal Sestao to become the world’s first full-scale zero carbon emissions* steel plant.Corporate News
ArcelorMittal makes first investment through its XCarb™ innovation fund22 June 2021
Initial $10 million investment part of broader partnership established with HeliogenArcelorMittal recently announced the completion of its first XCarb™ innovation fund investment since launching the initiative in March 2021. The company has invested an initial $10 million in Heliogen, a renewable energy technology company which focusses on ‘unlocking the power of sunlight to replace fossil fuels.’Corporate News
ArcelorMittal Belgium’s blast furnace of the future17 June 2021
ArcelorMittal Belgium officially inaugurated its blast furnace B in Ghent in March 2021 following a significant investment to renew the furnace. The result is one of the world’s most modern and efficient blast furnaces both in terms of productivity and CO2 emissions.Corporate News
ArcelorMittal plans major investment in German sites to accelerate CO2 emissions reduction25 May 2021
ArcelorMittal is planning to build a large-scale industrial plant for the direct reduction of iron ore (DRI) and electric arc furnace (EAF)-based steelmaking at its site in Bremen, as well as an innovative DRI pilot plant in addition to an EAF in Eisenhüttenstadt, following the announcement of the planned expansion of Germany’s hydrogen infrastructure.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.