ArcelorMittal SA
ArcelorMittal EU Taxonomy Data Preview
In 2024, ArcelorMittal was subject to the Corporate Sustainability Reporting Directive (CSRD)'s requirements, which mandated the company to publish EU Taxonomy disclosures.
The company reported the eligibility and alignment of Turnover, Capital Expenditure (CAPEX) and Operating Expenditure (OPEX) with the EU Taxonomy, helping assess the extent to which its business activities align with Europe's environmental sustainability goals.
ArcelorMittal has also provided an activity-level breakdown of its EU Taxonomy disclosures. This granular reporting enhances transparency around which economic activities of ArcelorMittal are considered environmentally sustainable and contribute to at least one of the six environmental objectives defined under the EU Taxonomy framework.
| Metric (tonnes) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Taxonomy Aligned A1 Turnover | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Taxonomy Eligible A Turnover | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Taxonomy Non-Eligible B Turnover | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
| Metric (tonnes) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Taxonomy Aligned A1 Opex | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Taxonomy Eligible A Opex | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Taxonomy Non-Eligible B Opex | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
| Metric (tonnes) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Taxonomy Aligned A1 Capex | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Taxonomy Eligible A Capex | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Taxonomy Non-Eligible B Capex | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
This table provides a simplified preview of selected EU Taxonomy data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.
Insights into ArcelorMittal's Revenues from Sustainable Activities
In 2024, ArcelorMittal reported EU Taxonomy-eligible revenues of USD 51.23 billion, representing 82% of its total turnover. Of this amount, USD 262.00 million of ArcelorMittal's revenues was classified as EU Taxonomy-aligned, indicating that 0.4% of the revenue-generating activities undertaken by the company substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).
How much of ArcelorMittal's revenue is eligible under the EU Taxonomy?
In 2024, ArcelorMittal reported that USD 51.23 billion of its revenue was eligible under the EU Taxonomy, representing 82% of the company's total turnover. Of this amount, USD 262.00 million (0.4% of total revenue) was classified as Taxonomy-aligned. This means that 82% of ArcelorMittal's revenue is eligible but not aligned, indicating that these activities did not meet the technical screening criteria, failed to comply with the Do No Significant Harm (DNSH) requirements, or lacked evidence of meeting the Minimum Safeguards.
How much of ArcelorMittal's eligible revenue is aligned with the EU Taxonomy?
In 2024, ArcelorMittal reported that USD 262.00 million of its revenue was aligned under the EU Taxonomy, representing 0.4% of its total turnover.
This low alignment highlights either a limited focus on green activities or early-stage adoption of sustainability frameworks, underscoring opportunities for further alignment with EU climate objectives.
ArcelorMittal's Eligibility & Alignment Overview
ArcelorMittal's Contribution to Environmental Objectives
- Total Taxonomy Aligned A1 Turnover
- Total Taxonomy Eligible but Not Aligned A2 Turnover
How is ArcelorMittal's taxonomy-aligned revenue distributed across the EU environmental objectives?
In 2024, ArcelorMittal reported that its taxonomy-aligned revenue was distributed across the following EU environmental objectives:
- Climate Change Mitigation: 0.4%
- Climate Change Adaptation: 0%
- Sustainable Use and Protection of Water and Marine Resources: 0%
- Transition to a Circular Economy: 0%
- Pollution Prevention and Control: 0%
- Protection and restoration of biodiversity and ecosystems: 0%
How much revenue does ArcelorMittal earn from selling climate-related solutions ?
In 2024, ArcelorMittal reported that USD 249.76 million of its total revenue was associated with activities contributing to the EU taxonomy climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This accounted for 0.4% of the company's total revenue, indicating that ArcelorMittal has limited exposure on solutions that support climate action through its commercial activities.
Insights into ArcelorMittal's CAPEX from Sustainable Activities
In 2024, ArcelorMittal reported EU Taxonomy-eligible CAPEX of USD 2.93 billion, representing 67% of its total CAPEX. Of this amount, USD 189.00 million of ArcelorMittal's CAPEX was classified as EU Taxonomy-aligned, indicating that 4% of the company's investments were directed toward economic activities that substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).
How much of ArcelorMittal's capital expenditure (CAPEX) is eligible under the EU Taxonomy?
In 2024, ArcelorMittal reported that USD 2.93 billion of its capital expenditure (CAPEX) was eligible under the EU Taxonomy, representing 67% of the company's total CAPEX. Of this amount, USD 189.00 million (4% of total CAPEX) was classified as Taxonomy-aligned. This means that 62% of ArcelorMittal's CAPEX is eligible but not aligned, indicating that these investments either did not meet the technical screening criteria, failed to comply with the Do No Significant Harm (DNSH) requirements, or lacked evidence of meeting the Minimum Safeguards (MSS).
How much of ArcelorMittal's eligible CAPEX is aligned with the EU Taxonomy?
In 2024, ArcelorMittal reported that USD 189.00 million of its CAPEX was aligned under the EU Taxonomy, representing 4% of its total capital investment.
This low alignment reflects that ArcelorMittal is beginning to transition its capital allocation toward greener investments, but still retains substantial opportunities for further alignment with sustainability goals.
ArcelorMittal's Eligibility & Alignment Overview
ArcelorMittal's Contribution to Environmental Objectives
- Total Taxonomy Aligned A1 Capex
- Total Taxonomy Eligible but Not Aligned A2 Capex
How is ArcelorMittal's taxonomy-aligned CAPEX distributed across the EU environmental objectives?
In 2024, ArcelorMittal reported that its taxonomy-aligned capital expenditure (CAPEX) was distributed across the following EU environmental objectives:
- Climate Change Mitigation: 4%
- Climate Change Adaptation: 0%
- Sustainable Use and Protection of Water and Marine Resources: 0%
- Transition to a Circular Economy: 0%
- Pollution Prevention and Control: 0%
- Protection and restoration of biodiversity and ecosystems: 0%
How much ArcelorMittal is investing in climate-related solutions?
In 2024, ArcelorMittal allocated USD 176.20 million of its CAPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 4% of the company's total capital expenditure, indicating that ArcelorMittal has only marginally directed its capital expenditure toward climate-related activities, suggesting limited alignment with climate objectives.
Insights into ArcelorMittal's OPEX from Sustainable Activities
In 2024, ArcelorMittal reported EU Taxonomy-eligible OPEX of USD 4.07 billion, representing 87% of its total operating expenses (OPEX). Of this amount, USD 9.00 million of ArcelorMittal's OPEX was classified as EU Taxonomy-aligned, indicating that 0% of the company's operating expenses were directed toward economic activities that substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).
ArcelorMittal's Contribution to Environmental Objectives
- Total Taxonomy Aligned A1 Opex
- Total Taxonomy Eligible but Not Aligned A2 Opex
How is ArcelorMittal's taxonomy-aligned OPEX distributed across the EU environmental objectives?
In 2024, ArcelorMittal reported that its taxonomy-aligned operational expenditure (OPEX) was distributed across the following EU environmental objectives:
- Climate Change Mitigation: 0%
- Climate Change Adaptation: 0%
- Sustainable Use and Protection of Water and Marine Resources: 0%
- Transition to a Circular Economy: 0%
- Pollution Prevention and Control: 0%
- Protection and restoration of biodiversity and ecosystems: 0%
How much of ArcelorMittal's operational budget supports climate-related solutions?
In 2024, ArcelorMittal allocated USD 0 of its OPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 0% of the company's total OPEX, indicating that ArcelorMittal has only a limited share of operational expenditure aligned with climate goals, signaling early-stage or minimal integration of climate objectives into its routine activities.