ArcelorMittal is a multinational corporation engaged in the steel manufacturing industry, recognized as one of the world's leading steelmakers. Its primary function is the production and supply of ste... ArcelorMittal is a multinational corporation engaged in the steel manufacturing industry, recognized as one of the world's leading steelmakers. Its primary function is the production and supply of steel products, which are essential to a wide range of industries, including automotive, construction, and infrastructure development. By offering an extensive portfolio of steel materials, ArcelorMittal plays a crucial role in the supply chains of these sectors.
Notable for its global presence, the company operates a diversified network of production facilities across North America, Latin America, Europe, and Asia. This strategic geographical footprint allows ArcelorMittal to efficiently serve a broad customer base and adapt to regional market demands. One of its key features is its commitment to innovation and sustainability in steel production, which includes reducing carbon emissions and exploring advanced, environmentally friendly technologies.
In the global financial markets, ArcelorMittal is significant due to its size, with its operations and market activities often reflecting broader economic trends and industrial growth through steel demand. As a vital component of modern economies, the steel produced by ArcelorMittal underpins infrastructure and commercial projects worldwide.
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.
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Total Taxonomy Aligned A1 Turnover
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Total Taxonomy Eligible A Turnover
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Total Taxonomy Non-Eligible B Turnover
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5.9 CCM/CCA - Material recovery from non-hazardous waste
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Total Taxonomy Aligned A1 Opex
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Total Taxonomy Eligible A Opex
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Total Taxonomy Non-Eligible B Opex
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Total Taxonomy Aligned A1 Capex
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Total Taxonomy Eligible A Capex
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Total Taxonomy Non-Eligible B Capex
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4.1 CCM/CCA - Electricity generation using solar photovoltaic technology, 4.3 CCM/CCA - Electricity generation from wind power
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Limited Data Preview
You are viewing a limited preview of ArcelorMittal’s EU Taxonomy dataset. The full dataset, available for download, includes eligibility and alignment metrics for turnover, CAPEX, and OPEX across all EU Taxonomy categories (A1, A2, A, B, and A+B), at both aggregate and activity level, with historical coverage back to 2021.
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Verified Sources Behind ArcelorMittal’s EU Taxonomy Data
Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore ArcelorMittal’s data sources below and access millions more through our Disclosure Search.
a. ArcelorMittal's Sustainability Report 2024
b. ArcelorMittal's Annual Review 2023
c. ArcelorMittal's Annual Review 2022
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).a
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.a
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.a
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 objectivesa:
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 ArcelorMittalhas limited exposureon solutions that support climate action through its commercial activities.a
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).a
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).a
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.a
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 objectivesa:
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 ArcelorMittalhas only marginally directed its capital expenditure toward climate-related activities, suggesting limited alignment with climate objectives.a
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).a
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 objectivesa:
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 ArcelorMittalhas only a limited share of operational expenditure aligned with climate goals, signaling early-stage or minimal integration of climate objectives into its routine activities.a
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