📣 Introducing Tracenable Pro: Unlock Unlimited Data Exports & Disclosures Access.

ArcelorMittal SA

Common Name

ArcelorMittal

Country

Luxembourg

Sector

Basic Materials

Industry

Steel

Employees

125,416

Ticker

Exchange

EURONEXT

Website

corporate.arcelormittal.com

Description

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... Show more

GHG Emissions Climate Targets EU Taxonomy Energy Waste Management

ArcelorMittal's GHG Emissions Data Preview

In 2024, ArcelorMittal completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

However, ArcelorMittal has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)	2024	2023	2022	2021 - 2017
Total Scope 1 Total direct GHG emissions from categories that are owned or directly controlled by the company.	Copy restricted. Please purchase to unlock this data. ^a	Copy restricted. Please purchase to unlock this data. ^a	Copy restricted. Please purchase to unlock this data. ^a	Data available for purchase 0000000
Total Scope 2 Indirect GHG emissions from the generation of purchased electricity, steam, heating, and cooling consumed by the reporting company.
Market-Based Indirect emissions from purchased energy calculated using the market-based method, which reflects contractual instruments such as supplier-specific emission factors or renewable energy certificates (RECs).	Copy restricted. Please purchase to unlock this data. ^a	Copy restricted. Please purchase to unlock this data. ^a	Copy restricted. Please purchase to unlock this data. ^a	Data available for purchase 0000000
Location-Based Indirect emissions from purchased energy calculated using the location-based method, which reflects average emission factors of the local grid.	Copy restricted. Please purchase to unlock this data. ^a	Copy restricted. Please purchase to unlock this data. ^a	Copy restricted. Please purchase to unlock this data. ^b	Data available for purchase 0000000
Total Scope 3 All other indirect GHG emissions that occur in the company’s value chain, outside of Scope 1 and 2. This includes both upstream and downstream activities.	Copy restricted. Please purchase to unlock this data. ^a	Copy restricted. Please purchase to unlock this data. ^a	Copy restricted. Please purchase to unlock this data. ^a	Data available for purchase 0000000
Total Scope 1 Revenue Intensity (tCO2e/$M) Total direct GHG emissions from categories that are owned or directly controlled by the company relative to the company's total revenues in USD for the corresponding fiscal year.	Copy restricted. Please purchase to unlock this data. ^a	Copy restricted. Please purchase to unlock this data. ^a	Copy restricted. Please purchase to unlock this data. ^a	Data available for purchase 0000000

Access this data via API

View API docs

$curl "https://tracenable.com/api/v1/ghg-emissions/absolute?ticker=MT&reporting_period=2024"

Verified Sources Behind ArcelorMittal’s Greenhouse Gas (GHG) Emissions 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 Financial & Extra-Financial Disclosure 2022

Insights into ArcelorMittal's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofArcelorMittal amounted to102,500,000metric tons of CO2 equivalent.This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).^a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of ArcelorMittaldecreased by 12.17%, showing that the company has made progress in taking action to reduce the climate impact of its operations.^a

ArcelorMittal's Scope 1 Emissions Over Time

Total Scope 1
Year-over-Year Change

What are ArcelorMittal's Scope 1 emissions?

In 2024, the total Scope 1 emissions of ArcelorMittal were 97,000,000 metric tons of CO₂ equivalent (tCO₂e).^a

Has ArcelorMittal reduced its Scope 1 emissions over time?

Since 2020, ArcelorMittal's Scope 1 emissions have decreased by 26.18%, reflecting a declining long-term trend in Scope 1 emissions over time.^{a, b}

Compared to the previous year(2023), ArcelorMittal's Scope 1 emissions decreased by 10.35%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.^a

What are ArcelorMittal's Scope 2 emissions?

In 2024, ArcelorMittal reported Scope 2 greenhouse gas (GHG) emissions of 4,900,000 tCO₂e using the market-based method and 5,500,000 tCO₂e using the location-based method.^a

Has ArcelorMittal reduced its Scope 2 emissions over time?

Compared to the previous year(2023), ArcelorMittal's Scope 2 emissions(Location-Based) fell by 35.29% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.^a

What methodology does ArcelorMittal use for Scope 2 reporting?

In 2024, ArcelorMittal reported its Scope 2 emissions using the market-based method and using the location-based method.^a

ArcelorMittal's Scope 2 Emissions Over Time

Total Scope 2 Location-Based
Total Scope 2 Market-Based

Insights into ArcelorMittal's Value Chain Emissions

In 2024, ArcelorMittal reported 8,400,000 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.^a

The 2024 disclosure of ArcelorMittal includes a breakdown across 0of the 15 Scope 3 categories defined by the GHG Protocol,matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.^a

ArcelorMittal's Scope 3 Emissions Over Time

Total Scope 3
Year-over-Year Change

What are ArcelorMittal's Scope 3 emissions?

In 2024, ArcelorMittal reported total Scope 3 emissions of 8,400,000 metric tons of CO₂ equivalent (tCO₂e).^a

Has ArcelorMittal reduced its Scope 3 emissions over time?

Since 2020, ArcelorMittal's Scope 3 emissionshave remained relatively stable, indicating that ArcelorMittal's emissions have plateaued with no significant change in its value chain footprint.^{a, b}

Compared to the previous year (2023), ArcelorMittal's Scope 3 emissions increased by 33.33%, suggesting that the company faced challenges in reducing emissions across its value chain.^a

Insights into ArcelorMittal’s GHG Emissions Intensity Compared to Industry Peers

In 2024, ArcelorMittal reported Scope 1 greenhouse gas (GHG) emissions of 97,000,000 tCO₂e and total revenues of USD 53,431 millions. This translates into an emissions intensity of 1,815.43 tCO₂e per millions USD.^a

ArcelorMittal's Scope 1 Emissions Intensity Compared to Peers

How does ArcelorMittal's GHG emissions intensity compare to its peers?

In 2024, ArcelorMittal reported a Scope 1 emissions intensity of 1,815.43 tCO₂e per millions USD. Compared to the peer group median of 1,087.32, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.^a

Where does ArcelorMittal rank on GHG emissions intensity within its industry?

In 2024, ArcelorMittal ranked 18 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).^a

ArcelorMittal is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.^a

Insights into ArcelorMittal's Total Carbon Footprint

In 2024, ArcelorMittal reported a total carbon footprint of 110,900,000 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 9.84% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.^a

The largest contributor to ArcelorMittal's total carbon footprint was Scope 1 emissions, accounting for 87.47% of the company's total carbon footprint, followed by Scope 3 emissions at 7.57%.^a

Want Full Access to ArcelorMittal's GHG Emissions Dataset?

Explore Peer Companies

Welcome Back to Tracenable

Sign in to your account