Steel has been central to human progress. And steel will continue to be inherently useful because it is strong, durable, flexible, and reusable. In addition, steel is the most easily recycled material – perfect for a circular economy. It is essential that the next chapter in our story does not compromise future generations. Steel needs to evolve to become smarter and more sustainable.

Transition toward a circular and low-carbon economy

This means preparing for and responding to the most significant long-term environmental and social trends that are transforming the context in which we operate. This means listening carefully to stakeholders, both locally and globally, and recognising a trend of rising expectations. This means outlining what we need to do now to protect and grow value for stakeholders in the future. This means continuing to produce innovative steel products and solutions while maintaining operational standards that meet and exceed the expectations of our customers. The integration of sustainable development into the business is essential in ensuring steel is the material of choice in the transition toward a circular and low-carbon economy.

Dr. Alan Knight talks about how steel is sustainable

Climate Action Report

ArcelorMittal has launched a second Climate Action Report (CAR2) in July 2021. In this report, we are disclosing a net-zero roadmap that shows our journey to carbon-neutrality by 2050.

Some highlights from the report: