ArcelorMittal·Mining & Extraction·Luxembourg, Luxembourg·Founded 2006·Last verified 31 May 2026
15
out of 100
Critical concernPending Review

ArcelorMittal remains locked in coal-based steelmaking with minimal genuine decarbonization, reporting 102Mt CO₂e annually while claiming 46% cuts that dissolve to 5.4% intensity gains when adjusted for output collapse and asset sales. Scope 3 emissions are unmeasured, India JV emissions excluded from group targets, SBTi commitment abandoned, and active industry lobbying against climate policy compounds the gap between stated 2050 net-zero aspiration and near-term inaction.

The calculation

Every score shows its working.

Same formula for every company. No curve. No private weighting.

SINK = (0.3 × Base + 0.7 × Performance) × Scale
Industry base impact
Mining & Extraction sector ceiling.
15 / 100
Performance score
Sum of the 10 rubric questions, scored 0–10 each.
29 / 100
Raw score
Weighted average before scale penalty.
(0.3 × 15) + (0.7 × 29) = 24.8
Scale penalty
Multiplier based on absolute emissions volume — physics-first.
× 0.6
Final score
Rounded. Critical concern.
15 / 100
The ten questions

Where ArcelorMittal is strong, and where it isn't.

Strongest on Carbon Footprint — Operations and Transparency & Accountability (6/10, 5/10). Weakest on Controversies & Red Flags and Targets & Commitments (2/10, 2/10).

Where the evidence comes from

Every document used, listed.

14 sources used in this assessment. All publicly available. Each row shows which rubric questions it informed.

9 of 14 sources are third-party verified or public record.

[1]Self-reported
ArcelorMittal 2024 Sustainability Report
2024
Q1Q9
View →
[2]Third-party verified
SteelWatch ArcelorMittal Assessment (May 2024)
2024
Q1Q2Q3Q4Q8Q9
View →
[3]Third-party verified
SteelWatch ArcelorMittal Company Profile
Ongoing
Q1Q4Q9
View →
[4]Third-party verified
Steel's Heavy Carbon Burden: Is ArcelorMittal Pulling Back on Net-Zero?
Unknown
Q3
View →
[5]Public record
ArcelorMittal Increasingly Unlikely to Meet 2030 Climate Goals
Unknown
Q3
View →
[6]Self-reported
ArcelorMittal Expands Renewable Energy Portfolio
Unknown
Q4
View →
[7]Third-party verified
BankTrack: ArcelorMittal Liberia Iron Ore Mine
Ongoing
Q5
View →
[8]Public record
ArcelorMittal Faces Global Scrutiny for Environmental Violations
2025
Q5Q7Q10
View →
[9]Self-reported
ArcelorMittal Sustainability — Air, Land, and Water
Ongoing
Q6Q7
View →
[10]Self-reported
ArcelorMittal Sustainability — Environment
Ongoing
Q6
View →
[11]Self-reported
ArcelorMittal 2023 Integrated Annual Review
2023
Q2
View →
[12]Third-party verified
OECD Complaint Filed Against ArcelorMittal Over Climate Inaction
2025
Q10
View →
[13]Third-party verified
InfluenceMap: ArcelorMittal Lobbying Profile
Ongoing
Q10
View →
[14]Public record
Inside Steel Giant ArcelorMittal's Troubled Decarbonization Strategy
Unknown
Q8
View →

If you believe a source has been misread or a newer version exists, submit a challenge.

ArcelorMittal in context

ArcelorMittal sits at the bottom of the mining & extraction pack.

Among the 10 major mining & extraction brands we've scored, ArcelorMittal sits 10th of 10.

10/10
ArcelorMittal's rank
22
Industry average
15
Industry low
28
Industry high
How this score has moved

ArcelorMittal's score over time.

today

Score history begins 4 April 2026.

As ArcelorMittal's score updates, the trajectory will appear here.

We're backfilling historical scores for FTSE 100 and S&P 100 companies over the coming weeks.

What's being contested

This score is not currently being contested.

Every challenge is published. We'd rather be corrected than wrong — that's the whole point.

No challenges submitted yet. If you have evidence that contradicts this score, you can challenge any question above — cite a public source and we'll review it.

About ArcelorMittal

ArcelorMittal is the world's largest steelmaker, producing iron and steel across 60 countries via blast furnaces (75% of output) and electric arc furnaces (25%). Founded in 2006 through Mittal Steel's acquisition of Arcelor, it operates mining operations, steel mills, and related downstream facilities. Headquartered in Luxembourg, the company employs 125,416 people and generated $61.4B revenue in 2025.

Founded
2006
Headquarters
Luxembourg, Luxembourg
Employees
~125,416 (2024)
Annual revenue
$61.4B (FY2025)
Company website ↗
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