Recently scored: Dentsu, Omnicom, Publicis Groupe, WPP
ArcelorMittal·Mining & Extraction·Luxembourg, Luxembourg·Founded 2006·Last verified 21 April 2026
15
out of 100
Critical concernPending Review

ArcelorMittal claims 46% absolute emissions cuts since 2018, but this masks production collapse and asset sales, not genuine decarbonisation. Portfolio-adjusted intensity fell only 5.4%. The company has no absolute emissions target, excluded its India JV from group reporting, faces OECD climate complaints, and lobbies against EU climate measures while greenwashing aggressively.

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.

[1]Self-reported
ArcelorMittal 2024 Sustainability Report
2024
Q1Q9
View →
[2]Third-party verified
SteelWatch ArcelorMittal Assessment
2024
Q1Q4Q9
View →
[3]Third-party verified
SteelWatch ArcelorMittal Deep-Dive Report
2024
Q2Q8
View →
[4]Self-reported
corporate.arcelormittal.com — arcelormittal publishes its 2023 integrated annual review
Unknown
Q2
View →
[5]Third-party verified
CarbonCredits: Steel's Heavy Carbon Burden
Unknown
Q3
View →
[6]Third-party verified
CSO Futures: ArcelorMittal 2030 Climate Goals Analysis
Unknown
Q3
View →
[7]Self-reported
ArcelorMittal Renewable Energy Expansion
Unknown
Q4
View →
[8]Third-party verified
BankTrack: ArcelorMittal Liberia Iron Ore Mine
Ongoing
Q5
View →
[9]Third-party verified
CounterView: ArcelorMittal Global Scrutiny Report
2025
Q5Q7Q10
View →
[10]Self-reported
ArcelorMittal Sustainability Approach
Ongoing
Q6
View →
[11]Self-reported
ArcelorMittal Air, Land and Water
Ongoing
Q6Q7
View →
[12]Self-reported
trellis.net — inside steel giant arcelormittals troubled decarbonization strategy
Unknown
Q8
View →
[13]Public record
Opportunity Green OECD Complaint Filing
2025
Q10
View →
[14]Third-party verified
InfluenceMap: ArcelorMittal Lobbying Profile
Ongoing
Q10
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 by production volume, operating 60+ facilities across 60 countries. Headquartered in Luxembourg, it produces crude steel via blast furnaces (75% of output) and electric arc furnaces. The company is a dominant player in flat and long carbon steel markets, serving automotive, construction, and appliance sectors.

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