CDP recognises ArcelorMittal
(Posted on 31/01/20)
ArcelorMittal has been recognised by CDP for its leadership on corporate transparency and action on climate change from among over 8,000 companies worldwide who were scored on their 2019 disclosures. ArcelorMittal scored an A- in the 2019 CDP Climate Change assessment, an improvement from C in 2017, which means the company has now reached leadership level.
This puts ArcelorMittal amongst the top 11% of companies within our industry, and compares favourably against the Global average of C, Europe regional average of C, and the Metal smelting, refining & forming sector average of C.
Designed to harness the competitive spirit of business to raise ambition and spur action on corporate climate action, CDP scores thousands of companies that disclose climate data through its platform each year at the request of their corporate customers and investors.
The positive score reflects CDP’s assessment of ArcelorMittal’s ambition to significantly reduce its carbon footprint by 2050, our disclosure of climate related financial risks and opportunities, and our work on a broad portfolio of low-emissions technologies designed to reduce carbon emissions.
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