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.
Latest News
ADM launch of regenerative agriculture programme in Brazil
(Posted on 26/11/23)ADM, a leader in sustainable agriculture supply chains, has announced an important expansion of its... Read more
$140m Investment agreement to build all-in-one nickel refinery
(Posted on 17/11/23)Trafigura, a market leader in the global commodities industry, has agreed to invest in an all-in-one... Read more
ADM and Marathon take next step in meeting renewable fuels demand
(Posted on 17/11/23)ADM and Marathon Petroleum Corp. have celebrated the opening of their joint venture soybean processing... Read more
US Grains Council bids farewell to Castillo
(Posted on 13/11/23)Former U.S. Grains Council (USGC) Director of Global Programmes Alejandra Castillo was named the successor... Read more
Rio Tinto and Codelco complete Nuevo Cobre exploration agreement
(Posted on 13/11/23)Rio Tinto has completed the acquisition of PanAmerican Silver’s stake in Agua de la Falda and... Read more
New Cargill soybean processing plant connects farmers to growing demand
(Posted on 05/11/23)Cargill has completed an expansion and modernization project at its integrated soybean crush and refined... Read more
BHP approves US$4.9bn investment in stage two of Jansen potash project
(Posted on 31/10/23)BHP has approved an investment of US$4.9 billion (C$6.4 billion) for stage two of the Jansen potash... Read more
Partnership on sustainable supply of materials for the energy transition
(Posted on 31/10/23)Rio Tinto and cable solution provider Prysmian are partnering to build a more sustainable North American... Read more
US soy industry welcomes trade and food aid support from USDA
(Posted on 26/10/23)The American Soybean Association has applauded the U.S. Department of Agriculture’s efforts to... Read more
Joc O’Rourke joins Rio Tinto Board
(Posted on 26/10/23)Rio Tinto has appointed James “Joc” O’Rourke as a non-executive director with effect... Read more
