For the third consecutive year, ArcelorMittal has won the Steelie Award for excellence in sustainability. Announced at the World Steel Association’s annual dinner in Monterrey, Mexico, the nod distinguishes the company’s industry leadership on sustainability amid the growing pressure steel companies are facing to outline their approach to reducing carbon emissions.
The award was given in recognition of the company’s publication of the steel sector’s first Climate Action report in May 2019. The report set out the three pathways the company believes can lead to deep decarbonisation of steelmaking, the various low-emissions technologies the company is trialling and the public policy required to make low-emissions steel a reality. It also confirms ArcelorMittal’s commitments to the objectives of the Paris Agreement and outlines the company’s ambition to significantly reduce emissions across the group, including reaching carbon neutrality in Europe by 2050.