We have a significant and broad range of decarbonisation initiatives underway and in order to help our stakeholders understand the breadth of work we are undertaking in this area, we have launched XCarb™, an umbrella brand that groups together all of the reduced, low and zero carbon steel making activity of ArcelorMittal, as well as wider initiatives and green innovation projects. As a result, we will be able to leverage a single effort focused on achieving demonstrable progress towards carbon neutral steel.
XCarb™ serves as demonstrable evidence of our determination and accelerating commitment to achieve carbon neutrality by 2050. We will continue to drive innovation to meet our decarbonisation goals and are committed to leading the industry transition towards carbon neutral steel. We have the scale, resources, technology prowess and ambition required make a significant impact.