ArcelorMittal SA 2020 IR
The report outlines ArcelorMittal's financial and sustainability progress during 2020, a year heavily impacted by the Covid-19 pandemic. Key highlights include the launch of XCarb™, a brand uniting the company's reduced, low, and zero-carbon steelmaking initiatives, and a group-wide commitment to achieving net-zero carbon emissions by 2050. Financially, the company achieved its long-term net debt target of $7 billion, reducing it to $6.4 billion, and generated $1.5 billion in free cash flow. On safety, the company reconfigured its Global Health and Safety Council to drive a culture of care, despite recording a disappointing 17 workplace fatalities. Additionally, ArcelorMittal set a new target to double the representation of women in management to 25% by 2030.
Company: ArcelorMittal SA
Sector: Manufacturing
Country: Luxembourg
Year: 2020
Type: IR
Pages: 66
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ArcelorMittal SA
Integrated Annual Review
The report outlines ArcelorMittal's financial and sustainability progress during 2020, a year heavily impacted by the Covid-19 pandemic. Key highlights include the launch of XCarb™, a brand uniting the company's reduced, low, and zero-carbon steelmaking initiatives, and a group-wide commitment to achieving net-zero carbon emissions by 2050. Financially, the company achieved its long-term net debt target of $7 billion, reducing it to $6.4 billion, and generated $1.5 billion in free cash flow. On safety, the company reconfigured its Global Health and Safety Council to drive a culture of care, despite recording a disappointing 17 workplace fatalities. Additionally, ArcelorMittal set a new target to double the representation of women in management to 25% by 2030.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees