ArcelorMittal SA 2024 AR2
The report highlights ArcelorMittal's financial and operational performance for 2024, emphasizing its commitment to leading the decarbonization of the steel industry. The company completed its three-year value plan, yielding cumulative benefits of $1.4 billion, and progressed with key strategic projects, including electric arc furnace construction in Spain and renewable energy portfolios in India and Brazil. Despite challenging market conditions and lower steel prices, ArcelorMittal maintained a strong balance sheet and continued its transition toward net-zero emissions by 2050. Additionally, the company implemented recommendations from a comprehensive workplace safety audit to strengthen its safety culture and work toward zero fatalities.
Company: ArcelorMittal SA
Sector: Materials
Country: Luxembourg
Year: 2024
Type: AR2
Pages: 367
ArcelorMittal SA
Annual Report
The report highlights ArcelorMittal's financial and operational performance for 2024, emphasizing its commitment to leading the decarbonization of the steel industry. The company completed its three-year value plan, yielding cumulative benefits of $1.4 billion, and progressed with key strategic projects, including electric arc furnace construction in Spain and renewable energy portfolios in India and Brazil. Despite challenging market conditions and lower steel prices, ArcelorMittal maintained a strong balance sheet and continued its transition toward net-zero emissions by 2050. Additionally, the company implemented recommendations from a comprehensive workplace safety audit to strengthen its safety culture and work toward zero fatalities.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Type
Annual Report with Sustainability Disclosures
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