ArcelorMittal (MT) Sustainability Presentation summary

Safety and health progress

• Early progress in a 3-year transformation plan with enhanced safety assurance and leadership training, aiming for a unified safety culture and zero fatalities or serious injuries.

• Over 20 sites completed second-line audits, with all industrial sites scheduled for similar audits within two years.

• Contractor integration and mandatory certification have been reinforced, with a focus on embedding changes in years 2 and 3.

• Key KPIs show a reduction in fatality and total recordable injury rates in the first half of 2025.

• Safety audit recommendations target operational risk, assurance, culture, contractor management, process safety, and business process integration.

Decarbonization and climate solutions

• Policy momentum in the EU supports fair competition and decarbonization, with expectations for stronger trade defense tools and an effective CBAM.

• Disciplined decarbonization investments are contained within a $4.5-5bn annual capex envelope, focusing on expanding electric arc furnace (EAF) capacity.

• Major projects in Spain (Gijon and Sestao) are set to increase low-carbon steel production and reduce CO2 emissions by up to 35%.

• XCarbⓇ low-carbon steel products are being adopted in infrastructure, automotive, and renewable energy sectors, with significant CO2 reductions compared to conventional steel.

• 6% of 2024 revenues are linked to climate solutions, with demand expected to grow as global infrastructure investment rises.

Policy and standards

• The Low Emission Steel Standard (LESS) is being adopted across key European countries, providing a transparent framework for classifying steel by carbon footprint.

• Calls for binding sustainability criteria in public procurement to create lead markets for low-emission steel.

• The EC's Steel and Metals Action Plan aims to restore competitiveness and prevent carbon leakage in the European steel industry.