ArcelorMittal

InfluenceMap Score
D
Performance Band
49%
Organisation Score
44%
Relationship Score
Modifications to InfluenceMap Scoring
Sector:
Materials
Head​quarters:
Luxembourg, Luxembourg
Official Web Site:
https://corporate.arcelormittal.com
Wikipedia:
ArcelorMittal

Climate Lobbying Overview: ArcelorMittal is lobbying on climate change policy with mixed positions, evolving from primarily obstructive positions since 2015 to become more positively engaged in recent years. The company is highly engaged with climate policy, particularly in the European Union. The company appears generally supportive of top-line initiatives such as long-term emissions reductions, but has consistently lobbied against ambitious reforms to the EU Emissions Trading System.

Top-line Messaging on Climate Policy: The company in 2020 stated support for IPCC demanded emissions reductions to limit warming to well below 2°C and is in favor of policy to respond to climate change, but mostly preferring market-based solutions to government regulation. The company stated support for the EU’s 2030 Climate Target Plan and the European Green Deal in 2020.

Engagement with Climate-Related Regulations: ArcelorMittal has consistently opposed reforms to the EU Emissions Trading System (EU ETS) to increase the effectiveness and the carbon price of the scheme, often stressing carbon leakage concerns and advocating for continued free allowances in 2019. In 2020, senior executives voiced strong support for a carbon border adjustment mechanism in Europe in private consultation with the EU Commissioner Dombrovskis and in its corporate report, ‘Climate Action in Europe’, appearing to view the mechanism as a way to mitigate the company’s concerns about carbon leakage due to the EU ETS. ArcelorMittal has advocated very strongly at the EU level for a carbon border adjustment mechanism and evidence has been found of this in most data sources that InfluenceMap analyzes. However, in response to the EU Climate Law, ArcelorMittal has advocated for the continuation of free allowances in the ETS as well as the implementation of a carbon border adjustment mechanism, which would decrease the effectiveness of the scheme.

In 2020, the company voiced support for renewable energy legislation to “enable the roll-out of low-emissions steelmaking”, in contrast to earlier opposition to such policies in 2015.

Positioning on Energy Transition: ArcelorMittal appears to support the transition of the energy mix towards low-carbon energy. In response to the EU Climate Law in 2020 the company stated its support for carbon neutral steel by 2050, with policy frameworks to support this. The company has frequently advocated for policies to enable industry to access renewable electricity, in 2020 stating support for subsidies for green electricity and hydrogen. On ArcelorMittal’s corporate website it has supported the increased role of natural gas in the energy mix as the world moves away from coal and oil as energy sources because it emits less CO2 when consumed.

Industry Association Governance: ArcelorMittal has leadership positions in multiple organizations negatively lobbying climate policy across the world, including MEDEF, Eurofer and the National Association of Manufacturers in France, the EU and the US respectively. The company in 2020 released a review of its industry association memberships and their alignment with climate policy, finding misalignment with the American Petroleum Institute but not taking further action due to limited influence in the association.

A detailed assessment of the company's industry association review can be found on our CA100+ webpage here.
QUERIES
DATA SOURCES
Main Web Site

The main organizational Web site of the company and its direct links to major affiliates and attached documents.

 Social Media

We search other media and sites funded or controlled by the organization, such as social media (Twitter, Facebook) and direct advertising campaigns of the organization.

 CDP Responses

We assess and score responses to two questions from CDP's climate change information request (12.3 a & 12.3c) related to political influence questions (currently these are not numerically scored by the CDP process).

 Legislative Consultations

Comments from the entity being scored on governmental regulatory consultation processes, including those obtained by InfluenceMap through Freedom of Information requests.

 Media Reports

Here we search in a consistent manner (the organization name and relevant query search terms) a set of web sites of representing reputable news or data aggregations. Supported by targeted searches of proprietary databases.

 CEO Messaging

Here we search in a consistent manner (the CEO/Chairman, organization name and relevant query search terms) a set of web sites of representing reputable news or data aggregations. Supported by targeted searches of proprietary databases.

 Financial Disclosures

We search 10-K and 20-F SEC filings where available, and non US equivalents where not. .
Communication of Climate Science

Is the organization transparent and clear about its position on climate change science?

 1 NS NS NS NS NS NS
Alignment with IPCC on Climate Action

Is the organization supporting the science-based response to climate change as set out by the IPCC? (the IPCC)

 2 2 NA 1 2 2 1
Supporting the Need for Regulations

To what extent does the organization express the need for regulatory intervention to resolve the climate crisis?

 1 1 NS 1 1 1 NS
Support of UN Climate Process

Is the organization supporting the UN FCCC process on climate change?

 1 1 NS -1 NS 1 1
Transparency on Legislation

Is the organisation transparent about its positions on climate change legislation/policy and its activities to influence it?

 0 NA 1 NA NA NA NS
Carbon Tax

Is the organisation supporting policy and legislative measures to address climate change: carbon tax.

 0 1 -1 0 0 1 1
Emissions Trading

Is the organisation supporting policy and legislative measures to address climate change: emissions trading.

 0 -1 -1 0 -1 0 -1
Energy and Resource Efficiency

Is the organization supporting policy and legislative measures to address climate change: energy efficiency policy, standards, and targets

 NS -2 NS -2 NS NS NS
Renewable Energy

Is the organization supporting policy and legislative measures to address climate change: Renewable energy legislation, targets, subsidies, and other policy

 1 1 NS 1 -2 1 NS
Energy Transition & Zero Carbon Technologies

Is the organization supporting an IPCC-aligned transition of the economy away from carbon-emitting technologies, including supporting relevant policy and legislative measures to enable this transition?

 0 1 NS 1 1 1 0
GHG Emission Regulation

Is the organization supporting policy and legislative measures to address climate change: GHG emission standards and targets. Is the organization supporting policy and legislative measures to address climate change: Standards, targets, and other regulatory measures directly targeting Greenhouse Gas emissions

 -1 1 NS NS -2 -2 NS
Disclosure on Relationships

Is the organization transparent about its involvement with industry associations that are influencing climate policy, including the extent to which it is aligned with these groups on climate?

 1 NS 1 NA NA NA NS
Strength of Relationship
STRONG
 
 
 
 
 
 
 
WEAK
 
American Iron and Steel Institute (AISI)
42%
 
American Iron and Steel Institute (AISI)
42%
 
Eurofer (European Steel Association)
49%
 
Eurofer (European Steel Association)
49%
 
Mouvement des Entreprises de France (MEDEF)
45%
 
Mouvement des Entreprises de France (MEDEF)
45%
 
Mining Association of Canada
52%
 
Mining Association of Canada
52%
 
National Association of Manufacturers (NAM)
27%
 
National Association of Manufacturers (NAM)
27%
 
European Round Table for Industry (ERT)
57%
 
European Round Table for Industry (ERT)
57%
 
BusinessEurope
42%
 
BusinessEurope
42%
 
Business Unity South Africa (BUSA)
62%
 
Business Unity South Africa (BUSA)
62%
 
World Steel Association
59%
 
World Steel Association
59%
 
International Federation of Industrial Energy Consumers (IFIEC)
42%
 
International Federation of Industrial Energy Consumers (IFIEC)
42%
 
American Petroleum Institute (API)
23%
 
American Petroleum Institute (API)
23%
 
Canadian Chamber of Commerce
49%
 
Canadian Chamber of Commerce
49%

How to Read our Relationship Score Map

In this section, we depict graphically the relationships the corporation has with trade associations, federations, advocacy groups and other third parties who may be acting on their behalf to influence climate change policy. Each of the columns above represents one relationship the corporation appears to have with such a third party. In these columns, the top, dark section represents the strength of the relationship the corporation has with the influencer. For example if a corporation's senior executive also held a key role in the trade association, we would deem this to be a strong relationship and it would be on the far left of the chart above, with the weaker ones to the right. Click on these grey shaded upper sections for details of these relationships. The middle section contains a link to the organization score details of the influencer concerned, so you can see the details of its climate change policy influence. Click on the middle sections for for details of the trade associations. The lower section contains the organization score of that influencer, the lower the more negatively it is influencing climate policy.

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